BAD BUSINESS
BAD BUSINESS
Sir,
The insurance companies complaining of the loss on motor insurance have only themselves to blame for the incompetent handling of claims. I had a Rolls-Royce damaged badly by gross carelessness on the part of the other driver involved, and offered to settle for £200, the insurance company concerned offered £100 and refused any more. I took the car to the maker’s official repairers and it cost £435 to repair the damage, again it was tried to settle out of court, but no avail, the case was taken to the Assizes and won, and the costs for both sides were about £400. Marvellous, £835 to settle a £200 claim. Is there any wonder that the business does not show a profit on paper ? In addition to the above, many years ago I had a claim, in which the other driver was fined, and to my astonishment, on renewal, was informed the premium was to be raised because of the cost of this crash. I got in touch with the other driver and found that the same claim was on his records and he was asked to pay excess of £10 on every claim and also a higher premium. Explain this away insurance wallahs, and congratulations to the. Editor for printing our letters. I am Yours, etc., W. Hartlepool. W. M. MEREDITH,
President, Hartlepools Motor Club.