Price of insurance

Paladin

Im curious. How do irish insurance companies justify the price of car insurance????
Isnt it just a tad ridiculous. And car tax! I mean gees cmon. Drop social welfare a bit so it aint worth it to ppl to not work. Im not sayin screw the ppl who are unable to work, just the ppl who find it ezier to be lazy and claim dole.
All said before I know, but still.

I rekon the best form of government would be a good dictator for a few years. Like a guy who would dictate in the legimate intrests of the country and could then work around the law stopping him from jailing rich bungholes like haughey & co.
neway thats my milennium commemorated £1 coin worth.

TwoShedsJackson

How do irish insurance companies justify the price of car insurance????

They don't have to justify it - you have no choice but to pay the ludicrous rates charged here. Move to England, you'll only be charged one third to one half of what they want here.

Drop social welfare a bit so it aint worth it to ppl to not work. Im not sayin screw the ppl who are unable to work, just the ppl who find it ezier to be lazy and claim dole.

Social welfare is always open to abuse - but there are people who are unable to work, they have a right to eat too

I rekon the best form of government would be a good dictator for a few years. Like a guy who would dictate in the legimate intrests of the country and could then work around the law stopping him from jailing rich bungholes like haughey & co.

Something similar may have been going through people's minds when they voted for the Nazis in the 1920'3-30's. However I'll do a good job if the unwashed masses feel like rising up

Shiminay

Now THERE'S a scary thought!!!

Vote CT No. 1 - A Better kind of Dic(k)tator

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Dav
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Adversary

You don't HAVE to buy insurance here. Sine 1998 if a company is licensed to provide insurance in any country in the EU they can provide insurnce in EVERY country in the EU. If you happened to be say, Irish - there's no law against you being insured by a German insurance company.

There's a french guy in CIT paying 130 a year for a punto sporting.

Trying to find someone who actually will insure you is a big hassle though. I havn't been able to. It's the main reason I drive a crap car.

Shiminay

Getting back on track...

Insurance for me + my Mum on her 1.1l '92 Polo was circa £900. This was with One (an Post's little venture into the market). And, now that I'm living in Dublin, I'm obviously not driving my Mother's car in Mayo, but I can get insured for any weekend I'm down for only a few pounds (can't remmber the exact figure). That's a pretty good service. The initial price is pants, but it was the cheapest we could get.

Story over - the fact of the matter is, the insurance companies are screwing us. They make huge profits. Ba$tards!

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Dav
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FreaK_BrutheR

funny to mention insurance - just got quoted for a Cooper 1.3i today - £720.
4 years no claims
26 yr old
Mind u they didnt ask me about endorsements and i didnt say so... but hey that was 6 years ago and i think that after 5 years its not taken into account.

Stephen

I may be just 17, but insurance is ludicrous. I drive a small 49cc scooter. The thing has a maximum speed of 40mph (and it takes a lot of accelerating to push it that far ). Its second hand and not worth too much. And I pay £266/yr for it.

Fúck sake.

Its ludicrous. If I recall correctly, in a few european countries, like France, you can drive scooters under a certain cc limit with NO insurace. I may be wrong, but I don't think so

Bah.

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FreaK_BrutheR

i had a vespa 125 and paid 1100 odd squids insurance when i was 20.

drunk driving offences didn't help though.

Stephen

Its nearly impossible to get insured for a 125 at any price when you're under 18

kayos

Less of the personal financial information please - especially when it's someone elses.

[This message has been edited by Castor Troy (edited 20-06-2000).]

Shiminay

Now I know that's probably confidential information, so how'd you get access to it?
That who you work for, ya?

Not to worry though. I'm probably not gonna report this leak of confidential customer information to a world wide internet forum...

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All the best,

Dav
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Shiminay

s'OK CT - Kayos mailed me and appologised - there was no harm intended, and I'm certainly not annoyed!
'Twas all in good fun.

But, thanks for the edit.

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Dav
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TwoShedsJackson

np, you sounded slightly miffed in the previous post, so i thought an edit was in order. if you dig up anything on kayos, post it here and i won't edit this time

Shiminay

heeheehee

I'll talk to all my mates in Galway and see if they know a Keelan Murphy and what he's like

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Dav
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kayos

Right o then I appologised to Dav by mail now time to appologise to everyone. I'm sorry and I won't do it a again.
One thing though Dav you spelt me name wrong thats the Girls version .

Kayos

Shiminay

Oh did I??? I never realised...

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Dav
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Bard

So insurance ... as this thread had originated...

Cheaper in the UK, is it?

Even with the following insurance claim from gaffes?
These are NEW (mostly), and are the collection made by Norwich Union in the UK for their annual Christmas mag.....

"I started to slow down but the traffic was more stationary than I thought."

"I pulled into a lay-by with smoke coming from under the bonnet. I realised the car was on fire so took my dog out and smothered it with a blanket."

Q: Could either driver have done anything to avoid the accident?
A: Travelled by bus?

A Norwich Union customer collided with a cow. The questions and answers on the claim form were:
Q - What warning was given by you?
A - Horn
Q - What warning was given by the other party?
A - Moo

"I started to turn and it was at this point I noticed a camel and an
elephant tethered at the verge. This distraction caused me to lose
concentration and hit a bollard."

"On approach to the traffic lights the car in front suddenly broke."

"I was going at about 70 or 80 mph when my girlfriend on the pillion
reached over and grabbed my testicles so I lost control."

"I didn't think the speed limit applied after midnight"

"I knew the dog was possessive about the car but I would not have
asked her to drive it if I had thought there was any risk."

Q: Do you engage in motorcycling, hunting or any other pastimes of a
hazardous nature?
A: I Watch the Lottery Show and listen to Terry Wogan.

"First car stopped suddenly, second car hit first car and a haggis ran
into the rear of second car."

"Windscreen broken. Cause unknown. Probably Voodoo."

"The car in front hit the pedestrian but he got up so I hit him again"

"I had been driving for 40 years when I fell asleep at the wheel and
had an accident."

"I pulled away from the side of the road, glanced at my mother-in-law
and headed over the embankment."

"Coming home, I drove into the wrong house and
collided with a tree I don't have."

"The other car collided with mine without giving warning of its
intention."

"I thought my window was down, but I found out it wasn't when I put my
head through it".

"I collided with a stationary truck coming the other way".

"A truck backed through my windshield into my wife's face".

"A pedestrian hit me and went under my car".

"The guy was all over the road. I had to swerve a number of times
before I hit him."

"In an attempt to kill a fly, I drove into a telephone pole."

"I had been shopping for plants all day and was on my way home. As I
reached an intersection a hedge sprang up obscuring my
vision and I did not see the other car."

"I was on my way to the doctor with rear end trouble when my universal
joint gave way causing me to have an accident."

"To avoid hitting the bumper of the car in front I
struck the pedestrian."

"My car was legally parked as it backed into the other vehicle."

"An invisible car came out of nowhere, struck my car and
vanished."

"I am sure the old fellow would never make it to the other side of the
road when I struck him."

"The pedestrian had no idea which way to run, so I ran over him."

"I saw a slow-moving, sad faced old gentleman, as he bounced off the
roof of my car."

"The indirect cause of the accident was a little guy in a small car
with a big mouth."

"I was thrown from the car as it left the road. I was later found in a
ditch by some stray cows."

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Bard

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Shiminay

LOL Nice

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All the best,

Dav
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Maximilian

The reason insurance is so high is quite simple. As a solicitor I know this to be true.

First off, younger people, especially us men, are more prone to have accidents. We drive faster. We may be better drivers than the opposite sex but more dangerous ones.
Thats another matter though.

Insurance premiums can often actually exceed the value of the car. The reason is that even in relatively minor accidents, people get hurt. People then sue the other driver.

An average whiplash claim in the Circuit Court can be anywhere from 10-30K. You wouldn't believe the amount of such claims made every year. There are thousands and thousands of them.

We had a case, for example, arising out of a moderately severe accident. The plaintiff,a girl of about 28 got around 200K. She had persistant injuries 3 years later, she will have pain for the rest of her life. She suffered from depression. She was committed twice. Her wedding was put off 3 times. She developed Alopetia resulting from the stress - her hair fell out. She still wears a wig. Who got screwed? The other driver paying £700 insurance or the Insurance Company?
Add loss of earnings if a person can't work and damages can go astronomical.

We aren't being ripped off by the Insurance Companies as much as you would think. Often, its quite the reverse.

Personally, I think our poor roads are to blame. Motorways are inherently safer. Its no coincidence that the UK have excellent roads and low insurance costs. I've never heard of a RTA case arising from an accident on a motorway, they're so rare.

Anyway, my 2p.



[This message has been edited by Maximilian (edited 24-06-2000).]

kayos

Well in england the insurance is lower because claims for things like whiplash are way lower in England than here. I will agree on the roads though I think the fact that half the roads are barely wide enough for two cars and have more holes than swiss cheece could be the cause of some acidents.

Kayos

Paladin

Oh.

Bard

Originally posted by Maximilian:
First off, younger people, especially us men, are more prone to have accidents. We drive faster. We may be better drivers than the opposite sex but more dangerous ones.
Thats another matter though.

I'm a young man (23). 99% of the time I do not drive fast and I stick to the speed limit. A car will get me from A to B faster than walking or cycling, but it doesn't have to be 70mph faster. I'm a careful, safe driver. Perhaps I'm different to the norm or the average young male driver in that respect, but I'm not entirely fond of the fact that just because there's a lot of people who are not as careful or safe drivers as myself that premiums are so high. I wish there were some other way of setting the prices, but unfortunately, there isn't.

We aren't being ripped off by the Insurance Companies as much as you would think. Often, its quite the reverse.

Personally, I think our poor roads are to blame. Motorways are inherently safer. Its no coincidence that the UK have excellent roads and low insurance costs. I've never heard of a RTA case arising from an accident on a motorway, they're so rare.

Most of them could certainly afford to lower their rates, although I do agree with your comments about the roads.

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Bard

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[This message has been edited by Bard (edited 26-06-2000).]

MiCr0

the whole principal of insurance is shared risk.
ie every one pays in and the losses of some are covered by the masses.
thats why insurance is high.
you might be a safe driver, but your group isn't.
ergo -> high rates

Bard

Oh yes, I understand the way the system works, I'm just saying I wish there were a better way, because for people like me, who are admittedly a possible exception to the "rule", the rates we end up paying are a little unfair and a poor reflection on our own driving skills.

But so it will probably stay...

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Bard

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MiCr0

but after you have provber that you are a safe driver, witha couple of years no claims bonus, your premium comes down.

Bard

Maybe the EU will bring in some sort of regulation laws for it at some stage... they have more power there than most people think... and yeah, I expect that my premium will come down over time, as I actually AM a careful driver...

We'll see.

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Bard

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Lucutus

Gentlemen, if you don't like it and want some sort of change, gather information, back that info up with valid arguments, lobby the government and bring about change, get Ireland in line with insurance costs across Europe. It's not too hard to do, all you have to do is commit yourself to something you feel strongly about.


On the other hand, you could just b1tch about it here...which I'm sure you all will.

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Lucutus of Borg

Maximilian

Whether the large pan-euopean ins co.s are engaging in price discrimination makes for an interesting point.

GreenHell

Well I haven't read any of these posts so If someone has said this then I dunno.

Coz we are in the EU I believe you can get car insurance from and EU member state.

Weres Pod when you need him.

Illkillya

who is pod?

Maximilian

You should be able to in theory. I'm no insurance law expert but I presume there is a reason why it doesn't happen in practise.

Shiminay

We can get insurance from any other EU member state. I'm not sure if there are any special issues that need to be looked into when doing it, but according to the free trade laws, it's ours for the buying

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Dav
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GreenHell

Well there you go. Should be really cheap compared to Irish insurance with the single currency.

Maximilian

Maybe not if they base their quote on the same risk basis that Irish ins co.'s do...

Pretence

If we can get cheap insurance abroad, why doesn't everybody do it, it can't be that easy??

Blitzkrieger

Cos trying to find a company to do it is a nightmare. I even tried looking during my brief sojurn in Munich. Same story everywhere - "We do not insure outside Germany" It's not that they can't - it's just the gimp's behind the desk havn't been told anything about it and can't be assed to find out for you.