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Pay and ride motor insurance scheme.
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Impunity
#21 Posted : Thursday, September 20, 2012 11:37:12 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
mukiha wrote:
I have just requested a quote for an sh800k car doing 8,000km per year.

The premium came to sh39k plus sh10k for "Mileage Manager". Total is sh49k

Now I insured the same car with Jubilee last month as a new customer - the car is new. They charged me sh32k and there is no limit on mileage!

So the question remains: Is this pay-as-you-drive really worth it?


Suppose you own say a fleet of three cars?
But I know always that hakuna cha bure.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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K22
#22 Posted : Friday, September 21, 2012 11:50:34 AM
Rank: Member


Joined: 9/12/2008
Posts: 436
Location: illobi
The business model is based on "Traditional comprehensive" costs = 7.5% of Car Value" which is all wrong. This is more expensive and i doubt it will really take off.

A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
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