Best insurance company
29 January 2014 | 09:57 PM
#31
If this is the case you should know how much parts can be priced up and the costs hugely inflated then.
I was hit by a DD in July and the damage was minimal paint webbing on the rear bumper, but the crime was not. Anyway, the repair quote from an insurance approved body shop came to an eyewatering £1489.80
, for parts. The rear bumper skin, some badges and number plate surround were quoted at £675.21 + VAT 
.
Being a bit more questioning than your average joe I decided to challenge the costs. I managed to get all the OE parts, new for less than £300 including VAT. Spookily, after I contacted the insurance company the revised quote came out at a still considerable £683.29 + VAT all in.
If we all had a go then perhaps the insurance approved bodyshops would charge less and this could be passed on to our insurers. The moral call can be a bit difficult for some people.
Quid pro quo.
I was hit by a DD in July and the damage was minimal paint webbing on the rear bumper, but the crime was not. Anyway, the repair quote from an insurance approved body shop came to an eyewatering £1489.80
, for parts. The rear bumper skin, some badges and number plate surround were quoted at £675.21 + VAT . Being a bit more questioning than your average joe I decided to challenge the costs. I managed to get all the OE parts, new for less than £300 including VAT. Spookily, after I contacted the insurance company the revised quote came out at a still considerable £683.29 + VAT all in.
If we all had a go then perhaps the insurance approved bodyshops would charge less and this could be passed on to our insurers. The moral call can be a bit difficult for some people.
Quid pro quo.
dont try and make insurers the victim here, if there was no money to be made in insurance then why has so many new companies started up. The whole insurance game is a joke, why does it cost less to insure youre house for £100k than a car worth £500. Theres more chance of youre home being broken into than someone nicking a half dead peugeot 206. Its because car insurance is mandatory and therefore open to abuse.
Last edited by gazzawrx; 29 January 2014 at 10:02 PM.
29 January 2014 | 10:04 PM
#32
i dont no, my gaffer more than likely, what i do know is parts have to be genuine parts not aftermarket, which as you will know aren't cheap anyway, then you have to factor in allowed hours of labour, which insurance companies managed to recently get halved and therefore now dont allow enough time for certain repairs to be completed in time. Then theres storage charges and possibly towing charges dependant on how the car got to the bodyshop. Theres not just the cost of the repair to factor into the end quote. Plus nowadays insurers never pay what theyre supposed to anyway.
talking about ramping up prices, what about the charges insurers try to get away with, they try to get away with a lot more than any bodyshop can/will try to claim. Then theres the pi claims who does that set in good stead in terms of revenue then.
talking about ramping up prices, what about the charges insurers try to get away with, they try to get away with a lot more than any bodyshop can/will try to claim. Then theres the pi claims who does that set in good stead in terms of revenue then.
And before moaning about insurers, see how much money your boss makes for every claim he refers to his approved accident management company
I'm not knocking bodyshops at all, I spend quite a bit of time at my friends place, and he deserves every penny he gets IMO.
But to comment in such a negative way about insurers, when the industry your in isn't whiter-than-white, opens you up for a response.
Like it or not, your industry also increases the cost of insurance, so those in glass houses.....
29 January 2014 | 10:06 PM
#33
no need to try guessing who you're insured with.
dont try and make insurers the victim here, if there was no money to be made in insurance then why has so many new companies started up. The whole insurance game is a joke, why does it cost less to insure youre house for £100k than a car worth £500. Theres more chance of youre home being broken into than someone nicking a half dead peugeot 206. Its because car insurance is mandatory and therefore open to abuse.
dont try and make insurers the victim here, if there was no money to be made in insurance then why has so many new companies started up. The whole insurance game is a joke, why does it cost less to insure youre house for £100k than a car worth £500. Theres more chance of youre home being broken into than someone nicking a half dead peugeot 206. Its because car insurance is mandatory and therefore open to abuse.
29 January 2014 | 10:11 PM
#34
I'd bet your company makes more per repair than insurers do for each policy.
Not anymore, maybe a few years ago, times have changed now. You can no longer over book hours, insurers seen to that, more in the pot for them and all that.
And before moaning about insurers, see how much money your boss makes for every claim he refers to his approved accident management company
Again he dosen't make money from pi refferals, all that was stopped recently, but of course you know that too, youre in insurance.
I'm not knocking bodyshops at all, I spend quite a bit of time at my friends place, and he deserves every penny he gets IMO.
But to comment in such a negative way about insurers, when the industry your in isn't whiter-than-white, opens you up for a response.
Like it or not, your industry also increases the cost of insurance, so those in glass houses.....
Not anymore, maybe a few years ago, times have changed now. You can no longer over book hours, insurers seen to that, more in the pot for them and all that.
And before moaning about insurers, see how much money your boss makes for every claim he refers to his approved accident management company
Again he dosen't make money from pi refferals, all that was stopped recently, but of course you know that too, youre in insurance.
I'm not knocking bodyshops at all, I spend quite a bit of time at my friends place, and he deserves every penny he gets IMO.
But to comment in such a negative way about insurers, when the industry your in isn't whiter-than-white, opens you up for a response.
Like it or not, your industry also increases the cost of insurance, so those in glass houses.....
Last edited by gazzawrx; 29 January 2014 at 10:15 PM.
29 January 2014 | 10:12 PM
#35
29 January 2014 | 10:12 PM
#36
18 June 1815 - Waterloo
iTrader: (31)
Joined: Dec 2004
Posts: 19,156
Likes: 14
From: To the valley men!
no need to try guessing who you're insured with.
dont try and make insurers the victim here, if there was no money to be made in insurance then why has so many new companies started up. The whole insurance game is a joke, why does it cost less to insure youre house for £100k than a car worth £500. Theres more chance of youre home being broken into than someone nicking a half dead peugeot 206. Its because car insurance is mandatory and therefore open to abuse.
dont try and make insurers the victim here, if there was no money to be made in insurance then why has so many new companies started up. The whole insurance game is a joke, why does it cost less to insure youre house for £100k than a car worth £500. Theres more chance of youre home being broken into than someone nicking a half dead peugeot 206. Its because car insurance is mandatory and therefore open to abuse.
.I have never seen a house stolen and broken for spares or fitted with a dump valve!
Last edited by The Trooper 1815; 29 January 2014 at 10:15 PM.
29 January 2014 | 10:20 PM
#39
are you affiliated with insurance somehow? You certainly seem to love them, you thought about being an insurance sales rep.
Last edited by gazzawrx; 29 January 2014 at 10:33 PM.
29 January 2014 | 10:25 PM
#40
i didnt say bodyshops werent making money, what i did say was it was a fraction of what insurers make in the end. Youve had over 15k off me in premiums since i started driving, ive never had a claim or had one made against me yet my quotes and premiums increase year on year, no claims means nowt nowadays.
29 January 2014 | 10:27 PM
#41
18 June 1815 - Waterloo
iTrader: (31)
Joined: Dec 2004
Posts: 19,156
Likes: 14
From: To the valley men!
Ok how many do you know of being broke into, or have suffered serious damage, burnt down or had an act of god cast upon it, of which amazingly you dont get covered for?
are you affiliated with insurance somehow? You certainly seem to love them, you thouht about being an insurance sales rep.
are you affiliated with insurance somehow? You certainly seem to love them, you thouht about being an insurance sales rep.
Just a bit to honest, would not make any money for the claims management company (therefore the repairer/scamming individual) and my moral compass is in the right direction.
You must agree, cars get broken into, suffer serious damage, get flooded (Act of God), etc but the total destruction or damaged beyond repair of a house is quite a slim posibilty.
But an unscrupulous individual is more likely to push there luck, I have never had a fender bender from a house either.
The standard you walk past are the ones you adopt.
Last edited by The Trooper 1815; 29 January 2014 at 10:30 PM.
29 January 2014 | 10:30 PM
#42
i didnt say bodyshops werent making money, what i did say was it was a fraction of what insurers make in the end. Youve had over 15k off me in premiums since i started driving, ive never had a claim or had one made against me yet my quotes and premiums increase year on year, no claims means nowt nowadays.
Now hire car charges are turning into a killer.
However, now the insurers are apparently getting on top of the PI issues, or at least starting to, premiums are starting to level, or drop very often.
If you hit the back of a car with 4 people in, even a small bump, and they claim whiplash, that £15k would be long gone.
29 January 2014 | 10:41 PM
#43
That's because PI claims have been going up, and up, and up.
Now hire car charges are turning into a killer.
However, now the insurers are apparently getting on top of the PI issues, or at least starting to, premiums are starting to level, or drop very often. Or not in mine and probably most other cases. When is joe public going to see cheaper premiums, once the insurance companies pockets/wallets cant hold anymore money???
If you hit the back of a car with 4 people in, even a small bump, and they claim whiplash, that £15k would be long gone.
Now hire car charges are turning into a killer.
However, now the insurers are apparently getting on top of the PI issues, or at least starting to, premiums are starting to level, or drop very often. Or not in mine and probably most other cases. When is joe public going to see cheaper premiums, once the insurance companies pockets/wallets cant hold anymore money???
If you hit the back of a car with 4 people in, even a small bump, and they claim whiplash, that £15k would be long gone.
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex. Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex. Explain to me where the logic is in that.
29 January 2014 | 10:46 PM
#44
18 June 1815 - Waterloo
iTrader: (31)
Joined: Dec 2004
Posts: 19,156
Likes: 14
From: To the valley men!
As i said no claims mean nowt nowadays, years ago for every year no claims you accumulated it would knock 10% off the premium, now it seems to increase it 10%.
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex. Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex. Explain to me where the logic is in that.
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex. Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex. Explain to me where the logic is in that.
How long do you have to declare them for?
I dispair
.FC was cheaper for me than F,T&TP.
Last edited by The Trooper 1815; 29 January 2014 at 10:48 PM.
29 January 2014 | 10:46 PM
#45
As i said no claims mean nowt nowadays, years ago for every year no claims you accumulated it would knock 10% off the premium, now it seems to increase it 10%.
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex. Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex. Explain to me where the logic is in that.
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex. Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex. Explain to me where the logic is in that.
NCB does count for a lot, that's why you need to get them.
29 January 2014 | 10:46 PM
#46
Scooby Regular
Joined: Jan 2014
Posts: 97
Likes: 0
From: London
As i said no claims mean nowt nowadays, years ago for every year no claims you accumulated it would knock 10% off the premium, now it seems to increase it 10%.
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex. Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex. Explain to me where the logic is in that.
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex. Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex. Explain to me where the logic is in that.
With most of these things you answers are simply plugged into a rating engine which then churns out a figure depending on the criteria, it's not properly underwritten by a human.
The impression I got from Keith Michaels is that the chap actually had some underwriting authority to change the quote sum his rating tool kicked out. These are the insurers/agents you want to deal with as they are properly underwriting the account on its full merits.
29 January 2014 | 10:51 PM
#47
you declare them for 5 years, my convictions are now spent so have been removed from my licence and fully comp was £2800
Last edited by gazzawrx; 29 January 2014 at 10:58 PM.
29 January 2014 | 10:52 PM
#48
29 January 2014 | 10:55 PM
#49
What car is it?
With most of these things you answers are simply plugged into a rating engine which then churns out a figure depending on the criteria, it's not properly underwritten by a human.
The impression I got from Keith Michaels is that the chap actually had some underwriting authority to change the quote sum his rating tool kicked out. These are the insurers/agents you want to deal with as they are properly underwriting the account on its full merits.
With most of these things you answers are simply plugged into a rating engine which then churns out a figure depending on the criteria, it's not properly underwritten by a human.
The impression I got from Keith Michaels is that the chap actually had some underwriting authority to change the quote sum his rating tool kicked out. These are the insurers/agents you want to deal with as they are properly underwriting the account on its full merits.
29 January 2014 | 11:00 PM
#50
Scooby Regular
Joined: Jan 2014
Posts: 97
Likes: 0
From: London
29 January 2014 | 11:03 PM
#52
29 January 2014 | 11:06 PM
#53
Im with a broker now, i tried every trade insurance company i could find to get the cheapest quote, that was the best i could find.
29 January 2014 | 11:08 PM
#54
18 June 1815 - Waterloo
iTrader: (31)
Joined: Dec 2004
Posts: 19,156
Likes: 14
From: To the valley men!
For your first policy you had convictions and bans. This will load your insurance cost as you are a risk. Yes?
Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex.
But you still have a previous history which you still have to declared for the another 2 years. Yes?
Therefore, in two years your premiums should come down. Yes?
You also said in a previous post all parts have to be OE and are not cheap. But they are and if you bother your **** to look you can save £'s everywhere.
Last edited by The Trooper 1815; 29 January 2014 at 11:12 PM.
29 January 2014 | 11:12 PM
#55
I paid £1600 for my first policy with quite a few convictions/bans and 0 no claims. That was fully comp and with tradex.
For your first policy you had convictions and bans. This will load your insurance cost as you are a risk. Yes?
Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex.
But you still have a previous history which you still have to declared for the another 2 years. Yes?
Therefore, in two years your premiums should come down. Yes?
For your first policy you had convictions and bans. This will load your insurance cost as you are a risk. Yes?
Now 3 years on, still 0 claims and now 0 convictions im paying £2400 third party fire and theft again with tradex.
But you still have a previous history which you still have to declared for the another 2 years. Yes?
Therefore, in two years your premiums should come down. Yes?
My convictions were in 2008, therefore up until 2013 i had to declare them. Now we are in 2014, i got some new insurance 2 weeks ago again in 2014 so theres now no convictions to declare as theyre already spent yet my premiums the highest its ever been.
you caught up with me now?
Last edited by gazzawrx; 29 January 2014 at 11:14 PM.
29 January 2014 | 11:15 PM
#56
However, my sister-in-law is an underwriter for a motor trade insurer and the amount of fraud going on with traders policies is massive apparently, so I'd assume it's something to do with that pushing prices up.
AFAIK traders policies are a very limited market, so there isn't as much competition to force prices down.
29 January 2014 | 11:16 PM
#57
18 June 1815 - Waterloo
iTrader: (31)
Joined: Dec 2004
Posts: 19,156
Likes: 14
From: To the valley men!
err NO! Ill expain it a bit simpler for you to understand.
My convictions were in 2008, therefore up until 2013 i had to declare them. Now we are in 2014, i got some new insurance 2 weeks ago again in 2014 so theres now no convictions to declare as theyre already spent yet my premiums the highest its ever been.
you following me now?
My convictions were in 2008, therefore up until 2013 i had to declare them. Now we are in 2014, i got some new insurance 2 weeks ago again in 2014 so theres now no convictions to declare as theyre already spent yet my premiums the highest its ever been.
you following me now?
Just crack on with tapping bit's of metal,ripping the naïve members of the public off and pushing up premiums. Perhaps all your profits could go to a bit of English and punctuation lessons. Use a search engine in the future and shop around for insurance, like I did for parts. You can get cheaper.
Last edited by The Trooper 1815; 29 January 2014 at 11:19 PM.
29 January 2014 | 11:18 PM
#58
Also if you bothered youre **** to find out what parts are needed in the repair youd soon realise its not a straight forward as you seem to think, youre not considering sealers, primers,certain paints etc etc, youre also forgetting about primers, masking equipment, painting equipment etc etc. All these hing are generally expensive bits and have to be factored into the costs of the repairs. They dont just appear in bodyshops free of charge.
29 January 2014 | 11:20 PM
#60
Errr no mention of 2008 in your posts you tool!
Just crack on with tapping bit's of metal,ripping the naïve members of the public off and pushing up premiums. Perhaps all your profits could go to a bit of English and punctuation lessons. Use a search engine in the future and shop around for insurance, like I did for parts. You can get cheaper.
Just crack on with tapping bit's of metal,ripping the naïve members of the public off and pushing up premiums. Perhaps all your profits could go to a bit of English and punctuation lessons. Use a search engine in the future and shop around for insurance, like I did for parts. You can get cheaper.
No mention of it being in 2010 either you plank. Before being a keyboard hero think about what youre writing and youll save yourself the embarrasment of looking like a pleb on a public forum.
Last edited by gazzawrx; 29 January 2014 at 11:22 PM.