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The amusement I get from listening to individuals who's intellects are intact, but their ability to apply logic and reason to any given subject, argument or problem due to suffering from delusional retardation, never ceases.
If maximum input, minimum output makes sense to anyone, it definately isn't me!
All of you that agree with capitalism, good luck with that, if arms dealing and war mongering are a good idea, if all of the suffering and heartache in the world caused by capitalism are fine with you, as long as you get a computer and other cool toys and to run the ratrace.
Heartless, cruel and brutal that's all capitalism is, anyone that says it's fine with them, what is wrong with you?
The amusement I get from listening to individuals who's intellects are intact, but their ability to apply logic and reason to any given subject, argument or problem due to suffering from delusional retardation, never ceases.
I also derive great amusement from feeling superior to others. But I do try to engage with them, ask them questions, and see if I can learn from their ideas, rather than dismiss them as delusional retards.
petrieboy - Thats cheeky! Not heard of that before. Was it the actual insurer who put you through to the personal injury lawyer, or your bank / the broker? (often claims are initially reported to a broker who will only report to the insurer every month or so).
Can see that a ploy like that would be profitable though - good commission to be made from referring injury claims.
Sounds like some people have had some awful service from their insurance companies so perhaps it would benefit everyone else if those particular companies went out of business. But ultimately the comments of Fueled paint a good picture of the story.
Insurance companies get shafted often enough themselves too. Say someone had a policy with Insurer A, and at the end of the year decided not to renew, but instead elected to drive uninsured for the next year. If they cause an accident, who pays for it? That'll be their most recent insurer.
Similarly if the books show a 19 year old with a clean license driving a 1-litre Corsa, who has an accident and then it emerges the car actually has a far bigger engine and the driver has 3 previous convictions etc. The insurer is within their rights to repudiate the claim since they wouldn't have covered the risk anyway, but this only applies to the First Party element. So they'll save a few grand by not paying for the policy holders car, but will still be liable for any 3rd party damage or injury. This could easily run into the tens of millions in periodic payment orders if, for example, the driver had seriously injured several children in a car.
The situation isn't going to get better without some major changes in law.
Firstly there needs to be less lawyer involvment
in the claims process. I'm not sure of the details, but Scotland has a slightly different system which makes claims farming illegal and you might happen to notice that everywhere in Scotland - even inner city Glasgow - is most likely cheaper than a lot of English towns.
Secondly driving uninsured needs to carry a much heavier penalty. Isn't the fine currently around £200? If insurance would cost you £3000, and getting caught only costs £200 [b]IF[/b] you get caught, is it any wonder so many people choose not to?
Fueled - the claims line printed on my insurance handbook is actually the number for the PI firm. I had to push them
To get them to give me the number for the underwriter. Absolute crooks!! One set of them trying to get me to say I had a sore neck and another set trying to deliver a new mercedes within 4 hours. Not one of them actually interested in the accident or what damage was actually sustained!!
Ooh back to the OP...I got £30 more back as a goodwill gesture as a result of my whinging letter.
*punches air*
Fueled - Member
From the perspective of a guy who works in the pricing department of a motor insurer:The UK motor insurance market, as a whole, hasn't had a profitable year since the 1990s. This is for 2 main reasons:
So basically insurers are just misunderstood and the good guys. I'm sure I heard a bunch of people saying something similar not that long ago, who was it again?
Aah yes, the bankers!
Yeah, OK, you got me.So basically insurers are just misunderstood and the good guys. I'm sure I heard a bunch of people saying something similar not that long ago, who was it again?Aah yes, the bankers!
The whole sob story about "just trying to make some money by providing a service in a very competitive free market" is indeed complete BS.
Were all the same, us financial services people.
What we really could do with though, is more people to complain bitterly and ungratefully about the state of the world while offering up no remotely worthwhile suggestions as to how it could be made better in their eyes.