I was with MCE (Gibralter) and have been told my policy will be defaulted on, then today I get a an email from MCE UK saying they can give me a new quote.
I have emailed them back my thoughts on this
Twunts
MCE ?
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garyboy
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Re: MCE ?
Sorry to hear this .. but I suppose mce uk is just as solid, or not, as other brokers? They seem to be a lot cheaper than most, (which is why I chose them), .. but I wonder if that is why their sister company went to the wall?
Apparently, Martin Lewis says 90% of unused paid months will be repaid under financial services compensation scheme, and also 90% of a legitimate ongoing claim.
Apparently, Martin Lewis says 90% of unused paid months will be repaid under financial services compensation scheme, and also 90% of a legitimate ongoing claim.
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johnnyboxer
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MCE ?
garyboy wrote:Sorry to hear this .. but I suppose mce uk is just as solid, or not, as other brokers?
They seem to be a lot cheaper than most, (which is why I chose them), .. but I wonder if that is why their sister company went to the wall?.
Have you read your MCE uk policy
Does it provide adequate insurance cover for your needs ?
We buy things we don't need
With money we don't have
To impress people we don't even like
With money we don't have
To impress people we don't even like
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garyboy
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Re: MCE ?
I found the policy quite vague and generalised, as it covered 3pft as well as fully comp. Even the payments, I was unable to find confirmed what I had agreed to. It looks like a policy to be sent out to every buyer.
So it does not cover my needs in terms of understanding, and also of cover, which I opted for 3pft.
But it does cover my needs as to price, which is OK considering I had to take out a new policy for a new bike, in order for it to build up ncd .. I have 0, for a second bike.
I'm not really convinced of the veracity of insurance payouts anyway, looking at all the get-outs they can use .. type of lock and chain, place kept, where stolen who is at fault etcetera.
In the past I have used companies like Bennett, all singing dancing good cover but over 1000 a year for a cheap fiesta and a low powered bike is just not on. So now I go for the cheapest and don't expect much.
Those who say that is bad and wrong.. feel welcome to pay for my 3 policies, now I have a new bike.
So it does not cover my needs in terms of understanding, and also of cover, which I opted for 3pft.
But it does cover my needs as to price, which is OK considering I had to take out a new policy for a new bike, in order for it to build up ncd .. I have 0, for a second bike.
I'm not really convinced of the veracity of insurance payouts anyway, looking at all the get-outs they can use .. type of lock and chain, place kept, where stolen who is at fault etcetera.
In the past I have used companies like Bennett, all singing dancing good cover but over 1000 a year for a cheap fiesta and a low powered bike is just not on. So now I go for the cheapest and don't expect much.
Those who say that is bad and wrong.. feel welcome to pay for my 3 policies, now I have a new bike.
Last edited by garyboy on Sun Jan 16, 2022 10:36 am, edited 2 times in total.
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garyboy
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Re: MCE ?
PS .. bikesure wanted 550 to add to my policy for the nc, which I had paid outright at 127.
Mce was 246 but that included national breakdown recovery and a monthly payment scheme.
Interestingly, they don't use a finance company, but take it direct from your card each month.
Mce was 246 but that included national breakdown recovery and a monthly payment scheme.
Interestingly, they don't use a finance company, but take it direct from your card each month.
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johnnyboxer
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Re: MCE ?
garyboy wrote:I found the policy quite vague and generalised, as it covered 3pft as well as fully comp. Even the payments, I was unable to find confirmed what I had agreed to. It looks like a policy to be sent out to every buyer.
So it does not cover my needs in terms of understanding, and also of cover, which I opted for 3pft.
But it does cover my needs as to price, which is OK considering I had to take out a new policy for a new bike, in order for it to build up ncd .. I have 0, for a second bike.
I'm not really convinced of the veracity of insurance payouts anyway, looking at all the get-outs they can use .. type of lock and chain, place kept, where stolen who is at fault etcetera.
In the past I have used companies like Bennett, all singing dancing good cover but over 1000 a year for a cheap fiesta and a low powered bike is just not on. So now I go for the cheapest and don't expect much.
Those who say that is bad and wrong.. feel welcome to pay for my 3 policies, now I have a new bike.
We buy things we don't need
With money we don't have
To impress people we don't even like
With money we don't have
To impress people we don't even like
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Asgard
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Re: MCE ?
Sigh I was left out of pocket (not by a lot) when these clowns went bust and now ever since I am getting insurance offers from the new bunch of crooks* that took them over...Ive unsubscribed 3 times now but doesnt seem to make any difference....Bah!
* I class all insurance providers as crooks so nothing personal
* I class all insurance providers as crooks so nothing personal
Its a trick............get an Axe
