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Author random insurance quotes
Matt L
Member
Registered: 17th Apr 06
User status: Offline
10th Dec 12 at 13:34   View User's Profile U2U Member Reply With Quote
I can insure a noble m12 for less than my leon shame i cant afford to buy one.
aaron_c20
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Registered: 12th Sep 12
User status: Offline
10th Dec 12 at 17:04   View User's Profile U2U Member Reply With Quote
Hahaha just depressing ain't it
Pop
Member
Registered: 8th May 03
Location: Reading
User status: Offline
10th Dec 12 at 18:29   View User's Profile U2U Member Reply With Quote
Jay / aaron_c20 - this has been covered loads of times. The motor insurance industry has been loss making for years.
aaron_c20
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Registered: 12th Sep 12
User status: Offline
10th Dec 12 at 18:33   View User's Profile U2U Member Reply With Quote
Don't see how but if you know that then fair enuff
Pop
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Registered: 8th May 03
Location: Reading
User status: Offline
10th Dec 12 at 18:36   View User's Profile U2U Member Reply With Quote
Some links if you are interested...

http://www.money.co.uk/article/1000336-motor-insurance-industry-soon-to-be-in-profit.htm

http://www.insuranceage.co.uk/insurance-age/news/1564082/motor-insurance-industry-set-gbp1bn-underwriting-loss-claims-deloitte

http://uk.reuters.com/article/2012/05/24/uk-insurance-cars-idUKBRE84N15P20120524
aaron_c20
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Registered: 12th Sep 12
User status: Offline
10th Dec 12 at 18:50   View User's Profile U2U Member Reply With Quote
Case closed lol
Matt L
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Registered: 17th Apr 06
User status: Offline
11th Dec 12 at 13:18   View User's Profile U2U Member Reply With Quote
I can see how they make a loss tbf I had a slight bump (tiny dent on other persons door) and the repair cost £3.5k compared to me paying £700, I am assuming he had a lambo as a hire car at that price
John
Member
Registered: 30th Jun 03
User status: Offline
11th Dec 12 at 13:20   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Pop
Some links if you are interested...

http://www.money.co.uk/article/1000336-motor-insurance-industry-soon-to-be-in-profit.htm

http://www.insuranceage.co.uk/insurance-age/news/1564082/motor-insurance-industry-set-gbp1bn-underwriting-loss-claims-deloitte

http://uk.reuters.com/article/2012/05/24/uk-insurance-cars-idUKBRE84N15P20120524


Same as the last time you posted them, rubbish.

Starbucks haven't made a profit in 15 years, vodafone dodge 4 billion tax, that doesn't for one second mean these companies are losing money.
GB123
Premium Member

Registered: 21st Nov 11
Location: Kent
User status: Offline
11th Dec 12 at 13:27   View Garage View User's Profile U2U Member Reply With Quote
I don't understand why they would bother to carry on trading if they were making a loss year on year, just for a hobby?
John
Member
Registered: 30th Jun 03
User status: Offline
11th Dec 12 at 13:29   View User's Profile U2U Member Reply With Quote
Pop doesn't worry about sensible things like that.

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