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PostPosted: Thu May 31, 2012 7:59 am 
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Evil Admin
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Joined: Tue Dec 21, 2004 8:31 pm
Posts: 13427
Location: Birmingham (near Sutton Coldfield)
Drives: Nissan Pulsar GTi-R
Insurance companies are the be investigated in the way they inflate prices of things during a claim.

http://www.bbc.co.uk/news/business-18268650

Funny enough, lad I work with had a crash a couple of weeks ago, and currently has a hire car being paid for by the other persons insurance. When he got the car, he signed the form, which had a price of £56 per day on it. When he received copies of the form which the insurance company sent him (along with other forms), the price on the exact same sheet of paper was £112 per day!!

And THIS is what actually pushes our insurance up, more so than the whole claim thing. Plus, as it says in that article, the insurance companies sell on your details of an accident to these claim companies, so they're the ones forcing the issue of claiming for anything and everything! Again, lad I work with has had the phonecalls from the claim companies, literally HOURS after his accident. :hmm: Needless to say, he IS making a claim...

The whole industry needs bitch slapping back into place and to stop ripping us off. Rant over, but, discuss....

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PostPosted: Thu May 31, 2012 8:09 am 
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Jap Crew
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I'm glad the OFT and the media and being more vigilant with this now, finally!

It's about time insurance companies were not a law unto themselves with everything they do. It disgusts me with what they can write down on policies and get away with. I hope we hear more about this and the investigation into how insurance companies work deepens.

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PostPosted: Thu May 31, 2012 8:54 am 
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FSI Supporter
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Joined: Fri May 23, 2008 12:40 am
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Location: Portsmouth
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The sooner they sort it out, the better it will be for everyone.

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PostPosted: Thu May 31, 2012 9:44 am 
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Location: Rochdale
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I hope it actually makes a difference we all feel. My insurance is rediculous, more than the cars worth.

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