Tuesday, May 25, 2004

INSURANCE - AXA HONG KONG - PART II

Told you this would be a long one...

The brokers have now said..."After lengthy negotiation with your motor insurers AXA General, they eventually agreed to make a concession to apply only 5% depreciation to your vehicle. They also advised that this case is being handled on special case basis and will not form any precedent in the future."

They started at 10% so at least there is some progress.