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Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Sat Mar 28, 2020 11:04 am
by LynehamHerc
Part of it may be that, if I understand things correctly, a significant proportion of insurance company profits used to come from investing the premiums. Now that a typical cash investment rate is 0.5% or even negative, compared to say 6% ten years ago they may finally have accepted, with the Coronavirus Pandemic that it's not going to change for a long time. I also suspect that they've finally decided not to buy business so much, I think that there's been some new legislation here that might indirectly affect this.
No doubt that there's others but I don't follow that particular industry sector so can't really help any more.

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Mon Apr 06, 2020 10:02 pm
by Bangernomics
My traders policy jumped to £1600 up from £1300 last year. They said they had made a mistake for the last 5 years and had made it right! I’ll be binning it off next year when it’s up and moving to one car.

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Mon Apr 06, 2020 10:44 pm
by John F
Hmm, my multi-vehicle insurance with FJ is up for renewal soon. I'll report back on how that's affected, if at all.

Wonder how insurance will be affected in the immediate future? Might be tricky for folks to pay their premiums in light of the current situation.

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Mon Apr 06, 2020 10:47 pm
by Eddie Honda
3k limit and Peter James in the end for £180.

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Mon Apr 06, 2020 10:53 pm
by John F
For how many cars? Four?

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Tue Apr 07, 2020 1:27 am
by Eddie Honda
One Jaaag.

The rest are SORN. I don't think I'll be going anywhere at the minute. Bit of a bastard as 48 bottles of full-fat Irn Bru is stuck there at the moment.

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Tue Apr 07, 2020 7:57 am
by Hooli
Surely collecting Irn-Bru is essential travel?

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Tue Apr 07, 2020 7:41 pm
by BenHar
Hooli wrote: Tue Apr 07, 2020 7:57 am Surely collecting Irn-Bru is essential travel?
Only if you've got some drains that need cleaning.

Ben

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Tue Apr 07, 2020 8:36 pm
by John F
Eddie Honda wrote: Tue Apr 07, 2020 1:27 am One Jaaag.

The rest are SORN. I don't think I'll be going anywhere at the minute. Bit of a bastard as 48 bottles of full-fat Irn Bru is stuck there at the moment.
Fuck, that's quite a premium then.

Re: Eddie Honda's wheels of steel (and occasionally alloy)

Posted: Tue Apr 07, 2020 8:46 pm
by captain_70s
My FJ quote for the Acclaim jumped by nearly £100 for this year's renewal for seemingly no reason.

I went with Lancaster instead.