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Old 22-11-09, 11:19 PM   #31
Juju
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Join Date: Apr 2005
Posts: 176
Default Re: giggle about my insurance renewal

Presumably, if you all keep taking "non fault hire bikes", from the vultures who all have very self aggrandizing titles, adding £2-7k to every claim, and every minor scuff becomes 12m whiplash when the accident solicitor refers you to their pet bent expert, adding £5k compo and legal costs, then soon insurance will be doublling or tripling.

Remember in the present credit crunch, insurers are not making the income on invested premium that they were 12-18m ago, and as claims are still going up year on year, theres only one place the shortfall can come from. Simple economics. Its you!

Bikers particualrly do themselves a disservice. Given "bikers" feel themselves a special "group" and are easy prey for those whispering in their ears about "injustices" in claims, they are oddly enough, most directly responsible for premiums rising.

Typically, I see kids on 50cc mopeds with £3-700 damage claims ending up with £3k hire claims due to the "hire vultures" in the industry.
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