Submitted on Friday 17th February 2017
Published on Friday 3rd March 2017
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 13
Cap unfair & ridiculous increases on commercial vehicle insurance.
Our specialist commercial vehicle insurance has risen from £1800 pa to £3400 pa for no reason, we have not made a claim & now have 1 years no claims discount, Insurance company refuse to provide an answer.
This is kind of increase will result in less vehicles and therefore less employees.
RSA insured our specialist truck-mounted carpet cleaning machine and van set-up last year with 0 NCD for £1800, this year they are asking for £3400 even though we have earned 1 years NCD and no changes.
I have invested over £75,000 in this machine and vehicle based upon us being able to insure it, I will now have to sell the setup and make 2 staff members unemployed. I also have another setup which is renewable in Sept, if the same happens the business will go under and 8 staff become unemployed
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3.137.218.215 Sat, 27 Apr 2024 02:47:38 +0100
