jaxxx wrote: » They quoted me €3,000 last year for my car insurance. Almost 3.5 times what I was on with my current insurance and twice as much as any new quotes from other companies. 9 years driving (including learner period), 8 years no claims in own name, 0 penalty points. They can quite literally suck diesel for all I care.
Underground wrote: » I actually find them to be pretty reasonable, although that's just me. No idea if I'm an outlier or not.
Skobey_brady wrote: » Insurance is inherently profitable as the customer is legally obliged to buy the product on sale
grogi wrote: » Because https://www.rte.ie/news/ireland/2018/0517/964061-motor-insurance-investigation/ ?
Eggs For Dinner wrote: » That makes no sense. Just because they take in lots of business doesn't mean they make profit on it. When you pay your premium, it is only at the end of the year do they know if it is a profit or a loss on you
Johnny Dogs wrote: » The vast majority of people go claims free year on year, yet many (myself included) are seeing price increases in premiums. Of course they're making profit, they'd go out of business otherwise.
Johnny Dogs wrote: The vast majority of people go claims free year on year, yet many (myself included) are seeing price increases in premiums.
Johnny Dogs wrote: Of course they're making profit, they'd go out of business otherwise.
Skobey_brady wrote: Profit isn't guaranteed, incompetent people might be In charge, also insurance companies also invest in pensions which are risky, selling motor insurance however is a licence to print money, they can jack up the price by extortionate amounts yet the customer has no choice but to buy, its unique in that sense
Eggs For Dinner wrote: » Nearly a year and no findings :cool:
Eggs For Dinner wrote: » So Worldwide insurers like AXA, Zurich, Allianz, Aviva, Liberty etc. dump their incompetent thieving staff in their Ireland branches, leaving them to act as White Knights in other jurisdictions, practically giving policies away for nothing? Or could it be our cost of claims compared to elsewhere? Tough one to work out
grogi wrote: There is an excuse (high claims) and a consensus among the insurers to charge as much as they can.
grogi wrote: » There is an excuse (high claims) and a consensus among the insurers to charge as much as they can.
odyssey06 wrote: » Also, remember the price of medical treatment here. If I am injured I will have to pay for this care privately to access it in a timely manner. Such costs need to be reimbursed through my insurance.
