A rant about People who moan when don't understand insurance

[herthab]

Herthab

I suggest you let him do loads of drugs, then shrink wrap him and give him a glass of piss and he will like thats

Regards

Bush

Sounds like a fun date..........................

[Bushey Boy]

Good times!

[Phil_S]

The problem with Insurance is that iit's something that you may need but don't want. Therefore a lot of people buy on price alone, which may not give you the cover needed.
For example accidental death benefit only pays out if you die as a result of an accident, but if its as a result of natural causes your dependants are screwed (you are any ways).
But the former is very cheap & is generally sold on a non advice basis, ie it's up to you to interpret whether the policy is suitable.
If you buy on an advised basis you will receive an Initial disclosure document staing the basis of the advice & where to go if you have a complant etc. You also get confirmation of your needs & demands & details of why you have been sold the policy & why it is suitable.
Obviously advice costs money in one way or another, but almost always will offer better VALUE.
As for solicitors the same thing applies. I deal with a panel of several hundred firms, & whilst you can get good value for those with the lowest quotes, it's always better to pay a bit more & look for those who have a good feedback from previous customers. Certanly in conveyancing most of the larger firms tend to have teams of people (not solicitors) doing the work to a set schedule under the direction of a fully qualified solicitor. this works fine if all the conveyancing is the same.
A bit like at honda really, where each individual can make his bit of the car, but very few can build the whole thing. It's ok if all the cars are the same, but if you want to build something slightly different it takes a lot to change the system./

[Bogus Dave]

I dont think car insurance should be compulsory, there should just be no leniency or sympathy for those that dont have it when they need it. Like home or contents insurance

[axs]

I dont think car insurance should be compulsory, there should just be no leniency or sympathy for those that dont have it when they need it. Like home or contents insurance

so when someone hits you and it's their fault - who pays for it?

[neville w]

I dont think car insurance should be compulsory, there should just be no leniency or sympathy for those that dont have it when they need it. Like home or contents insurance

I think everybody should be covered by a basic third party insurance. This could be collected as part of fuel duty. People could top up their cover as they wished, but it would be impossible to drive uninsured. Higher mileage - more premium

Doubtless there'll be those who think those who drive more miles have less accidents.

[Bogus Dave]

i like nevilles idea

[flammableBen]

nationalised car insurance? so do I.

[Phil_S]

I dont think car insurance should be compulsory, there should just be no leniency or sympathy for those that dont have it when they need it. Like home or contents insurance

I think everybody should be covered by a basic third party insurance. This could be collected as part of fuel duty. People could top up their cover as they wished, but it would be impossible to drive uninsured. Higher mileage - more premium

Doubtless there'll be those who think those who drive more miles have less accidents.

You must be mad. I see the logic, but the Government would just use it as another way to get more tax from us.

[flammableBen]

yep. tax they'd use to pay if we had accidents.

[Bogus Dave]

they'd tax us more and more to build secret lairs in the pacific ocean, like they so blatantly do with the rest of the money.

[Phil_S]

yep. tax they'd use to pay if we had accidents.

So where does all the tax they already take go ?
Smokers pay more tax than is spent on the NHS - Fact
Motorists pay billions more tax than is spent on transport - Fact
I'll tell you where...
Billions goes on Quango's the biggest being the European commision who are unelected & corrupt (in that auditors refuse to sign the accounts off).
Billions are wasted collecting tax off of millions who can't afford it, & then giving it back to them in the form of tax credits. (A large % taken up by paying civil servants to do this)

I'm all for paying tax for the important things like Defence, Law & Order, emptying the bins, Education & Health, but object to having to work every year until the middle of June for the tax man.

[Bushey Boy]

yep. tax they'd use to pay if we had accidents.

So where does all the tax they already take go ?
Smokers pay more tax than is spent on the NHS - Fact
Motorists pay billions more tax than is spent on transport - Fact
I'll tell you where...
Billions goes on Quango's the biggest being the European commision who are unelected & corrupt (in that auditors refuse to sign the accounts off).
Billions are wasted collecting tax off of millions who can't afford it, & then giving it back to them in the form of tax credits. (A large % taken up by paying civil servants to do this)

I'm all for paying tax for the important things like Defence, Law & Order, emptying the bins, Education & Health, but object to having to work every year until the middle of June for the tax man.

Good posting, agreed!

[flammableBen]

Oh I'm against all the inefficiency in the system, but that doesn't mean I think we should throw out public services. It's also clear that you can't think about tax in such a onetoone way. Some areas have to be subsadised from others. I don't completely disagree with you, but some of your points are overly simplified and the Smoking NHS is wrong.

Smokers do not pay more tax than is spent on the NHS. That's silly. They may spend more than it cost to treat smoking related illness. But then as I said previously you can't tax things on your magical 1:1 simplicity system you want. What would you tax for the rest of the NHS, accidents? Taxing cigarettes is one of the ways it can be made fairer without blanket income taxing. It's also a deterrent on smoking.

I somewhat agree about the inefficiency of the tax credits, although inefficiency does give people jobs. Although any sort of mean testing system is going to be inefficient, yet people will also complain if they think it's unfair, as in people who are getting money don't deserve it.

I also agree that the EU is a bit broken in the way it does a lot of things. But we're still better off trying to actively improve it than we are throwing our toys out the pram and having a sulk.