Rip off!!

[SoKal]

I do actually HATE the way insurance is charged and find the system hugely unfair, despite being old enough where it really doesn't matter much to me. (yep - I'm an old fart)

If I had my way, I'd abolish this ridiculous weighting on new drivers and just give them the benefit of the doubt, as I think that huge premiums only deter people from actually insuring their cars, making us ALL worse off.

My theory :

Allow new drivers to pay 'normal' premiums, but make the excess something stupid like £500 to prevent folk from making stupid claims.

But also make it clear that ANY accident that proves to be their fault will incur a MASSIVE premium hike.

So - those that are sensible get to benefit from a lower premium (meaning no-one tries to avoid insuring their car - something that affects us ALL if we have a bump with an uninsured driver) and those that drive like twonks get rightly penalised.....

Win, win IMHO

 

[Vance]

I do actually HATE the way insurance is charged and find the system hugely unfair, despite being old enough where it really doesn't matter much to me. (yep - I'm an old fart)

If I had my way, I'd abolish this ridiculous weighting on new drivers and just give them the benefit of the doubt, as I think that huge premiums only deter people from actually insuring their cars, making us ALL worse off.

My theory :

Allow new drivers to pay 'normal' premiums, but make the excess something stupid like £500 to prevent folk from making stupid claims.

But also make it clear that ANY accident that proves to be their fault will incur a MASSIVE premium hike.

So - those that are sensible get to benefit from a lower premium (meaning no-one tries to avoid insuring their car - something that affects us ALL if we have a bump with an uninsured driver) and those that drive like twonks get rightly penalised.....

Win, win IMHO

Sounds good

 

[Rawb]

Sounds good

Best thing I have heard all day, so... how are you getting your point across to every insurance company then?

 

[Vance]

Best thing I have heard all day, so... how are you getting your point across to every insurance company then?

Haggle

 

[Most Easterly Pandas]

I do actually HATE the way insurance is charged and find the system hugely unfair, despite being old enough where it really doesn't matter much to me. (yep - I'm an old fart)

If I had my way, I'd abolish this ridiculous weighting on new drivers and just give them the benefit of the doubt, as I think that huge premiums only deter people from actually insuring their cars, making us ALL worse off.

My theory :

Allow new drivers to pay 'normal' premiums, but make the excess something stupid like £500 to prevent folk from making stupid claims.

But also make it clear that ANY accident that proves to be their fault will incur a MASSIVE premium hike.

So - those that are sensible get to benefit from a lower premium (meaning no-one tries to avoid insuring their car - something that affects us ALL if we have a bump with an uninsured driver) and those that drive like twonks get rightly penalised.....

Win, win IMHO

Hmmm, sounds just as good as the idea another member had of paying £2000 for insurance and at the end of the year, if you haven't claimed, eting £1700-£1800 back.

How would insurance companies make money and cover their risks? They are a business at the end of the day after all

 

[5abr3]

It may sound silly (actually it doesn't sound silly it's the most sensible thing you could do) but up your voluntary excess, even £100 should bring it down nicely

My policy is at £0 voluntary, I saw a 6p discount for volunteering for £1200 (and nothing for anything else), so sod that tbh!

It really is just a random number generator most of the time.

 

[simondhopkins]

I think he means that the stereotype of it being a 'boy' is crap, partly due to the fact his sister is just as bad and tbh most of the really tasteless cars I see around these days being driven poorly have girls behind the wheel.

pink ford ka's come to mind :yuck:

 

[simondhopkins]

Just done a comparison with a ford fiesta 1.3 and my 1.1 punto same year same everything including insurance group, guess what £20 a month cheaper on the fiesta. 1.2 8v AND I only have a 1.1 punto but a 1.2 75 same year but the sx model, SAME PRICE! WHAT THE FECK!

 

[sludgeguts]

Hmmm, sounds just as good as the idea another member had of paying £2000 for insurance and at the end of the year, if you haven't claimed, eting £1700-£1800 back.

How would insurance companies make money and cover their risks? They are a business at the end of the day after all

How about £2k insurance but we'll reduce it to £1500 if you fit the T-eye or similar camera system - and if you crash and we find the system hasn't been running, we'll not pay you a penny?

 

[5abr3]

How about £2k insurance but we'll reduce it to £1500 if you fit the T-eye or similar camera system - and if you crash and we find the system hasn't been running, we'll not pay you a penny?

I assume thats via malicious disconnection rather than a manufacture/cyclic stress fault?

 

[Most Easterly Pandas]

How about £2k insurance but we'll reduce it to £1500 if you fit the T-eye or similar camera system - and if you crash and we find the system hasn't been running, we'll not pay you a penny?

Yep, sounds far better. Wish insurers recognised them.

Everyone I've asked has said no :bang:

 

[sludgeguts]

I assume thats via malicious disconnection rather than a manufacture/cyclic stress fault?

Yes, intentional - I'm off out for a burn with my mates so I'll pull the plug on the camera!.


I cannot believe that in this day and age there isn't a device that can be plugged in to a car's existing ECU to monitor much of the driving habits, speeds etc, combined with a cam in the dash and uplink to a sat - the iphone has the built in gizmo for playing golf or spirit level or driving games so it is obviously aware of it's position in space?
I wonder if it will come for all vehicles in the not too distant?

 

[Most Easterly Pandas]

Yes, intentional - I'm off out for a burn with my mates so I'll pull the plug on the camera!.


I cannot believe that in this day and age there isn't a device that can be plugged in to a car's existing ECU to monitor much of the driving habits, speeds etc, combined with a cam in the dash and uplink to a sat - the iphone has the built in gizmo for playing golf or spirit level or driving games so it is obviously aware of it's position in space?
I wonder if it will come for all vehicles in the not too distant?

Sisters Panda is fitted by a giro sensor by her insurance company to monitor driving style, and GPS to monitor Speed, so there part way there

 

[Vance]

Sisters Panda is fitted by a giro sensor by her insurance company to monitor driving style, and GPS to monitor Speed, so there part way there

And how much less is she paying for having that?

 

[5abr3]

Yes, intentional - I'm off out for a burn with my mates so I'll pull the plug on the camera!.


I cannot believe that in this day and age there isn't a device that can be plugged in to a car's existing ECU to monitor much of the driving habits, speeds etc, combined with a cam in the dash and uplink to a sat - the iphone has the built in gizmo for playing golf or spirit level or driving games so it is obviously aware of it's position in space?
I wonder if it will come for all vehicles in the not too distant?

such a device could be designed/built over the CAN bus but no-one will build such a thing for inclusion in a car until they are given a good reason like legislation or financial incentive to increase the unit price of the vehicles or mount the devices as an 'after market' bolt on for insurance recording purposes etc.

 

[Most Easterly Pandas]

And how much less is she paying for having that?

Dunno. Think its about £200 cheaper for the year. If her driving habbit is good she'll get a further £50 back at the end, or if its worse she's has to pay another £50 or something. I dunno the in's and out's but was a good deal all in.

Also acts as a tracker should her car be stolen.

 

[Vance]

Dunno. Think its about £200 cheaper for the year. If her driving habbit is good she'll get a further £50 back at the end, or if its worse she's has to pay another £50 or something. I dunno the in's and out's but was a good deal all in.

Also acts as a tracker should her car be stolen.

Never thought of that, good idea