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Question:
Insurance companies 'share' info on all sorts of levels to my knowledge (though I'd be happy to get shot down if someone KNOWS better) - the top underwriters underwrite many companies so this stands to reason...
Whats to stop them sharing info on cars???
The guy that I've just bought my GTR off has insured his through 'A company' and has his car insured at £25k and the mods insured at £10k so if I then go to tesco and get a policy for £900 (quoted with Induction and Exhaust)
and here is the question:
Whats to stop them getting the info from 'A company' (that he was insured with) who know that the car has £10's of thousands worth of engine mods and nullifying the insurance if the worst happens???
My answer - nothing - so I'm hoping that they'll (A company) just insure the same car with a different owner at a different address for a similar amount - £800 odd...
They're not open until Monday but I'll let you know.
Anyone know if I'm just being big-brothernoid???
J
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