- Joined
- Jul 24, 2008
- Messages
- 33,627
- Points
- 0
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>What's the point of motor insurance?
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->I WAS taken aback when my motor insurance premium shot up from $695 last year to $4,098.13.
I called my insurance agent and insurance company. I was told a third-party claim of $21,400 against me was pending and because of this, I had to pay a hefty premium.
I find this hard to understand. Why would one buy motor insurance if such was the case? I paid only $100 to repair my car after the accident. The other party initially agreed to settle the matter, but changed her mind after she visited her workshop.
Subsequently, I received a claim for slightly more than $21,000 officially. How do I seek help and protection? Eddie Low
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->I WAS taken aback when my motor insurance premium shot up from $695 last year to $4,098.13.
I called my insurance agent and insurance company. I was told a third-party claim of $21,400 against me was pending and because of this, I had to pay a hefty premium.
I find this hard to understand. Why would one buy motor insurance if such was the case? I paid only $100 to repair my car after the accident. The other party initially agreed to settle the matter, but changed her mind after she visited her workshop.
Subsequently, I received a claim for slightly more than $21,000 officially. How do I seek help and protection? Eddie Low
