No wonder people drive without Insurance..
06-09-2006, 06:45 PM
#1
PassionFord Post Whore!!
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No wonder people drive without Insurance..
Just had a quote on a Fiat Panda, 750cc, G reg, worth £100.....
£3750...
That's 37 and a half times the value of the car!??!
£3750...
That's 37 and a half times the value of the car!??!
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06-09-2006, 07:16 PM
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Originally Posted by YoungDan
It's a £100 peice of shit.. That was also third party fire and theft.. What damage can I do in a 750cc car? It'll hardly break 30mph.. 
my test.I brought an A plate, 1L Nova for £200. I finally got it insured for £1500 and my excess was £250!! Go figure? So would that mean I'd have owed my insurance company 50 quid if it had of ever got nicked? lol
06-09-2006, 07:27 PM
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I expect there's a belief in the insurance industry that because the car's worth very little, that may be reflected in the driver's attitude, therefore quantifying a far greater risk....
06-09-2006, 09:40 PM
#11
PassionFord Post Whore!!
The £100 shitter can do a lot of damage to a Ferarri or someone at the bus stop, even at 30mph. Add a new driver with a low value car and the risk (and premium) soars.
06-09-2006, 09:47 PM
#12
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Originally Posted by Iain Mac
The £100 shitter can do a lot of damage to a Ferarri or someone at the bus stop, even at 30mph. Add a new driver with a low value car and the risk (and premium) soars.
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