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Thursday - 6 August 2020

And you thought your car insurance was high

Man billed GBP 50 Million for insurance on old Ford

It’s been reported in the UK’s Daily Star (so take it with a pinch of salt) that a ‘Dad was billed £50m for car insurance and was ‘allowed to pay’ £4.2m monthly instalments for old Ford.’

Now don’t get me wrong, some of the older Fords have become quite the investment, but this seems extreme.

The report says that the dad-of-three received the shock of his life after car insurance company sent him a bill of over £50 million when he tried to cancel his annual insurance policy.

Mohammed Irfan, 38, was obviously upset when discovered the huge sum for his Ford Kuga, which is worth £17,000.

His wife Ms Akhtar said: “The figure was so long I nearly had a heart attack. Even car insurance for a Ferrari or a Lamborghini isn’t that much. When I first saw it, I didn’t know what to do.”

The insurance company has admitted to the mistake and offered a compensation of £50 for the blunder. A spokesperson for the company told Mr Irfan: “I have now investigated your complaint fully. I would like to apologise for any inconvenience or distress this may have caused you.”

So we now want to know, who here pays the biggest insurance premium?

Dave McLeodhttps://www.tarmaclife.co.nz
New Zealand motoring editor/journalist and published author. Besotted with cars and the experiences they give. I'm a family guy with a bark that's bigger than my bite and prefer football over rugby any day of any week.

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