insurance company assets
My own to help the insurance company?
Because the ridiculously high premiums wondered how difficult it would be to start a company vehicle insurance for my imediate famly would be only 4 conductors. I live in the UK. i dont know i what the authorities would have to go. How much I need money in the bank to pay the accident claimed against me. The company wouldnt be open to the general public only to me, son of the wife and daughter, so hopefully we would need both financial assets. It may seem a silly idea, but would save lots of money I hope that in the long run.
Could not agree more with the previous answers …. But it will not happen. Lots of reasons …. Most Think of financial assets you need, do not forget largest UK demand was more than one engine of 60,000,000 But even leaving aside extreme examples …. To comply with the standards of UK policy engine must provide cover against a minimum of one million for property damage. So unless you have a million in the bank could not guarantee that can to meet the needs of property damage … and that is a little cheap! As indicated above, the liability against someone getting hurt or dead is where the financial risk is real. To be honest annual license fees, so that the insurer would pay 10 times what it currently pays the premium! The most closest you can get is going to policies with excess high as possible to keep a greater share of any risk. A good broker may be able to advise on how to get the best policy for your circumstances.
House Of Cards – P2
