How Much is too Much for your Car Insurance?
How much is too much for car insurance?
How about paying more than 850 times what you paid for your vehicle?
Rhys Barker was shocked recently to discover his ten-year-old Vauxhall Corsa, which he paid just £1,400 for, would cost a massive £1.2 million to insure. He was convinced there had been some sort of mistake so he contacted his online insurer, Zenith, to have his quote recalculated. However, he was assured his quote was correct before being offered an alternative payment method, allowing him to pay in instalments, which would apparently make his payments of just £104,000 a month a little bit more manageable.
Wasn’t that nice of them?!?