It’s one of the big secrets of film history, in fact, that cinema’s landmark films often turn out to be lousy…
I haven’t posted anything substantial on here for a while and while I would rather entertain you with something witty or thought provoking I’m afraid you’ll have to put up with this rant concerning insurance companies’ exploitation of young people, particularly those based in London trying to start a career.
I’m 20 years old, I drive a 125cc Vespa LX 125 i.e. - not a powerful motorbike, a simple moped with a top speed of about 65mph. I use it mainly for commuting and the occasional trip to the supermarket. I had to let my third party fire/theft insurance policy lapse in september because since I moved to London for work the premiums skyrocketed and my renewal quote was simply unaffordable. Determined to find a better deal I have searched high and low but without success. It seems impossible for someone under 25, living in London and trying to start a career to drive anything.
I thought mopeds were the young persons affordable vehicle. If that were the case, how on earth can I be quoted £1,784.20 for THIRD PARTY ONLY insurance? Even with a years no claims, an armoured chain lock, built in steering lock and a hardened steel wall anchor… The vehicle itself is only worth about £2000… It’s absolutely criminal. I don’t understand how anyone my age in London can afford to drive at all!
Some of the reasons insurers have given for the expense are as follows:
I understand why for these reasons my policy might cost more than the £456/year policy I held while a student in Leamington Spa, but almost four times that amount? Is that reasonable?! Furthermore I don’t really see the three points listed above as being particularly valid for the following reasons:
Not only do I feel like I’m being punished for telling the truth, I feel like I’m being treated as some kind of eccentric 20 year old movie star, living in the worst part of England for vehicle crime of all kinds, who has never held a no claims bonus, who holds a plethora of driving offences and many many points on his license…
The bottom line is, without my Vespa I cannot get to work, many studios are quite out of the way (my last contract being based in Pinewood, a 56 mile round trip from my North London home) and since when shooting I am often required to be in remote locations well before sunrise public transport is not an option.
I now understand why in 2010 alone 130,000 people under the age of 25 were prosecuted for driving without insurance. Insurance companies are making it impossible for me to live independently and aside from lying through my teeth to them I’m not sure what else to do.