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"Insurance premiums for drivers could rise by as much as £1,000"

Mon Feb 27, 2017 12:46 pm

http://www.telegraph.co.uk/news/2017/02 ... overnment/

Young people could be priced out of owning a car after insurers warned their annual premiums could rise by up to £1,000.

Drivers aged over 65 could also face an extra £300 charge, while the average comprehensive motor insurance policy could increase by up to £75 a year to cope with changes the Government has made to personal injury payouts.

Justice secretary Liz Truss announced that those affected by medical negligence, car crashes and other incidents will get more money after changes to the way lump sum payouts are calculated.

But the move will put increasing pressure on insurers, the NHS and other public bodies who are responsible for paying out the increased claims.

Ms Truss warned in her statement of the "significant implications across the public and private sector".

Re: "Insurance premiums for drivers could rise by as much as £1,000"

Mon Feb 27, 2017 1:14 pm

This will affect future jobs where they are out side of their town or city.
Why not have them take an advance course of driving before they are allowed on the road on their own.

Re: "Insurance premiums for drivers could rise by as much as £1,000"

Mon Feb 27, 2017 1:30 pm

How come car insurance is so much cheaper in other countries? - Just askin' like! :stir:

Re: "Insurance premiums for drivers could rise by as much as £1,000"

Mon Feb 27, 2017 1:48 pm

I learned when the economy was crashing insurance companies were tied in with banks eg if you ask for a loan of quantity the reason you have to wait for acceptance is because they have to clear it with the insurance companies hence how I knew .
certain banks were going down when Lehman insurance failed.
If you with draw a lot if money you have to wait given a few days notice as well it then gets reported back to 10 Dowing St.

https://en.m.wikipedia.org/wiki/Lehman_Brothers

I personally think it should be made law for advanced driving that and a black box be fitted to youngesters cars that have passed
which brings down insurance and monitors their driving which would show the men from the boys.

Re: "Insurance premiums for drivers could rise by as much as £1,000"

Mon Feb 27, 2017 7:03 pm

rebbonk wrote:How come car insurance is so much cheaper in other countries? - Just askin' like! :stir:


Could it be that the level or compensation payments is lower in those countries or that they drive fewer foreign cars so repair costs are much lower?

Re: "Insurance premiums for drivers could rise by as much as £1,000"

Wed Mar 01, 2017 9:35 am

I have found out why with the price of insurance going up in price because its to force us all over to automical cars the first trial was done yesterday in London of this driverless Nisan car. Simular happened in USA years ago to force people to buy cars they with drew all tram cars (buses)from their towns and cities .
Years ago General motors made electric cars in America which threatened the oil industry for cars they to were forced to scrap all the electric cars.

If you drive now with hands free and have an acciedent talking to a passanger picking your nose you will be charged with dangerous driving. So what happens when you sneeze then will the police be done as well as they use a radio and always picking their nose. :stir:
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