by admin
There are some
There are some things that happen all the time in a car accident. First, the two or more vehicles involved will get damaged and have to be fixed. Second, the two or more persons involved also get hurt, and need to be fixed, so to speak. Depending on the nature of your car insurance, you could have only a portion of this covered, or all of it. Damage to another persons property. That is one of the many kinds of coverage that you can get when you pay for car insurance. It is would have been better though, if you had a comprehensive package that could pay for everything. But then again, a half loaf of bread is better than nothing at all. I have heard a lot of people say better safe than sorry, but I have not seen a lot of them do anything about it. Except in a few instances, of course. I am not ranting; I am concerned about people who take car insurance for granted. I wish they didnt. Then theyd be safe, and be able to breathe more easily, even if a car accident happens. If you have a car, you should have insurance on it. Now if you have insurance, it should be a smart one that not only covers the most obvious possibilities, but even remote ones as well. It is the only way to be certain that your tomorrow is protected against anything unpleasant that happens to your car. Injuries to any one person in a car crash can be covered by your auto insurance package, but you know that injuries to two or more people is a better clause. What makes the difference, for the most part, is what you can afford to pay as premium. But youd better be able to afford something that will save you from having to spend too much money later on.
Source: There are some
05.02.32
Car insurance companies in Northern Ireland have nothing to fear from a probe into the cost of premiums, a broker has claimed.
Sam Geddis from Adelaide Insurance was speaking after the Office of Fair Trading (OFT) launched an investigation into the contentious issue.
The OFT said it aims to establish the reasons for rising premiums across the UK, paying specific attention to the higher costs in Northern Ireland.
But Mr Geddis said the inquiry would put an unnecessary strain on the public purse.
He said: "I think this is a waste of public money at a time when we can ill-afford it - and I don't think it will bring down the cost of insurance. We are not worried about the OFT's investigation as we will get the facts.
"The underlying reasons behind the cost of premiums should be out in the open so everyone understands why they are high.
"It's down to the cost of claims and our higher legal costs, and I think the probe will establish that."
Source: Belfast Telegraph
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