View Single Post
Old Mar 17th, 2017, 17:37   #20
Dancake
Premier Member
 

Last Online: Yesterday 23:35
Join Date: Apr 2011
Location: Belfast
Default

You work in the industry, so you're naturally biased. What about the 4 out of 5 young drivers that don't have accidents? You're happy for them to foot the bill even though they've done nothing wrong? As for older drivers paying for the mistakes of younger drivers, from what I can see it's a case of all drivers regardless of age are paying to line the pockets of shareholders and stakeholders. Insurance companies crying about increases in taxes is a joke.

Last year as an example, Admiral made pre-tax profits of £193 million in the first 6 months of trading. With an average of 4 million customers, that's an extra *£48.25 per customer. So last year my policy cost nearly an extra £50 because Admiral wanted to boost their profits. Did I get any extra cover for it? Not a chance.

*Total yearly profits would obviously increase this price.
__________________
1996 850 T5 - Sold
2003 S40 1.9d - Sold
2004 S60 D5
Dancake is offline   Reply With Quote
The Following 2 Users Say Thank You to Dancake For This Useful Post: