AuthorTopic: insurance excess insurance...  (Read 408 times)

0 Members and 2 Guests are viewing this topic.

Offline dreadnought110

  • Posts: 1157
  • Attack: 100
    Defense: 100
    Attack Member
  • Karma: +0/-0
  • Referrals: 0
insurance excess insurance...
« on: September 07, 2006, 21:18:30 »
Has any one seen the latest idea have a large excess on your insurance i.e £1000.00 save yourself couple of hundred on your insurance then pay another company £30 ish to cover the excess i.e if you have a claim you claim of the one company for your excess then the other company for the big part of the claim DOH.... is this getting cofusing or what!!!! :shock:
Don't waste your time on jealousy; sometimes you're ahead, sometimes you're behind. The race is long, and in the end, it's only with yourself. !!!

Offline TimM

  • Moderator
  • ***
  • Posts: 2295
  • Attack: 100
    Defense: 100
    Attack Member
  • Karma: +0/-0
    • Mansfield, Nottinghamshire
  • Referrals: 1
insurance excess insurance...
« Reply #1 on: September 07, 2006, 21:22:39 »
I've seen the idea of loading your excess to reduce your premium, I've been there and done that, especially when I was younger.

But doesn't the small print on a policy say that they will only pay out as the sole policy, which is designed to stop things being covered twice, e.g. if you have your camera stolen off the passenger seat, the insurance would not want to pay out if the camera was covered on a seperate policy.  :?:
Tim
1995 Discovery 300TDi ES Manual (Dave)
2009 Range Rover TDV8

In the area? Notts / Derbys / S.Yorks Pub Meet click here


Offline dreadnought110

  • Posts: 1157
  • Attack: 100
    Defense: 100
    Attack Member
  • Karma: +0/-0
  • Referrals: 0
insurance excess insurance...
« Reply #2 on: September 07, 2006, 21:25:53 »
Hey don't ask me it was just an article i read the other day i just thought what are we coming to when you have to do this to lower insurance!!
Don't waste your time on jealousy; sometimes you're ahead, sometimes you're behind. The race is long, and in the end, it's only with yourself. !!!

 






SimplePortal 2.3.5 © 2008-2012, SimplePortal