News1 min ago
Increasing car insurance premiums
1 Answers
When I first moved from the UK to Ireland I was gobsmacked when my insurance premium went from £400 fully comp to IE£800 third party. However, now I spend much of my time back in the UK I looked at re-registering and insuring my car in the UK. Went on the internet and couldn't believe the quotes I got. It has gone the other way now. I currently pay €700 fully comp in Ireland with a €70 excess for a 1.9 turbo Vectra. Best quote I got in UK for the same car was £840 with a £300 excess. My guess is the 'Personal Injury Assessment Board' implemented in Ireland a few years ago has arrested the inflation of claims here. A guy drove into the back of me at the lights in Dublin last year and I haven't had one text or call from an ambulance chaser.
Maybe the UK can buy this idea from Ireland to ease their financial woes. I believe the going rate for a good idea is €87 billion. Greece, Portugal, Spain and Italy, I understand, also have good ideas for sale.
Maybe the UK can buy this idea from Ireland to ease their financial woes. I believe the going rate for a good idea is €87 billion. Greece, Portugal, Spain and Italy, I understand, also have good ideas for sale.
Answers
Best Answer
No best answer has yet been selected by SpikeyBush. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.So who hasn't been paying attention to the news this week, then?
http://www.bbc.co.uk/news/business-14833532
and
http://www.bbc.co.uk/news/uk-14850057
However I still only pay £273 per year for fully comprehensive cover on my Escort (with only a £100 excess), and that includes the highest level of RAC cover in that figure as well.
Chris
http://www.bbc.co.uk/news/business-14833532
and
http://www.bbc.co.uk/news/uk-14850057
However I still only pay £273 per year for fully comprehensive cover on my Escort (with only a £100 excess), and that includes the highest level of RAC cover in that figure as well.
Chris