insurance idiocy

Guy:Incognito

just a quick 1, i heard the best excuse ever for a house and motor insurance price hike given to my mother a couple of months back: sept 11. Now thats inventive on the part of injsurance company, thers a terrorist attack thousands of miles away so we have to put ur house and motor insurance premium up.

Typedef

Lack of competition is the problem in the Irish insurance market.


The english market is the antithesis of this sentiment, that's how the likes of Carole Nash are so comparitively cheap, not withstanding the economies of scale one comes up with in such a vast market ie UK + Ireland instead of 'just' Ireland.

</rant>

Fry

Try Hibernian, I think they are very good. I went 4 the hibernian Ignition course a few weeks ago and got 30pc off my moror insurance. First time getting insurance in my own name, 26yr old male - 644 euros....thats not bad

bambam

Hey 644 sounds really good - how long were you a named driver - what size of car were you trying to insure

Capt'n Midnight

Well we've had terrorism here and in the UK for ages - and insurance has never covered it. Governments have paid out.

So
a) it was never covered
b) it never cost them anything

so how can they justify the increase

unless it is another way for us to subsidsed the USA.

bucks73

I received my renewal from Royal and Sun Alliance recently and they were looking for €1300. A reduction of €50 on last year. I have been with them for 10 years with no claims, drive a 1.8 vectra and am 30 yo.

Hibernian quoted me €840.00 and when I went back to R&SA with the lower quote they just said that they are our rates, take it or leave it.

Needless to say I am now with Hibernian.

LFCFan

Originally posted by Stekelly
just a quick 1, i heard the best excuse ever for a house and motor insurance price hike given to my mother a couple of months back: sept 11. Now thats inventive on the part of injsurance company, thers a terrorist attack thousands of miles away so we have to put ur house and motor insurance premium up.

It's a fact that companies operating around ground zero that weren't destroyed have had no increase in their insurance. So companies 100 metres from Ground zero have no insurance increase yet insurance companies 3000 miles away will have us believe they need to hike our insurance because of it.

unkel

Originally posted by bucks73
I received my renewal from Royal and Sun Alliance recently and they were looking for €1300. A reduction of €50 on last year. I have been with them for 10 years with no claims, drive a 1.8 vectra and am 30 yo.

Hibernian quoted me €840.00 and when I went back to R&SA with the lower quote they just said that they are our rates, take it or leave it.

Needless to say I am now with Hibernian.

That's just shocking bucks73 :mad:

Dunno what age the car is but even brand new you should be quoted something like €600 - €700 fully comp. My experience forces me to get 20 - 30 quotes at insurance renewal every year, mostly from direct quotes but also brokers. Pain in the neck, but it will save you €€€€€€€