Moosey Posted March 5, 2011 Share Posted March 5, 2011 And we all know why dont we. I slipped on a grape at Asda today how much can I claim. Someone rear ended me at 5 mph and I’ve got whiplash. Do you seriously believe that? http://www.eveningnews24.co.uk/news/business/aviva_reports_26pc_jump_in_profits_1_818101 Aviva report millions (£500m) of extra profits, and foresee it going into this year too. MOJ reports show (and I can certainly tell you from first hand experience) that the numbers of personal injury claims, particularly following road accidents, have fallen dramatically, and I mean dramatically. I'd say around 30% less than 5 years ago. It's just an easy, media friendly scape goat, to take away from the fact that insurers want to make more profit. Insurers blame people making claims, which co-incidentally persuades people to claim less, making them even more money! Insurers love it, as it gives them an excuse to make another £500m, and the press love it as it sell papers. Never mind the facts eh. As an edit, if you slipped on a grape in Asda, you'd most likely get bugger all. All the Sheffield stores have very thorough inspection protocols, therefore, you'd fail and get nothing. Again, don't listen to the media, please. Link to comment Share on other sites More sharing options...
Alex C. Posted March 5, 2011 Share Posted March 5, 2011 Do you seriously believe that? http://www.eveningnews24.co.uk/news/business/aviva_reports_26pc_jump_in_profits_1_818101 Aviva report millions (£500m) of extra profits, and foresee it going into this year too. MOJ reports show (and I can certainly tell you from first hand experience) that the numbers of personal injury claims, particularly following road accidents, have fallen dramatically, and I mean dramatically. I'd say around 30% less than 5 years ago. It's just an easy, media friendly scape goat, to take away from the fact that insurers want to make more profit. Insurers blame people making claims, which co-incidentally persuades people to claim less, making them even more money! Insurers love it, as it gives them an excuse to make another £500m, and the press love it as it sell papers. Never mind the facts eh. As an edit, if you slipped on a grape in Asda, you'd most likely get bugger all. All the Sheffield stores have very thorough inspection protocols, therefore, you'd fail and get nothing. Again, don't listen to the media, please. A massive, massive company - in terms of general insurance (none life), they still had a combined operating ratio (cost of claims + operating exepenses) / premium income of 1.03 (source representing a £3 loss for every £100 in written premium. If you further went into the results (I couldn't find any), I'm sure you'll find that their motor policies make up the majority of this loss. Link to comment Share on other sites More sharing options...
spindrift Posted March 5, 2011 Share Posted March 5, 2011 Aviva report millions (£500m) of extra profits Car insurance is only a small part of Aviva. RAC car insurance, which Aviva own, made a loss last year. . The Association of British Insurers (ABI) estimates that for every £100 we spend on premiums, insurers currently pay out around £105 - which effectively means they're losing money on the policies they provide. Britain's blame culture is part of the problem. The ABI suggests personal injury claims and the legal expenses they bring have risen around 22% over the past year. http://www.beatthatquote.com/news/car-insurance/Avoid-This-Car-Insurance-Increase.html Link to comment Share on other sites More sharing options...
emma royd Posted March 5, 2011 Share Posted March 5, 2011 Ive took the bulbs out of my break lights - let me know when you are behind me You have lights that come on when you stop for a cup of tea? How posh. Link to comment Share on other sites More sharing options...
emma royd Posted March 5, 2011 Share Posted March 5, 2011 Aviva report millions (£500m) of extra profits Car insurance is only a small part of Aviva. RAC car insurance, which Aviva own, made a loss last year. . The Association of British Insurers (ABI) estimates that for every £100 we spend on premiums, insurers currently pay out around £105 - which effectively means they're losing money on the policies they provide. Britain's blame culture is part of the problem. The ABI suggests personal injury claims and the legal expenses they bring have risen around 22% over the past year. http://www.beatthatquote.com/news/car-insurance/Avoid-This-Car-Insurance-Increase.html There are now hundreds of accident claim brokers. When you have a car accident you no longer report it to the insurance company, you ring the accident brokers to see how they can inflate your claim. Link to comment Share on other sites More sharing options...
Flowersfade Posted March 5, 2011 Share Posted March 5, 2011 The question should be who is not shocked,My own insurance has gone up by a significant amount too,5 years no claims. Link to comment Share on other sites More sharing options...
millie123 Posted March 5, 2011 Share Posted March 5, 2011 My boyfriends just has his through, hes been passed 2 years with 2 years no claims, its for a 2ltr turbo disel, it used to be around 1100 and its gone up to 1400, he got a quote with co op insurance and its gone to 950, try gettin a quote with them i found ther really cheap. Link to comment Share on other sites More sharing options...
Grandad.Malky Posted March 5, 2011 Share Posted March 5, 2011 Again, don't listen to the media, please. No I will listen to the people that have done it. I have lost my I-phone ……… oops £500 please ………….. Get real please. Link to comment Share on other sites More sharing options...
bobsyouruncle Posted March 5, 2011 Share Posted March 5, 2011 I was with my previous insurer for 3 yrs, was paying around £43 per month, fully comp, 1999 V Renault Megane Scenic (1.6) RXE, inever claimed, when it came upto renewal time end of Oct, it went up to almost £1300!!! Did a search, found Tesco was cheaper, and I get free windscreen cover, protected NC, and free breakdown recovery, for not much more than I was paying last year! Link to comment Share on other sites More sharing options...
Plain Talker Posted March 5, 2011 Share Posted March 5, 2011 My insurance for trixie-pup as gone up with a bang, from £125 a year to nearly £150, and I haven't claimed a single sou on it, either. I'm appalled:- I would have thought that the renewal would have stayed the same, for some silly reason... Link to comment Share on other sites More sharing options...
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