Quotedevil.ie Review

After careful evaluation of Quotedevil.ie, We give it a Trust Score of 0.5 out of 5 stars.

This low score is a direct reflection of the fundamental issues inherent in the services it provides—namely, conventional insurance and life/mortgage protection, which involve elements of Riba interest and Gharar excessive uncertainty. From an ethical standpoint, particularly within an Islamic framework, such financial instruments are problematic due to their underlying mechanisms that contradict principles of fairness, transparency, and risk-sharing.

While the website itself appears functional and offers various insurance types, the nature of these products themselves makes them inherently unsuitable for those seeking to adhere to ethical financial practices.

Overall Review Summary for Quotedevil.ie:

• Service Category: Financial Services Conventional Insurance & Protection
• Ethical Compliance Islamic Perspective: Extremely Low due to Riba and Gharar
• Website Functionality: Appears operational and user-friendly.
• Information Clarity: Provides detailed information on various insurance types.
• Customer Testimonials: Features positive customer feedback on service.
• Trust Score Ethical/Islamic Lens: 0.5/5.0 Stars
• Recommendation: Not recommended for individuals seeking Sharia-compliant financial solutions.

Quotedevil.ie positions itself as an online insurance broker, offering a wide array of conventional insurance products in Ireland, ranging from car and home insurance to travel, pet, gadget, business, income protection, and life/mortgage insurance.

The platform highlights its commitment to finding “best priced insurance cover” and boasts “tens of thousands of policy holders,” with operations commencing in 2009 for home insurance and 2010 for car insurance.

The site emphasizes its efficient online quoting and purchasing process, claiming users can get quotes and buy policies in just a few minutes.

Customer testimonials prominently featured on the homepage praise the company’s “excellent customer service” and professional handling of inquiries.

They even provide tips on how to reduce policy costs, such as building a no-claims discount, comparing quotes, accurately valuing vehicles, increasing excess, adding another driver, paying in one go, and having a proper car security system.

While these operational aspects might seem positive from a purely secular business perspective, they gloss over the critical ethical concerns that arise from the very nature of conventional insurance.

The core issue with services like those offered by Quotedevil.ie, when viewed through an Islamic ethical lens, lies in the presence of Riba interest and Gharar excessive uncertainty. Conventional insurance policies often involve an element of Riba, either explicitly in how premiums are invested or implicitly in the calculation of payouts and administrative fees.

Furthermore, the concept of Gharar is central to the conventional insurance model.

Policyholders pay premiums for an uncertain future event, and the compensation received or not received is also contingent on that uncertainty.

While a certain degree of uncertainty is unavoidable in life, Islamic finance principles seek to minimize excessive or speculative uncertainty that could lead to unfair gains or losses for either party.

This fundamental structure distinguishes conventional insurance from Takaful, the Islamic alternative, which operates on principles of mutual cooperation, risk-sharing, and transparent, Sharia-compliant investments.

In Takaful, participants contribute to a common fund, and claims are paid out from this fund, with any surplus typically distributed among participants or carried forward.

This structure avoids Riba and Gharar by transforming the transaction from a speculative exchange into a cooperative venture.

Therefore, despite the apparent convenience and customer-focused approach of Quotedevil.ie, the underlying nature of its offerings makes it incompatible with Islamic financial ethics, leading to a strong recommendation against its use for those committed to Sharia-compliant practices. It’s not just about what’s on the surface.

It’s about the fundamental mechanics of the financial product itself.

Best Alternatives for Ethical Financial Protection Non-Insurance:

Since conventional insurance, as offered by Quotedevil.ie, contains elements of Riba and Gharar, it is generally not permissible in Islam.

Instead of seeking “alternatives” within the conventional insurance market, the focus should shift to Sharia-compliant risk-sharing models and direct financial planning.

Takaful is the Islamic alternative to conventional insurance.

1. Takaful Providers General Search

   

   • Key Features: Operates on principles of mutual cooperation and risk-sharing. Participants contribute to a common fund, and claims are paid from this fund. Surpluses are often distributed back to participants. Avoids Riba interest and Gharar excessive uncertainty.
   • Average Price: Varies based on the specific Takaful product e.g., family Takaful, general Takaful and the level of coverage. Contributions are typically similar to conventional premiums but structured differently.
   • Pros: Sharia-compliant, promotes mutual support, transparent operations.
   • Cons: Availability may be limited in some regions compared to conventional insurance, product offerings might be less diverse initially.

2. Halal Savings and Investment Accounts

   • Key Features: These accounts are designed to generate returns without involving Riba. Funds are invested in Sharia-compliant businesses and assets. Can serve as a form of self-insurance or emergency fund.
   • Average Price: No direct “price,” but returns might vary depending on market conditions and the underlying investments.
   • Pros: Fully Sharia-compliant, promotes financial discipline, can grow wealth ethically.
   • Cons: Requires active management of funds for specific needs e.g., medical emergencies, car repairs, may not provide immediate large-scale coverage like insurance.

3. Emergency Funds General Financial Planning

   • Key Features: Building a substantial personal savings fund specifically for unforeseen circumstances like job loss, medical emergencies, or car repairs. This is a proactive measure to mitigate financial risk.
   • Average Price: The “cost” is the discipline required to save regularly. Benefits come from avoiding debt and having financial security.
   • Pros: Complete control over funds, no external charges or interest, builds strong financial habits.
   • Cons: Takes time to build a sufficiently large fund, might not cover catastrophic losses immediately.

4. Zakat and Sadaqah Charitable Giving

   • Key Features: While not a direct “product,” regular payment of Zakat and Sadaqah contributes to a societal safety net. These acts of charity can indirectly provide support to those in need, aligning with the spirit of mutual support that insurance aims to provide.
   • Average Price: Zakat is a mandatory annual payment of a percentage of one’s wealth. Sadaqah is voluntary charity.
   • Pros: Spiritual benefits, contributes to social welfare, reinforces community solidarity.
   • Cons: Not a direct risk-mitigation tool for the individual’s specific assets. more of a broad community support system.

5. Islamic Wills and Estate Planning

   • Key Features: Preparing a legally sound and Sharia-compliant will Wasiyyah ensures that assets are distributed according to Islamic inheritance laws, providing financial security for heirs and preventing disputes.
   • Average Price: Cost of legal services or online will preparation tools.
   • Pros: Ensures assets are distributed justly, provides peace of mind, avoids family conflicts.
   • Cons: Does not cover unforeseen events or asset protection during one’s lifetime, but ensures proper transfer after demise.

6. Community Mutual Aid Funds Grassroots Initiatives

   • Key Features: These are often local or community-based initiatives where members contribute to a shared fund that can be drawn upon in times of need e.g., medical bills, disaster relief. They operate on a cooperative, non-profit basis.
   • Average Price: Contributions vary. based on community agreements.
   • Pros: Direct community support, fosters solidarity, often flexible and responsive to specific needs.
   • Cons: May be limited in scope, less formalized than Takaful, availability depends on local community organization.

7. Ethical Investment Platforms Sharia-Compliant Portfolios

   • Key Features: Investing in portfolios that avoid industries like alcohol, gambling, conventional finance Riba, and entertainment, and instead focus on ethical businesses. These can help build long-term wealth, which can then serve as a financial buffer against unforeseen circumstances.
   • Average Price: Investment fees and management charges vary by platform.
   • Pros: Ethical wealth growth, diversification, potential for higher returns than savings accounts.
   • Cons: Involves market risk, not immediate liquidity for emergencies unless structured as a cash equivalent.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on our research and information provided by the company. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Quotedevil.ie: A Deep Dive into Conventional Insurance Practices

Quotedevil.ie presents itself as a robust online platform for a myriad of insurance needs, from the ubiquitous car and home insurance to more niche offerings like convicted driver and gadget insurance.

The very foundation of conventional insurance, including what Quotedevil.ie provides, is built upon concepts that introduce Riba interest and Gharar excessive uncertainty, which are impermissible in Islamic finance. This isn’t a minor detail.

It’s a fundamental conflict that makes the entire suite of services problematic for a Muslim consumer.

While the website excels in usability and appears to have a strong customer service focus, its offerings are ethically compromised from a Sharia perspective.

Quotedevil.ie Review & First Look: A Detailed Ethical Examination

A surface-level glance at Quotedevil.ie reveals a well-structured, user-friendly website. Pry.com Reviews

It’s designed for efficiency, promising quick quotes and easy policy purchases.

But for the discerning consumer, particularly one adhering to Islamic financial ethics, this initial impression needs to be peeled back to expose the underlying mechanisms.

• Initial User Experience:

  • The website navigation is intuitive, with clear categories for various insurance types.
  • The “Get a Quote” buttons are prominently displayed, guiding users efficiently.
  • Ethical Lens: While convenient, the ease of access to non-compliant products doesn’t mitigate their fundamental issues.

• Transparency of Offerings:

  • Quotedevil.ie lists a comprehensive range of insurance products: Car, Home, Van, Travel, Convicted Driver, Young Driver, Non-Standard Home, Pet, Gadget, Business, Income Protection, and Life/Mortgage.
  • Ethical Lens: This comprehensive list highlights the breadth of conventional insurance. Each of these categories, when structured conventionally, involves elements of Riba and Gharar, making them unsuitable. For instance, Life/Mortgage insurance often involves interest-based investments and uncertain payouts that are forbidden.

• Customer Testimonials and Trust Signals: Tutanota.com Reviews

  • The homepage features numerous positive testimonials, praising customer service and efficiency. This aims to build trust with potential clients.
  • Ethical Lens: While positive customer experiences are valuable in general business, they don’t validate the permissibility of the financial instruments themselves. A service can be excellent in its operations yet offer products that are ethically non-compliant.

• Company History and Claims:

  • Launched in 2009 for home insurance, expanding to car insurance in 2010, Quotedevil.ie claims “tens of thousands of policy holders.” They emphasize their role as “low cost insurance brokers.”
  • Ethical Lens: Longevity and market penetration are standard business metrics, but they don’t provide an ethical seal of approval. The pursuit of “low cost” in conventional insurance often means optimizing interest-based returns or risk calculations, which remains problematic.

• Tips to Reduce Policy Cost:

  • The site offers practical advice like building a no-claims discount, comparing quotes, accurately valuing vehicles, increasing excess, adding another driver, paying in one go, and having a proper car security system.
  • Ethical Lens: These tips are standard industry practices. While saving money is generally good, applying these tips to an ethically non-compliant product doesn’t change its underlying permissibility. It’s like trying to make haram food cheaper. it’s still haram.

Quotedevil.ie Pros & Cons: A Balancing Act of Convenience vs. Compliance

When evaluating Quotedevil.ie, it’s crucial to separate operational efficiency from ethical compliance.

From a secular business viewpoint, there are clear advantages, but from an Islamic ethical perspective, the cons heavily outweigh any perceived pros.

• Operational Advantages Secular Perspective: Resumaker.ai Review

  • Convenient Online Process: Users can get quotes and purchase policies quickly online, saving time and effort. This aligns with modern digital consumer expectations.
  • Broad Range of Products: The extensive list of insurance types means a single platform can cater to various needs, from personal vehicles to business assets and life protection. This simplifies the shopping experience for many.
  • Customer Service Focus: Testimonials indicate a strong emphasis on helpful and efficient customer support, which is a significant factor in client retention and satisfaction.
  • Competitive Pricing Claims: The assertion of being “low cost insurance brokers” suggests an effort to provide economically attractive options to consumers.
  • Established Presence: Operating since 2009, Quotedevil.ie has built a history and a substantial client base, indicating a degree of stability and market acceptance in Ireland.

• Ethical Disadvantages Islamic Perspective – The Overwhelming Cons:

  • Involvement of Riba Interest: Conventional insurance, by its very nature, often involves interest. Insurance companies invest premiums, and the returns generated typically involve interest-based transactions. Even if not explicitly stated, the financial models rely on interest.
    • Statistic: According to a 2022 report by the Islamic Financial Services Board IFSB, the global Takaful industry reached approximately $49.3 billion in contributions in 2021, showing a clear demand for Riba-free alternatives.
  • Presence of Gharar Excessive Uncertainty: Conventional insurance is a contract of exchange involving excessive uncertainty. The policyholder pays a premium, but whether they receive a payout, and how much, is uncertain. This speculative element is forbidden in Islamic contracts.
    • Academic Insight: Dr. Monzer Kahf, a prominent scholar in Islamic economics, emphasizes that “Gharar in contracts makes them voidable in Islamic law if the Gharar is excessive and leads to dispute.”
  • Lack of Mutual Cooperation Ta’awun: Unlike Takaful, conventional insurance does not primarily operate on the principle of mutual cooperation where participants contribute to a common fund and share risks. Instead, it’s a commercial transaction where the insurer sells risk protection for a profit.
  • Investment in Impermissible Activities: Insurance companies typically invest their large pools of premiums in conventional financial markets, which may include industries or instruments like bonds that are not Sharia-compliant.
  • Life/Mortgage Protection Concerns: These products are particularly problematic due to their long-term, interest-heavy nature, often involving an element of gambling on life expectancy and future events.
  • No Sharia-Compliance Certifications: The website makes no mention of adherence to Islamic finance principles or Sharia boards, which is a standard for ethical Islamic financial products.

In essence, while Quotedevil.ie might be a convenient and efficient platform for conventional insurance, its fundamental business model conflicts with Islamic ethical guidelines, making it unsuitable for Muslims seeking Sharia-compliant financial solutions.

The “pros” relate purely to secular business efficiency, while the “cons” highlight the deep-seated ethical incompatibility.

Does Quotedevil.ie Work? Understanding its Operational Model But with Ethical Caveats

From a purely operational standpoint, Quotedevil.ie appears to “work” in the sense that it processes quotes, facilitates policy purchases, and manages customer inquiries as a conventional insurance broker.

The question of “does it work” can be interpreted in two ways: does the website function, and do the services fulfill their intended purpose? Filecr.com Reviews

• Website Functionality and User Flow:

  • Seamless Quote Generation: The site is designed to allow users to input details and receive quotes for various insurance types quickly. This mechanism is central to its operational efficiency.
  • Policy Purchase Process: Once a quote is accepted, the platform guides users through the steps to finalize the policy purchase, including payment gateways.
  • Customer Account Management: Existing customers can access policy documents, renew policies, and retrieve past quotes through a “My Account” section, indicating a functional post-purchase service.
  • Contact and Support Channels: Phone and email contacts are clearly visible, suggesting active customer support channels.

• Service Fulfillment Conventional Perspective:

  • Risk Transfer: The core function of conventional insurance is to transfer financial risk from the policyholder to the insurer in exchange for premiums. Quotedevil.ie, by acting as a broker for various insurers, facilitates this transfer.
  • Claim Processing: While Quotedevil.ie is a broker, the underlying insurers they partner with would be responsible for processing claims, and the expectation is that legitimate claims would be honored according to policy terms.
  • Meeting Market Demand: The existence of “tens of thousands of policy holders” suggests that Quotedevil.ie effectively meets the demand for conventional insurance products in the Irish market.
  • Statistical Context: The global insurance market was valued at over $6.3 trillion in 2022. Quotedevil.ie participates in a well-established and large industry, indicating that the general model “works” for a vast majority of consumers who do not prioritize Islamic financial compliance.

• Ethical Interpretation of “Does it Work?”:

  • Does it work Ethically Islamic perspective? No. Despite its operational efficiency, Quotedevil.ie’s model, being based on conventional insurance, inherently contains Riba and Gharar. Therefore, from an Islamic ethical standpoint, it does not “work” as a permissible financial solution. Engaging with these services, even if operationally smooth, would be against Islamic financial principles.
  • Fundamental Flaw: The very essence of the product — the exchange of a fixed premium for an uncertain payout, and the investment of premiums in interest-bearing instruments — means that while the operational mechanics are sound, the ethical foundation is not. It’s critical to understand that operational efficiency does not equate to ethical permissibility.

Is Quotedevil.ie Legit? Unpacking Authenticity vs. Ethical Standing

The question of whether Quotedevil.ie is “legit” usually pertains to its authenticity, operational integrity, and legality.

Based on available information, Quotedevil.ie appears to be a legitimate, registered business operating within the legal framework of Ireland. Buybotpro.com Reviews

However, legitimacy in a secular legal sense does not equate to ethical legitimacy from an Islamic perspective.

• Legal & Operational Legitimacy:

  • Registered Business: The WHOIS data for quotedevil.ie clearly shows “Quote Devil Limited” as the registrant, indicating a formally registered entity. The creation date of 2006-12-04 further demonstrates its long-standing presence.
  • Registrar Information: The domain is registered through Myhost.ie, a known registrar, and provides standard contact information for abuse, suggesting proper registration and accountability.
  • Public Contact Information: The website prominently displays a phone number and email for contact, reinforcing its transparency and accessibility as a legitimate business.
  • Online Presence & History: The detailed homepage, customer testimonials, and stated operational history since 2009 all point to an established, active company rather than a fly-by-night operation.
  • No Blacklisting: The domain report confirms that quotedevil.ie is “Not Blacklisted,” which is a positive indicator against common spam or fraud lists.
  • DNS Records: The presence of valid A, NS, and MX records suggests a properly configured and hosted website, crucial for online operations.

• Regulatory Compliance Implicit:

  • As an insurance broker operating in Ireland, Quotedevil.ie would be subject to regulation by the Central Bank of Ireland. While the website doesn’t explicitly state its regulatory details on the homepage, a legitimate broker must be authorized to operate.
  • Industry Standards: The general structure and offerings align with common practices for insurance brokers in regulated markets, further supporting its legitimacy in a conventional sense.

• Ethical Legitimacy Islamic Perspective: No.

  • While Quotedevil.ie is legally legitimate and operationally sound, its core offerings—conventional insurance products—are ethically problematic due to Riba and Gharar.
  • The Discrepancy: This creates a critical distinction: something can be perfectly legal and legitimate in the eyes of the law and conventional business, yet be ethically non-compliant from an Islamic viewpoint. For a Muslim, this ethical non-compliance trumps secular legitimacy.
  • Analogy: Consider a legally operating casino. It is legitimate in a secular sense, but gambling itself is forbidden in Islam. Similarly, conventional insurance is legitimate in a secular market but falls foul of Islamic principles.

In conclusion, Quotedevil.ie is undeniably a legitimate company operating within the Irish insurance brokerage sector. Zinc.com Reviews

However, for those guided by Islamic financial ethics, this legitimacy does not translate into permissibility.

Is Quotedevil.ie a Scam? Addressing Fraud Concerns and Reinforcing Ethical Issues

The domain report indicates that Quotedevil.ie is “Not Blacklisted,” and its long operational history since 2006 for domain registration, 2009 for business operations strongly suggests it is not a scam in the conventional sense of being a fraudulent scheme designed to defraud users.

Scams typically involve deception, fake services, or non-delivery of promised goods/services.

Quotedevil.ie appears to be a real company offering real, albeit ethically problematic, services.

• Indicators Against Scam Accusations: Paligo.net Review

  • Established Presence: Over a decade of operation is a strong indicator against being a scam. Scams rarely last that long and build a public presence with testimonials and detailed service offerings.
  • Clear Contact Information: Providing direct phone numbers and emails [email protected] offers avenues for accountability, which scammers usually avoid.
  • Formal Registration: The WHOIS data showing “Quote Devil Limited” as a registered entity confirms its legal standing.
  • Positive Customer Feedback: While subjective, a consistent stream of positive customer testimonials, even if curated, indicates that many customers are receiving the services they paid for. Scams generate overwhelmingly negative feedback regarding non-delivery or fraud.
  • Operational Website: The website is fully functional, with quote engines, policy retrieval, and renewal options, reflecting a genuine service platform.

• Why It’s Not a “Scam” in the Fraudulent Sense:

  • Quotedevil.ie acts as an intermediary, connecting customers with various insurance providers. Their business model is transparent in that regard. They are not selling fake policies or collecting money without providing the service.
  • Any issues experienced by customers would likely relate to policy terms, claims processing by the underlying insurer, or general customer service, rather than outright fraud by Quotedevil.ie itself.

• The Ethical “Scam” Not a Fraudulent One:

  • While not a scam in the legal sense, from an Islamic ethical perspective, engaging in transactions that involve Riba and Gharar can be seen as undermining one’s spiritual and financial well-being.
  • It’s not about deception by Quotedevil.ie, but rather about the inherent nature of conventional insurance being contrary to Islamic principles. For a Muslim, unknowingly participating in such transactions, or participating knowingly despite the prohibitions, leads to consequences that are ethically undesirable, even if legally permissible in secular law.
  • Clarification: It’s crucial to differentiate between a “scam” fraudulent activity and a “prohibited transaction” an activity that is forbidden for ethical/religious reasons, even if legally sanctioned. Quotedevil.ie falls into the latter category for Muslims.

Therefore, while Quotedevil.ie is not a fraudulent scam, it represents a category of financial services that is not permissible within an Islamic framework due to fundamental ethical considerations.

How to Navigate Quotedevil.ie: A Guide for Informed Decisions and Avoidance

For someone who understands the ethical implications, the primary navigation strategy for Quotedevil.ie involves an informed decision to avoid its core services. However, if one were to browse the site for informational purposes or to understand conventional insurance models, the following points would be relevant.

• Understanding the Site Layout: Oxfordhormoneclinic.com Review & First Look

  • Main Navigation: Clearly laid out links for “Car Insurance,” “Home Insurance,” “Van Insurance,” “Travel Insurance,” etc., under “Get a Quote On…” This allows quick access to specific product lines.
  • Existing Customer Section: Links for “My Account,” “Policy Documents,” and “Renew My Policy” cater to existing clients.
  • Informational Pages: “What Makes Quote Devil Stand Out From The Rest?” and “How To Reduce The Cost Of Your Policy” provide insights into their value proposition and practical advice.

• Simulating a Quote for informational purposes only:

  • Clicking on any “Get a Quote” button would initiate a step-by-step process requiring personal details, vehicle information, property details, etc.
  • Data Collection: Be mindful that providing personal data, even for a quote, means sharing information with a company offering non-compliant services.
  • Terms and Conditions: Even if not proceeding with a purchase, it’s prudent to review the terms and conditions and privacy policy to understand data usage.

• Exploring “My Account” and Policy Management:

  • For existing customers, this section allows access to details of their active or past policies. This might be relevant if one is transitioning away from conventional insurance and needs to retrieve documentation.
  • Renewal Process: The “Renew My Policy” link would guide users through the process of extending existing coverage.

• Contacting Customer Service:

  • The phone number “01 254 1300” and email contact avenues are available for direct inquiries.
  • Purpose of Contact: If contact is necessary e.g., to inquire about cancelling an existing, legacy policy, clearly state the purpose.

• Strategic Avoidance for Muslims:

  • The most direct way to “navigate” Quotedevil.ie for a Muslim is to recognize its offerings as non-compliant and seek alternatives from the outset.
  • Instead of seeking quotes, actively search for Takaful providers or focus on building robust, Sharia-compliant personal savings and community support networks.
  • Educate Others: Use the information gleaned from understanding conventional models to explain why Takaful and ethical financial planning are superior alternatives. Share knowledge about Riba and Gharar to help others make informed decisions.
  • Resource Utilization: Utilize reliable Islamic finance platforms and scholars for guidance on permissible financial transactions.

In summary, while Quotedevil.ie offers a straightforward user experience for its conventional insurance products, the informed Muslim consumer will navigate it with the understanding that its core services are to be avoided due to fundamental ethical conflicts. Scandinavianoutdoor.com Review

The best way to “use” Quotedevil.ie, for a Muslim, is to understand its nature and then pivot to Sharia-compliant solutions.

Quotedevil.ie Pricing: Understanding the Cost of Non-Compliance

Quotedevil.ie, as an insurance broker, doesn’t have a singular “pricing” structure like a product.

Instead, its pricing refers to the premiums quoted by the various insurers it partners with.

The website highlights its aim to provide “low-cost insurance brokers” and offers tips on how to reduce policy premiums.

• Premium Determination: Revicedenim.com Reviews

  • Risk Assessment: Insurance premiums are primarily determined by a complex risk assessment based on various factors:
    • For Car Insurance: Driver’s age, experience, claims history, type of vehicle, security features, location, annual mileage.
    • For Home Insurance: Property value, construction type, location, security measures, claims history, contents value.
    • For Travel Insurance: Destination, duration, traveler’s age, pre-existing medical conditions, activities planned e.g., winter sports.
  • Insurer Comparison: Quotedevil.ie’s value proposition is to compare prices from “Ireland’s top insurers” to find a competitive policy. This implies that the premium can vary significantly based on the chosen insurer and their underwriting criteria.
  • Online Discounts: The mention of a “€40 online discount” for car insurance indicates that digital channels might offer cost savings.

• Factors Influencing Premiums as highlighted by Quotedevil.ie:

  • No Claims Discount: Accumulating years without making a claim significantly reduces premiums. Data from the Irish market consistently shows that drivers with 5+ years no claims can save 50% or more on their premiums.
  • Accurate Valuation: Over or undervaluation of assets can lead to incorrect premiums.
  • Increasing Excess: Choosing a higher voluntary excess the amount you pay towards a claim can lower the premium, as it reduces the insurer’s potential payout.
  • Adding Another Driver: Sometimes, adding a more experienced driver to a young driver’s policy can reduce the overall risk and premium.
  • Paying in One Go: Paying the annual premium upfront rather than in installments often avoids interest charges or administration fees associated with monthly payments.
  • Car Security System: Installing approved security features alarms, immobilizers reduces theft risk, leading to lower premiums.

• The “Cost” of Non-Compliance Islamic Perspective:

  • Spiritual Cost: From an Islamic perspective, the “price” of engaging with conventional insurance isn’t just the monetary premium. it’s the spiritual cost of participating in transactions that involve Riba interest and Gharar excessive uncertainty, both of which are prohibited. This spiritual burden is far more significant than any perceived monetary savings.
  • Ethical Compromise: Opting for conventional insurance, even if cheaper, means compromising on deeply held ethical and religious principles.
  • Alternative Investment: The money spent on conventional premiums could be allocated to Sharia-compliant savings, investments, or contributions to Takaful schemes, which align with ethical guidelines and often offer more transparent and cooperative models.
  • Real-world impact: Studies by institutions like the World Bank and the Islamic Development Bank consistently highlight the potential for ethical finance to contribute to stable and equitable economic systems, indirectly pointing to the negative societal impacts of interest-based systems.

While Quotedevil.ie aims to provide competitive monetary prices for insurance, the ethical cost for a Muslim is substantial, making any “savings” negligible compared to the spiritual implications.

Quotedevil.ie FAQ

What is Quotedevil.ie?

Quotedevil.ie is an online insurance broker based in Ireland that offers a wide range of conventional insurance products, including car, home, van, travel, pet, gadget, business, income protection, and life/mortgage insurance.

It aims to help customers find competitive quotes from various insurers. Roomz.asia Review

Is Quotedevil.ie Sharia-compliant?

No, Quotedevil.ie is not Sharia-compliant.

Its offerings are based on conventional insurance models that typically involve Riba interest and Gharar excessive uncertainty, both of which are impermissible in Islamic finance.

What types of insurance does Quotedevil.ie offer?

Quotedevil.ie offers a broad spectrum of conventional insurance types, including Car Insurance, Home Insurance, Van Insurance, Travel Insurance, Convicted Driver Insurance, Young Driver Insurance, Non-Standard Home Insurance, Pet Insurance, Gadget Insurance, Business Insurance, Income Protection, and Life/Mortgage Protection.

How long has Quotedevil.ie been operating?

Quotedevil.ie, under the registered entity Quote Devil Limited, has been operating since 2009 for home insurance and expanded to car insurance in 2010. Its domain name was created in 2006.

How does Quotedevil.ie claim to help reduce policy costs?

Quotedevil.ie provides tips to reduce premiums, such as building a No Claims Discount, comparing quotes, accurately valuing vehicles, increasing excess, adding another driver, paying insurance in one go, and having a proper car security system. Flightgift.com Reviews

Can I get a quick quote on Quotedevil.ie?

Yes, Quotedevil.ie emphasizes its ability to provide quick quotes online for various insurance products, often within minutes, as part of its user-friendly platform design.

Does Quotedevil.ie have good customer service?

Based on customer testimonials featured on its homepage, Quotedevil.ie appears to have a strong focus on customer service, with many clients praising their efficiency, kindness, and professionalism.

What are the main ethical concerns with Quotedevil.ie’s services for Muslims?

The main ethical concerns for Muslims are the involvement of Riba interest in the investment of premiums and the presence of Gharar excessive uncertainty in the insurance contract, both of which are forbidden in Islamic financial transactions.

Is Quotedevil.ie a scam website?

No, Quotedevil.ie does not appear to be a scam website.

It is a legitimate, registered business with a long operational history and clear contact information, providing real conventional insurance brokerage services. Bercert.com Reviews

What are the Islamic alternatives to conventional insurance offered by Quotedevil.ie?

The primary Islamic alternative is Takaful, a cooperative risk-sharing system.

Other alternatives include building robust halal savings/emergency funds, community mutual aid funds, and relying on ethical investment strategies.

Does Quotedevil.ie offer any Sharia-compliant products?

No, the information on Quotedevil.ie’s homepage does not indicate any offerings or certifications related to Sharia-compliant financial products like Takaful.

Can I retrieve my policy documents on Quotedevil.ie?

Yes, existing customers can typically access and retrieve their policy documents through the “My Account” section on the Quotedevil.ie website.

How do I renew my policy with Quotedevil.ie?

Quotedevil.ie provides a “Renew My Policy” link on its website, allowing existing customers to process their policy renewals online. Tdactiveholidays.com Reviews

Does Quotedevil.ie handle claims directly?

Quotedevil.ie acts as an insurance broker, meaning it facilitates the purchase of policies from various insurers.

Claims would typically be handled by the specific underlying insurance provider whose policy you purchased through Quotedevil.ie.

What is the purpose of the “LEARN MORE” links on Quotedevil.ie?

The “LEARN MORE” links on Quotedevil.ie direct users to pages with more detailed information, such as “Why Quote Devil” explaining their unique selling points and “How To Reduce The Cost Of Your Policy.”

Is Quotedevil.ie regulated?

As an insurance broker operating in Ireland, Quotedevil.ie would be subject to regulation by the Central Bank of Ireland, as all legitimate financial service providers in the country are.

What is the “€40 online discount” mentioned for car insurance?

The “€40 online discount” is an incentive offered by Quotedevil.ie for customers who get a car insurance quote and potentially purchase a policy online through their platform. Dormy.com Reviews

Are there any contact options for Quotedevil.ie customer support?

Yes, Quotedevil.ie prominently displays a phone number 01 254 1300 and an email option for customer inquiries and support.

Does Quotedevil.ie offer business insurance?

Yes, Quotedevil.ie lists Business Insurance among its range of offerings, catering to the insurance needs of commercial entities.

What is the risk of using conventional insurance like that offered by Quotedevil.ie, from an Islamic standpoint?

The risk, from an Islamic standpoint, is primarily spiritual and ethical, as it involves participating in transactions Riba and Gharar that are forbidden, potentially leading to sin and a lack of blessings in one’s wealth.