>Younger drivers aged 17 to 24 paid £1,247, up from £1,112 last year.
Of course, you can apparently insure all the way up to a pretty nice £3,000+ bike, for less than £200. Easily get a nice ebike within that budget, too.
Inflation costs to the business. The business will want to sustain it’s growth margins.
The treadmill of continual growth keeps on running.
The only way it’s sustainable is for the money to come from the pockets of the less well off.
Because you’re covering the payouts to those who do claim.
Because cars keep costing more, so repairs cost more. How much is a headlight on a BMW now compared to 10 years ago.
Houses now being more expensive with higher reinstatement costs so it costs more.
Motor insurance here is also tied to rediculous losses in the USA, a global firm has global losses and they need to be made up for by everyone.
This is a fact by the way, the American motor insurance losses are killing insurance. This is why there are car insurance adverts out there every 7 mins or so, they desperately need to rake in as much as they can when you imagine one wipe out, out there costs millions and millions of dollars in medical claims, personal injury claims being astronomical out there, life long health care for serious injuries and disabilities.
Direct Line etc. here don’t tell you this.
My home insurance dropped some 4 quid, and I just had my car insurance renewal quote negotiated down from 564 quid to 487 quid. All renewal sites were quoting around 480 or 490, down from 550 last year.
Not “shooting up” at all.
My car insurance got a lot cheaper after I scrapped my car.
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>Younger drivers aged 17 to 24 paid £1,247, up from £1,112 last year.
Of course, you can apparently insure all the way up to a pretty nice £3,000+ bike, for less than £200. Easily get a nice ebike within that budget, too.
Inflation costs to the business. The business will want to sustain it’s growth margins.
The treadmill of continual growth keeps on running.
The only way it’s sustainable is for the money to come from the pockets of the less well off.
Because you’re covering the payouts to those who do claim.
Because cars keep costing more, so repairs cost more. How much is a headlight on a BMW now compared to 10 years ago.
Houses now being more expensive with higher reinstatement costs so it costs more.
Motor insurance here is also tied to rediculous losses in the USA, a global firm has global losses and they need to be made up for by everyone.
This is a fact by the way, the American motor insurance losses are killing insurance. This is why there are car insurance adverts out there every 7 mins or so, they desperately need to rake in as much as they can when you imagine one wipe out, out there costs millions and millions of dollars in medical claims, personal injury claims being astronomical out there, life long health care for serious injuries and disabilities.
Direct Line etc. here don’t tell you this.
My home insurance dropped some 4 quid, and I just had my car insurance renewal quote negotiated down from 564 quid to 487 quid. All renewal sites were quoting around 480 or 490, down from 550 last year.
Not “shooting up” at all.
My car insurance got a lot cheaper after I scrapped my car.