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Cost of insurance article...

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Old 06 November 2001, 02:03 PM
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simon_prickett
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Interesting article on cost of car insurance...

http://news.bbc.co.uk/hi/english/business/newsid_1639000/1639594.stm

Simon.
Old 06 November 2001, 04:02 PM
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camk
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Insurance is cheaper in Germany but they Fully Comp does not cover all risks in all circumstances, if you drive like a maniac and crash they don't pay your damage only 3rd party damage. They do not cover lift off oversteer whilst driving too fast ;o) Much tighter on Gross Negligence related claims e.g. Keys left in the car or outside of garage and unlocked.

Regards
Cammy

Old 06 November 2001, 04:31 PM
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chiark
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A quote from the article: "the fact is that much of the premium is being used to pay out claim costs"

Thank God/deity of your choice for good old top quality investigative journalism that looks deeply into a subject and gives it a thorough going over.

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