Quote:
Originally Posted by entwisi
IMHO you should be given an insurance 'disc' that should be displayed alongside teh tax disc with its expiry date etc on. Any cars without a valid disc should be crushed and teh owners put inside for 6 months. That would scare a few.
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The MID is the way the industry is dealing with this problem as Disk could be copied.
The MID will soon be entering stage 2 this means that if you own a vehicle it has to be insured even if it stays in your garage.
I have seen recently a lot of car being take away because they are not insured, so it is working slowly.
Quote:
Originally Posted by WillowTheWhisp
We should also get tough on those who submit fraudulent claims.
Not car insurance but we had interesting little experience some years ago when we had a roof blown off type flood. We contacted the insurance company, as you do, and they gave us a number to phone to get a firm out who would sort out ALL the required repairs and then bill the insurance company. Sounds good doesn't it? Far less hassle for us. We thought so too.
Then they came. We could apparently get an interim payout so we could buy immediate necessities - the repair company suggested that we add onto that some details of work that they had already done - like replastering the dining room ceiling and reflooring the bathroom. Pardon? What replastering? What flooring? They hadn't done anything! They were expecting to get paid for something that didn't even need doing!! This was the company which had the insurance approval, nay more than approval. The insurance company had sent them to us!
I phoned the insurance company and told them what had been suggested - they told us to send the repair people packing and to get in some workmen of our own and send them the bills.
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Its true that some companies will try and claim for every little ting you can, these are usually Loss Assessors (work for you) they get a % of the claim settlement.
But exagarated claim is also a commen problem. Mainly on Household claims.
Chav, If insurers didnt invest in other things they wouldnt be able to keep insuring, as I said earlier I have read that insures somethime operate a motor accout at a loss - ie for ever pound gained in premium income they payed out £1.06. IIRC it was Royal & Sun Alliance.
When you see and deal with the people who are unfortunate to have a claim, then you realise the value of insurance.