Quote:
Originally Posted by sshirazz
They say I can get covered for an excess of £2000 for £100 a year.
That should make my excess £1000 instead of £3000. But I guess that only covers for one accident.
|
It actually says it will cover for more than one claim.
I've never seen anything like that before. It seems almost too good to be true.
Spending £100 per year to save the risk of £2000 possibly more if more than one claim actually seems worthwhile for new drivers.
1 in 5 new drivers have an accident within 6 months of passing their test. This is a 20/1 risk at the price.
I dare say that it would work out well for many young drivers to take a £2000 excess to reduce their insurance and use a policy like this.