25% premium reduction?

Honest John Back Room » Motoring discussion
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Wed 11 Jun 2008 11:52
25% premium reduction? - bintang
According to yesterday's press, used car values (aka insured values) have slumped by 25% due to the oil and taxation crises. Can we expect 25% off our next premiums?
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Wed 11 Jun 2008 12:03
25% premium reduction? - MVP
But I guess repair costs will increase due to the higher price of raw materials etc. = a lot more write-offs

MVP
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Wed 11 Jun 2008 12:04
25% premium reduction? - John S
Vehicle values are only part of the story. Claims from 3rd parties, especially for injuries are independent of vehicle values, and won't get any smaller.

JS
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