RE: 15% insurance hike8 Aug 2022 10:25
Also as previously mentioned different insurance companies have different levels of risks. It's quite possible that dlg are being risk adverse as the costs of repai, replacement and courtesy costs have all sky rocketed. Its possible that they won't wish to grow the motor side of the business if it puts them in a tough spot in 6 months time.
Sometimes a company can decide to hold onto existing business, rather than go out trying to gain new. This is so its core in house areas like recovery and repair shops can facilitate the business needs to a higher degree than 3rd party business to reduce costs further. Especially in a market which is becoming more difficult to make a profit.
Then again what do I know.