Josh in print

[Viscount Orange Biscuit]

Reading my copy of Classics Monthly last night and in the letters section a letter by our very own Josh. well done fella

[JoshWard]

Fame at last

Good to see they also printed my friend Fraser's letter as well.

[MarinaCoupe]

Well done Josh, I read the article, you make your point about insurance well.







Chris
www.marinacoupe.co.uk

[budgie]

very good ,well done mate.

[JubileeNut]

Never heard of an insurance company call - Name withheld?
I though names were held to protect the innocent! Insurance companies are not that.
Well done for get it down in print.

[JoshWard]

I know, somewhat annoyed about that!

Footman James is the former company and Peter James is the latter company in case you were wondering.

It would be nice to see some formal owners club backing on this issue too. The only reason Peter James accepts Triumph and MG owners is due to pressure from the MGOC and TSSC, although I'm guessing the MMOC just doesn't have enough weight to pressure such companies.

[MarinaCoupe]

You have to remember that the magazines take the insurance companies shekels for advertising so the don't want to p**s them off.







Chris
www.marinacoupe.co.uk

[vermillion]

Perhaps they should p**s some of them off. At the end of the day what's the point in advertising an insurance company that can't insure you :roll:

Gary.

[Marinanut]

Don't start me on the thieving, corrupt bastids.......... :twisted:

I notice Direct Line's latest 'characters' are 'Rob' and 'Sue'. Apt for an Insewerants company.....

[JoshWard]

Perhaps they should p**s some of them off. At the end of the day what's the point in advertising an insurance company that can't insure you :roll:

Gary.

That's more or less what the TSSC did. They have a list of 'approved insurers' and when Peter James were planning on pulling out of the younger driver market the TSSC kicked up a fuss. One of the necessary criteria for an insurer to be on the TSSC 'approved' list is that they will insure drivers of any age.
As a result Peter James granted a concession. I can only assume the MGOC took similar actions as well.

Only problem is whilst that will work for huge one make owners' clubs I can't imagine the MMOC would be able to make the same impact

Oh well, to be honest I'm happier now I'm on a modern car insurance policy with the Marina and earning NCB.... Just got some quotes for next year and it will be going back under a grand again...

[vermillion]

I would have thought that that type of scenario would equate to having a good case for discrimination. How can they say that they will insure young drivers on a classic car policy but they must drive a Triumph or an MG. Absolutely outrageous. :roll:

Gary.

[jiversteve]

Insurance companies have multiple problems. Todays savvy customers have access to websites that compare prices so the demand is to provide the cheapest possible premium for the masses of 'safe' drivers. Those in marginal groups are forced out of the market. You might even have heard of recent problems where a previously 'safe' driver has moved to a new postcode, have duly notified their insurers to find that they are no longer covered and to add insult to injury, are charged a cancellation fee for the privilidge.

Its a difficult nut to crack in a financial climate where everyone is stretched to the limit. There must be a fair way, but every insurance company has investors or shareholders and its they that understandably expect a return for their investment. If the investors dont get their return, the share price drops, ultimately devaluing the company, who will no longer be able to offer insurance as they will have no backing.

I have dropped my crystal ball so I dont have an answer.

[JoshWard]

Todays savvy customers have access to websites that compare prices so the demand is to provide the cheapest possible premium for the masses of 'safe' drivers. Those in marginal groups are forced out of the market.

Strangely enough it was the price comparison websites that gave me the best quotes on the Marina.

The majority of the companies on there were far more willing to insure me than any of the specialist classic insurers, and they are using the same underwriters as all the quotes I got from the classic insurers did.
I assume it is just down to how much the company insuring me want to take on top of the price quoted by the underwriter!