Quizzes & Puzzles50 mins ago
Car Insurance Admin Fees
58 Answers
A friend of mine has just changed his address and rang his car insurance company to notify them. It took the girl on the phone less than 2 minutes to update his details on the computer while he was talking to her. He has now been stung with an admin fee of £36.
In the small print it states the company charge an admin fee but they do not mention the cost.
He is willing to pay a nominal sum, say £10.
He only made the phone call to them last week and since then he has received a call from them on a daily basis threatening him with all sorts if he doesn't stump up £36 pronto. One of the threats was that they would make sure he was blacklisted and would never get car insurance again from any firm.
Any thoughts on this one please?
In the small print it states the company charge an admin fee but they do not mention the cost.
He is willing to pay a nominal sum, say £10.
He only made the phone call to them last week and since then he has received a call from them on a daily basis threatening him with all sorts if he doesn't stump up £36 pronto. One of the threats was that they would make sure he was blacklisted and would never get car insurance again from any firm.
Any thoughts on this one please?
Answers
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The charge is very high- normally it's £25 or less.
But as ummmm has said, and as I said earlier, the costs of making a change is more than a few minutes work and companies do have overheads. We've seen statistics before about things like 'it costs £50 to change a light bulb in the civil service'. To take an extreme example, solicitors may charge out their time at £150 an hour, but only maybe £20 of that goes in wages.
Anyway, they should publish their charges, and £36 seems excessive.
Is it definitely all an admin charge or did the move lead toa rating change too?
But as ummmm has said, and as I said earlier, the costs of making a change is more than a few minutes work and companies do have overheads. We've seen statistics before about things like 'it costs £50 to change a light bulb in the civil service'. To take an extreme example, solicitors may charge out their time at £150 an hour, but only maybe £20 of that goes in wages.
Anyway, they should publish their charges, and £36 seems excessive.
Is it definitely all an admin charge or did the move lead toa rating change too?
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-- answer removed --
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