We get the lowest price if that is what we want.Hi,
Quite a few years ago, I read advice, to the effect ... "For TPO (Third Party Only) cover, take the lowest premium offered .... THEY
HAVE TO PAY THE OTHER BLOKE.
On the other hand, for Fully Comp cover, where they pay YOU, you should choose the Insurer who gives the best service, coz it's you who will suffer if they muck you about.
More recently, I have read that TPO insurance can be more expensive than Fully Comp, but I didn't understand the reasons given.
I always choose to pay the extra (£10?) for Legal Cover, and was proved right when Barbara's SAAB was written-off by the tail-lift of an under-taking supermarket articulated pantechnicon, that changed lanes. This was on a 50mph "road-works" section of the M4. Undertaking is permitted (Highway Code), when the inner line of traffic is travelling faster than the outer line
(you are not allowed to repeatedly zig-zag through the traffic). Barbara managed to phone me with the trucks registration, while chasing it.
With hindsight, a dash-cam would have been useful. Thinks ... where can I get a label saying ... "
Rear view camera fitted".
The owners of the truck ignored all letters ... apparently they were self-insured (permitted by the RTA, but requires a lot of money to be deposited with the Attorney General. Don't bother unless LOTTO are funding it.
£1,000,000 last time I looked, which wasn't recently. I think it's mentioned in the RTA .... Para.143? It also mentions that the Insurers may sue the Policy Holder, to recover their losses, but I've never heard of that happening.
Also OT. When the XKE was introduced (1971? About £1,000, I think) the insurance companies received a lot of proposals from 21 year old "Motor Traders"
One of my RAF mates had watched Jaguar shares rising, guessed somebody knew something, but couldn't do anything, as he was currently involved in a X-Flight convoy.
Very OT ... Barbara mentioned that photo driving licences were going to be introduced. Our son phoned his mate, who bought shares in a photo-booth company ... and made a killing.
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