Why your cheap car costs so much to insure...

[StevenH72]

I often here people moan that "my son's £600 punto costs £3k to insure, how can they charge a premium higher than it's value?" (or words to that effect).

Well this is why :wink:

http://metro.co.uk/2013/03/13/aston-martin-worth-180k-written-off-by-pink-vauxhall-corsa-3539760/

 

[nightyard]

Lol

 

[Redzedfour]

The damage to the Aston doesn't look that bad in the pic certainly not bad enough to write it off,but I bet the corsa was back on the road after a few panels from the breakers and a pot of pink paint :thumbsdown:

 

[Mowflow]

Bit of T Cut would polish that out.

 

[Dav the wheel nut]

In the long run we'll all be paying for that :thumbsdown:

 

[Shappers]

Can't see how that would write off the Aston.

More likely the owner doesn't want it to be repaired!

 

[Adamski]

What's worse is that insurers now put money aside after each claim for any personal injuries - whether claimed or not. All that "setting aside" whilst waiting for the ambulance chaser's call from Injury Lawyers For You is also hiking the premium