What planet do insurance companies live on?

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Robert T
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Joined: Mon 12 Jun, 2006 10:35
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Location: Cheshire

What planet do insurance companies live on?

Post by Robert T »

Just received a piece of geographically targeted junk mail from Direct Line, which I really don't think will be winning them any business round here. Apparently residents in my postcode "could be paying as little as £561" for their car insurance. Now, that is a figure that I would deem "ridiculously expensive" - in fact, the £495 I was quoted for my last renewal was enough to prompt me to shop around for a better deal (that was over £100 more than the previous years premium).

Bearing in mind that this figure is being quoted without knowing anything about my car or myself, only where I live, I have to assume that this quote is for the lowest risk driver and vehicle they can think of - I dread to think what they would actually be quoting me for a 14-year old Z3. :shock:

They then go on to sing the praises of their multi-car discount.... Well, Direct Line, I insured both my cars, on two separate policies, for over £100 less than you are quoting for just one of them!!!

Has anyone else had such a leaflet through their door? How far wide of the mark was yours?

I guess it makes a change from the unattainable quotes that some insurers bandy around, but I think someone in their marketing department will be picking up their P45 shortly. Cheered my day up anyway. :lol:

Cheers R.
Arctic Silver '99 Z3 1.9 & Black '59 Frogeye 1275cc
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Gazza
Joined: Tue 04 Oct, 2005 20:58
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Re: What planet do insurance companies live on?

Post by Gazza »

I pay £330 for the ///M and £393 total for all three Mustangs on one policy :D
Gazza

"Understeer is when you hit the wall with the front of the car, oversteer is when you hit the wall with the rear of the car. Horsepower is how fast you hit the wall and torque is how far you take the wall with you"

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Dave L2
Joined: Tue 25 Jul, 2006 10:34
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Location: North Essex

Re: What planet do insurance companies live on?

Post by Dave L2 »

I love insurance company adverts the stats always make me giggle. I particularly love the LV offer 70% NCD does this mean that there policies are 10% cheaper than everyone else, err no. :head:

Insurance company adverts are almost as good as beauty product adverts... "our anti wrinkle horse piss cream with randy peptides delay the appearance of wrinkles"...." 51% of 49 women agree" not only could they only find 49 women who would provide feedback but 51% of them isn't even a whole number of women.

"30% of customers between March 2013 and May 2013 could have saved £260 if they had collected our Meerkats which are only available from us...and ebay." :shock:

I'm sure all advertising agencies think we are all idiots, but they're always good for a laugh.
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Robert T
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Re: What planet do insurance companies live on?

Post by Robert T »

But you have to remember the shocking statistic that 50% of people are of below average intelligence. :D

Cheers R.
Arctic Silver '99 Z3 1.9 & Black '59 Frogeye 1275cc
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hotred
Joined: Sun 15 Mar, 2009 18:39
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Location: barnston

Re: What planet do insurance companies live on?

Post by hotred »

Yep I had one from Saga quoting my car (z3) for as little as £126 if I went back to them, unbelievable I thought and so this prompted me to try them out, thinking it was just a line to get me hooked.
But lo and behold I insured my 1.9 for £124.
I am always slating insurance companies but this year they have come up trumps for me on both my cars.
YipppEEE.
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Geoff H
Joined: Sat 08 Nov, 2003 12:03
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Location: Wellingborough

Re: What planet do insurance companies live on?

Post by Geoff H »

I did the same this year with Saga, £149.99 for a 2.8, fully comp with protected no claims
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RichP
Joined: Wed 20 Feb, 2013 00:47
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Re: What planet do insurance companies live on?

Post by RichP »

Robert T wrote:But you have to remember the shocking statistic that 50% of people are of below average intelligence. :D

Cheers R.
did you know that 84% of all statistics are made up on the spot?!
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RichP
Joined: Wed 20 Feb, 2013 00:47
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Re: What planet do insurance companies live on?

Post by RichP »

seriously though, age has its benefits... i pay £900 on my 1.9 with seven years no claims. I am 27. In a decent postcode. I can only pity/feel smug about younger folk.
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Southernboy
Joined: Thu 07 Oct, 2010 12:39
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Re: What planet do insurance companies live on?

Post by Southernboy »

If 50% of people are of below average intelligence, it begs the question regarding the "average" and just how intelligent the other 50% are compared to an Ad Agency copywriter..... :roflmao:
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