Post date: Sep 14, 2020 11:00:59 PM
Solution: Try this answer where you can compare quotes from different companies -insureforeverybody.info
Alpha Car Insurance - Things To Know
Alpha Car insurance brand has gone bust - leaving thousands of consumers without insurance. THOUSANDPARAM
The Licensed Taxi Drivers' Association has revealed that a third of all taxis and minicab drivers in the UK are affected by the collapse of Alpha Car insurance. One driver even claimed that he received an anonymous text message from a phone number claiming to be from the company asking him to change his taxi insurance quote. The message also claimed that the new insurance quote would come in the next 48 hours.
Alpha Car has been forced to suspend all services after the collapse of the company. It will carry on business as normal as long as the company is able to continue to run. The company's assets have also been sold and will be taken over by a private investor. Alpha will not be able to operate its website.
Alpha Car has faced a number of legal actions for providing cover to uninsured drivers. Alpha Car was involved in an action against the UK's Competition and Markets Authority (CMA) in relation to its failure to make sure that drivers who were uninsured were not provided with cover. An Independent Police Complaints Commission investigation also revealed that there had been many complaints made against the company regarding the claims it was making against drivers whose claims they were unable to pay. As a result, the CMA had to investigate the claims the firm made and concluded that it was not possible for them to conclude whether these claims were true or false.
Alpha Car has also been accused of providing inadequate cover for drivers whose caravans were damaged during the removal of their personal belongings. The company had not provided the necessary insurance coverage required by law. Alpha Car had not supplied its customers with an insurance certificate which was required in order to claim on the policy.
Alpha Car had been using a system called credit crunch to calculate premiums. This was a system that meant that any claims made by drivers were significantly reduced. It was also used to reduce the amount of cover that each customer received.
Alpha Car has now introduced a compliance scheme which it says will ensure that only drivers with a clean driving record will be able to claim on their policies. It is also promising that it will not charge any more than the lowest rates of any of the other insurance companies. As soon as the scheme is fully launched, anyone who has not paid their premium for six months or more will no longer be able to take out any new cover under the scheme.
Alpha Car's claims process is still being worked on. However, it does appear that it could be a slow process and could take up to four years to work through. In any case, it seems that Alpha Car has faced an unhappy ending.
If you are thinking about taking out car insurance for your next vehicle then I would strongly advise you to check into the details surrounding Alpha Car. You may well be able to find a far better deal than is currently available through this company.
Unfortunately, it may not be possible to get a good deal from Alpha. This is because it is very difficult to get a competitive quote from this company. They have a limited range of car insurance options, so they will charge you heavily for all of them.
Alpha Car has recently become the first company in the UK to be taken off the market by Ofcom (The Office Of Fair Trading (OFT). This watchdog has issued Alpha Car with a warning that it is likely to be fined if it continues to charge people unfairly and fail to provide them with competitive quotes.
Alpha Car is already well aware of the threat that it faces and it says that the warning does not alter its plans to improve the quality of its policies. As a result, it states that it will work hard to ensure that its customers will get the best value for money out of their policies.