Irish Taxi Forum
Public Area => Taxi Talk => Topic started by: dalymount on May 28, 2020, 05:32:22 pm
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Was just shopping around and I tried a place called taxi fair.FBD are their main customer for taxis,however I didnt even know FBD insured taxis.anyway the quotes I got were full comp ,full bonus protection 1850.3 rd party with bonus protection,1665,and finally 3rd party with step back protection 1500
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FBD could be goin in a few weeks .They insure almost 700 pubs in Ireland and are due in court soon as they refuse to pay out on income continuance policies .If the judge rules against them then they will be bankrupt and that will fuck up most farmers who are also insured by FBD .More levies on the way ?
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Those are the best quotes ive had in years ,but you have me thinking that I should hold on now
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More than a thousand pubs have an interest in a test case that has come before the Commercial Court over whether FBD Insurance should pay for the losses of pubs closed as a result of the coronavirus lockdown, the court has been told.
Four cases, all involving FBD, were entered into the Commercial Court list while other publicans with similar insurance cover wait to see the outcome.
The four cases are being taken by the operators of Sinnotts pub and the Leopardstown Inn in Dublin, Sean’s Bar in Athlone and the Lemon & Duke in Dublin, with a hearing involving the first three listed for October 6th. It is expected to last up to 12 days.
Paul Gallagher SC, for FBD, said there was a public interest in an early hearing, as there were more than a thousand pubs affected and the hearing would be a “test case” that would be of “great significance” for all the parties interested.
Michael Cush SC, for all the applicants other than the operators of Sean’s Bar, said the pubs had insurance in place that raised the issue of the losses triggered by the Covid-19 lockdown and, if such losses were covered, the principles that arose for calculating the damages that were due for recovery.
The case involving the Lemon & Duke is adjourned for two weeks as mediation talks continue. If it is not resolved, it will be added to the October hearing.
Mr Gallagher said the issues to be determined were ones of interpretation, including whether there was “an insured peril”, as well as “causation issues” and the extent of any indemnity.
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Dollyer I posted on this issue and nobody commented .Do we have income continuance if we have bought insurance that allows us rent a replacement vehicle after a crash .What is the wording of that cover .Does it allow only for replacement car remember we can also claim 90 yoyo a day for loss of earnings .I was sure some Rep body would be on the case ?
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I remember about 7 years ago being offered rental facilities by liberty.I turned it down,and availed of the time off instead.ill becoming up to pension age pretty soon,I wonder am I supposed to ring them to stop the covid payment,or will that be automatic ?
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Supposing I took one of rhose quotesand thwn FBD went bust.would I loose my money ?
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Supposing I took one of rhose quotesand thwn FBD went bust.would I loose my money ?
Motor insurance policyholders in Ireland could be left personally liable for a portion of any claim against them if they have an accident and their insurer goes bust. This has emerged as the liquidation process continues following the collapse of Setanta Insurance in 2014
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Supposing I took one of rhose quotesand thwn FBD went bust.would I loose my money ?
I doubt it they are covered by the Irish state .Take the lowest quote .If you become a pensioner you should inform the Covid but then again !!!!!!!
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Ah ill defo inform them.I dont want any nasty surprises a few weeks later
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I moved from Axa 2250 fully comp--hadn't changed in 3 years even with 60% NCB--FBD 1750 !
Not worried about Pub cases even if they do lose the case ,FBD made circa 100 million last year and they insure nearly every farmer in country--if they were having problems do you really think the State would let them fail --which they may well do AXA lost a landmark case in France on Tuesday which may have repercussions for FBD !
A monkey is a monkey and its better in my pocket than AXA--them or their predecessors PMPA /Guardian Royal Exchange did me no favors in 25 years as a taxi and 20 years previously as a private driver--
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Dollyer I posted on this issue and nobody commented .Do we have income continuance if we have bought insurance that allows us rent a replacement vehicle after a crash .What is the wording of that cover .Does it allow only for replacement car remember we can also claim 90 yoyo a day for loss of earnings .I was sure some Rep body would be on the case ?
John have you any solid info on that loss of earnings bit? Sounds too good to be true. Can't see insurance companies rolling over on that one.
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Dollyer I posted on this issue and nobody commented .Do we have income continuance if we have bought insurance that allows us rent a replacement vehicle after a crash .What is the wording of that cover .Does it allow only for replacement car remember we can also claim 90 yoyo a day for loss of earnings .I was sure some Rep body would be on the case ?
John have you any solid info on that loss of earnings bit? Sounds too good to be true. Can't see insurance companies rolling over on that one.
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I dont know what the story is but Hotels and Pubs seem to think they are covered .Some drivers have a provision in their policy .If they are off the road they can claim 90 a Day or rent a replacement Car .It might be worth some Rep body getting a legal professional to interpret the wording .If Pubs and Restaurants are looking then why not us .Im sure the Pub insurance does not read In the Event of a fever called Covid 19 breaking out ,it would be more neuanced .
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Pubs had bushiness interruption insurance but the dispute centers as to what is classified as business interruption ?
I know one group of Dublin Pubs where one of the Directors who had a medical background and he specified that Pandemic be noted in the policy !
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I would think the 90 euro a day is strictly in relation to a car crash and the person or car is disabled from working...at best it would require a court room ruling and the individual claim is not worht it....
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Im sure the Pub insurance does not read In the Event of a fever called Covid 19 breaking out ,it would be more neuanced .
I think there was a company that had "global pandemic"....written in to it's policy....but obviously Covid-19 didn't exist when it was written but i'm sure future policies will have it as part of the exclusions section.