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punky · 06-10-2005, 17:05

Seems silly. If you have an expensive car, it will cost a lot more if you crash with 3rd party, instead of fully copy. It will be much cheaper to go fully comp in the first place.

There is a lot of competition in the insurance market. Prices are squeezed pretty low because of it. Insurance companies are looking for incentives to lure people over, and so I think many companies will hold on to this. Last renewal, I had 3 quotes within 40 quid. If one allowed me to drive other cars, where the other wouldn't, then they'd get my money. Insurance companies don't get rich by not getting people to sign up for policies.

06-10-2005, 17:05	#3
punky Inactive Join Date: Jun 2003 Age: 45 Posts: 14,750	Re: More Insurance rises Seems silly. If you have an expensive car, it will cost a lot more if you crash with 3rd party, instead of fully copy. It will be much cheaper to go fully comp in the first place. There is a lot of competition in the insurance market. Prices are squeezed pretty low because of it. Insurance companies are looking for incentives to lure people over, and so I think many companies will hold on to this. Last renewal, I had 3 quotes within 40 quid. If one allowed me to drive other cars, where the other wouldn't, then they'd get my money. Insurance companies don't get rich by not getting people to sign up for policies.