Sun Apr 24, 2022 11:32 am
#1908874
My LAA insurance last year had £2M combined single limit with no sublimit on passenger liability.
In my renewal quote just received, this has been changed to a sublimit of 250,000SDR per passenger which I think currently corresponds to just over £250k. Despite this the premium has gone up a bit.
As my Europa can only take one passenger I regard this as a serious degradation of cover. I think that if I ever incurred a large claim it would more probably be from a passenger rather than 3rd party person Injury or property damage.
When I looked at quotes a couple of years ago, only one broker offered passenger cover lower than the 3rd party limit and when I said no, I want full CSL Inc passenger, his quote went up £200 and went from cheapest to dearest.
So I think this is a very serious change and greatly affects the desirability and value of the LAA scheme. I'm contacting the LAA about it, but I wondered what others think of this and whether the same is coming up from other insurers?
In my renewal quote just received, this has been changed to a sublimit of 250,000SDR per passenger which I think currently corresponds to just over £250k. Despite this the premium has gone up a bit.
As my Europa can only take one passenger I regard this as a serious degradation of cover. I think that if I ever incurred a large claim it would more probably be from a passenger rather than 3rd party person Injury or property damage.
When I looked at quotes a couple of years ago, only one broker offered passenger cover lower than the 3rd party limit and when I said no, I want full CSL Inc passenger, his quote went up £200 and went from cheapest to dearest.
So I think this is a very serious change and greatly affects the desirability and value of the LAA scheme. I'm contacting the LAA about it, but I wondered what others think of this and whether the same is coming up from other insurers?