Another day and more reports from insurers of increased profits and reduced combined operating ratios, yet we are all paying more for our motor insurance than ever.
Isn’t it about time that the real reasons behind premium increases were investigated along with the pricing models of insurers as well as the Competition an Markets Authority taking a look at the fact that, despite there being more insurance brands out there than ever, there are only approximately 10 actual underwriters in the UK marketplace? So how competitive is the marketplace really?
We are amidst changing times where there are drastic reforms about to take place which are going to undo laws which are centuries old, all of this being sponsored by the UK Motor Insurance industry and their lobbying group the Association of British Insurers (ABI).
The public have been duped by the ABI due to repeated reports and news items blaming premium increased on false whiplash claims and a pandemic of fraud, yet official figures show a reduction in claim volumes and a reduction in claims expenditure. So why are our premiums still increasing and why isn’t somebody taking the insurance industry to task about this when premiums are up, claim volumes and costs are down, yet profits are leaping up year on year?
We at Free Motor Legal call for an enquiry into this as the UK insurance industry are taking their customers for fools and driving up the cost of motoring, whilst at the same time sponsoring wholesale reforms to the laws of the UK which will result in people who are genuinely injured and suffering with pain for over 6 months receiving less in compensation than somebody delayed at an airport for a few hours.
The alleged savings people will enjoy when the whiplash reforms are introduced is around £35.00 a year. Well we can save motorists £30 every year by providing a free alternative to paying for motor legal protection. So why not register today for free?
Although it seems like prices on goods and services only ever go up (have you checked what is happening with car insurance? – (the greedy sods) if you look around, there are some things you can now get for free, largely due to what we call “disruptors” in the market place.
These are the firms who see another way of doing things and the consumer goes on to benefit by the price either dropping or the product/ service becoming completely free as they “disrupt” the marketplace. This is exactly what http://www.freemotorlegal.o.uk have done to the motor legal protection / legal expenses insurance marketplace, providing motorists with a free alternative to paying for motor legal protection.
1- Motor Legal Protection – yes our favourite. For decades motorists have paid an extra £30 to their insurers or brokers for a 12 month motor legal protection/ legal expenses insurance policy. Since 2012 Free Motor Legal has been offering all motorists in England, Scotland & Wales a free alternative. Not only that but the free membership lasts for life, so no 12 month offer for new customers only. A full lifetime free membership, saving motorists millions every year. Join free today at www.freemotorlegal.co.uk
2 – Your Credit Score – Until recently you always had to pay to get your credit score or pay a subscription. Now firms like www.clearscore.com offer this for free and the big credit reference agencies like Experian have followed.
3- Music on the internet – . In the early days of the internet, you could listen to music for free (albeit illegally) on Napster. Then, you had to pay for music through iTunes, or similar services. Now we’re back to free music through apps such as Spotify and Pandora.
4 – Sat Nav / GPS – Previously you had to go out and buy a separate sat nav unit to stick on the wondscreen of your car, usually spending upwards of £100 and then needing to update the maps etc. If you have a smartphone (who doesn’t?), there’s really no reason to do so. There are plenty of free GPS apps that work perfectly fine. Google Maps for example.
5- Long Distance phone calls – If you don’t have a phone plan that already gives you free long-distance calls, check out services such as Skype and Google Voice, which allow you to make calls for free.
Can you name some more?
Can you tell the difference and know how they work?
OK I have to profess a bit of personal interest in raising this post and bringing this subject to the attention of our members as I recently got nabbed for speeding by a mobile camera van. A fair cop, I was exceeding the speed limit and got caught. Although I would argue the van had been placed in an advantageous spot where it was not in view until it was too late and I was already in the sights of the salivating camera operator.
So what are the most common forms of speed camera in use on the UK roads?
- Gatso – These are the “old guard” and have been around since the 90’s. They mainly face the direction you are travelling in and therefore take a picture of the rear of your vehicle if your speed triggers the device. They operate by using radar and therefore can be located by radar detecting equipment. The original ones used actual film, so had to be attended to by police officers and have the film removed and processed. Newer models (2nd pic) are digital so are able to promptly send the evidence to the police for processing.
- Mobile Speed Cameras – these are becoming an increasing sight on our roads as they are not fixed to one location and allows the operators to position themselves at various locations in the area they police, rather than just being a fixed camera always at the same location where people get to know and so slow down accordingly before accelerating again. Most police forces do publish the locations where the mobile “safety camera” locations are. The position the camera van (as seen above) parks is usually tactical and often although it is visible from a distance, the operator is usually aiming at traffic just as you come into view, thus maximising the number of people who are caught exceeding the speed limit before they have time to adjust their speed.
- HADECS 3 Cameras – These are seen as a bit more stealthy and are cropping up more and more as the favour for “smart motorways” increases with lots of overhead gantries and variable speed limits. With these cameras, they are often mounted at the side of gantries and are difficult to spot. They also adjust to any variation of speed limit, so if a temporary limit of say 50mph needs to be enforced, the camera settings change to reflect the temporary speed restriction in place. These too have no films present and any evidence gathered is sent electronically to a processing office.
- SPECS Cameras – These cameras are a familiar site on motorways and A roads and are often placed at locations where there are reduced speed limits, such as where road works are taking place. The difference with SPECS cameras to other conventional traffic enforcement cameras is that they measure your average speed. So rather than slowing down for the camera and then accelerating away again, you have to make certain you do not arrive at the next set of cameras too soon, otherwise the machine does the maths and works out your average speed was too high and a ticket is likely to show up in the post.
- Truvelo – are the second most popular fixed speed camera used on Britain’s road. The big difference between the Gatso and Truvelo safety camera, is the fact that Truvelo is a forward facing camera. Being forward facing means when triggered it takes a photo of the front of the vehicle including the driver, so unlike with the Gatso there is NO dispute who was driving. The more modern version Truvelo D Cam is shown in the 2nd pic above and these can either be mounted to take forwards or rearwards views, do not have any film and can also be used as red light cameras as well as monitoring up to 3 lanes of traffic at once.
Whatever the method of detection used, speed cameras or “safety cameras” remain a common site on our roads and their deployment can often seem to be a cash generator to fleece the motorist for a few quid. However,. the bottom line is that you need to keep to the speed limits, be vigilant, allow plenty of time for your journey so you are not in a rush and be aware of the speed limit of the road you are driving on.
Free Motor Legal
The Whiplash reforms proposed by the government on 17/11/16 are sponsored by the insurance industry and will struggle to pass on the alleged £40 savings per year on motor insurance costs.
Free Motor Legal urges people to be cautious in their support of the reforms being tabled by the government as these are sponsored by the UK insurance industry, supported by their trade body The Association of British Insurers (ABI).
The reforms on the face of it appear a welcome and popular way of bashing the premium increases down we have all been seeing over the last 18 months. But there are so many reasons motor premiums have increased and whiplash is far from being the route of all evil.
Our previous blog revealed the REAL REASONS YOUR MOTOR PREMIUMS HAVE BEEN INCREASING
Nothing has changed since then and there remains concerns that the promises of savings will not be passed on. An independent financial ratings agency Fitch has already said that they doubt insurers will pass on the alleged savings
Already the promises of £50 savings from October 2016 on the ABI website have now dwindled by 20% a month later and we are now all promised £40 off our premiums.