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This is why insurance is so high.......


Joss

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Yup - they ramraided the coffers last year, and now the banks are looking more in depth at a companies financial info for credit, the insurance companies are wanting to swell the cash reserves again.

 

40% rises in a year is not solely down to a few more accidents in bad weather or ambulance chasing scammers that force cars to hit them from behind, or excess hire car charges. Its massively down to how many companies have managed their cash flow in the last couple of years. Looking at the annual reports from some insurers paints a very clear picture as to whats caused the massive and fast hike in premiums.

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Yup - they ramraided the coffers last year, and now the banks are looking more in depth at a companies financial info for credit, the insurance companies are wanting to swell the cash reserves again.

 

40% rises in a year is not solely down to a few more accidents in bad weather or ambulance chasing scammers that force cars to hit them from behind, or excess hire car charges. Its massively down to how many companies have managed their cash flow in the last couple of years. Looking at the annual reports from some insurers paints a very clear picture as to whats caused the massive and fast hike in premiums.

 

totally agree

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