Well yesterday my dad was looking at renewing car insurance, we live in Liverpool and I am under 25. However a few years ago we got a quote for about £750 all inclusive but when my dad checked again it was over £2500 which worked out at £50 a week, that is about treble. In over 20 years my dad has claimed on insurance once for about £100 and he isn’t even shore the claim went through. That would work out at about £6000 for someone with no claims bonus, the car we drive is a Toyota Yaris 5 door 1.2 liter less than 6 months old and brand new is worth about £8000. Will someone please point out the logic of paying almost what the car is worth in insurance? My theory of why it is so expensive is because the companies are having to compensate for people without insurance but is it any wonder when they are this extortionate?!?

This entry was posted on Friday, March 30th, 2007 at 6:39 am and is filed under Life. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.