Car Insurance

[AtW]

Has this ever happened in reality though?

I would not want to find it out on myself.

So if there question of extra insurance cost being less than 0.1% of the money earned then I'd go for insurance.

[BoredBloke]

You've been in a car accident with payout over £1 mln and your cheapest possible insurance paid out?

The main point here is that a guy who has got contract in London with daily rate surely exceeding annual cost of insurance tries to cut down few more quid to get it even cheaper, it's not like one quote was 1000 and another 200 - ffs, if you go right to the bottom then you'll get what you paid for.

How do you know that? I just did a search with go compare and the quotes went from 315 to 1420. (cornhill direct) That's not a few quid.

[DiscoStu]

How do you know that? I just did a search with go compare and the quotes went from 315 to 1420. (cornhill direct) That's not a few quid.

He doesn't know anything, he's just being an argumentative pillock.

[Moscow Mule]

AtW, I think your premise is wrong - a larger firm will have more legal resources with which to squirm out of the claim. Therefore, you are better to go with the cheap quote from the small firm as they have fewer legal resources so have to pay out more.

[Pondlife]

This is great. Go on AtW, you know they're all wrong.

[AtW]

AtW, I think your premise is wrong - a larger firm will have more legal resources with which to squirm out of the claim.

Wrong - large firm is more public and for them to lose million on accident is not a problem, especially because it's in the margins, smaller firm hopes it won't have massive accidents, they don't have money to cover for it in their business model (it can be difference between profit and loss) so they'll fight you tooth and nail to get out of claim if they can. You will also find that their T&Cs might have been under less scrutiny.

The bottom line is that if cost difference in insurance between well known company that gives you peace of mind and cheapskate one is 0.1% of your revenues that you get from work then it's not a massive amount, unless you are total cheap skate who gets insurance only for legal reasons "cuz you have to have one", expecting "not to claim" in Tony's words.

That shows very poor judgement (also driving a cheap banger) - congratulations Tony, if you got job in the City of London, you are fit to work for a bank there!

[Drewster]

This is great. Go on AtW, you know they're all wrong.

AtW has (to his credit) never been afraid of being in a minority.......
....unfortunately (not to his credit) he often doesn't know Jack Tulip!!

[AtW]

How do you know that? I just did a search with go compare and the quotes went from 315 to 1420. (cornhill direct) That's not a few quid.

You did not say at start of thread that it was 1420 - the quoted numbers by you are 400 and 260: that's pretty low end.

[BoredBloke]

The main point here is different though - someone who earns big $$$ in London looks to save a few quid on insurance and driving a cheap banger (such cars should not be in the road as their owners won't value their or other people's cars).

More rubbish and assumptions.

The car will be cheap because it's old (Year 2000). It has a valid MOT until the end of Jan and has been used regularly by a relative (known history) and serviced. I wanted a cheap car for the following reasons

1 - I wanted something that I could leave at the train station car park which would not attract attention and which I would not be bothered if it got scratched etc.

2 - I'm going to be using the train to commute between Manchester and London on Monday and Friday. I wanted to have my main car available up at home for weekend use.

Because the car is cheap it does not mean that I will suddenly start driving like a tit - I value cheap insurance too much!

[AtW]

More rubbish and assumptions.

The car will be cheap because it's old (Year 2000). It has a valid MOT until the end of Jan and has been used regularly by a relative (known history) and serviced. I wanted a cheap car for the following reasons

1 - I wanted something that I could leave at the train station car park which would not attract attention and which I would not be bothered if it got scratched etc.

2 - I'm going to be using the train to commute between Manchester and London on Monday and Friday. I wanted to have my main car available up at home for weekend use.

Because the car is cheap it does not mean that I will suddenly start driving like a tit - I value cheap insurance too much!

Ok then, I'll let you off this time.