Home / Arts and Entertainment / Corrie Star's Financial Woes Deepen with £7,000 Car Insurance
Corrie Star's Financial Woes Deepen with £7,000 Car Insurance
24 Mar
Summary
- Actor faces exorbitant car insurance quotes, one as high as £7,000 annually.
- Gregson is repaying a significant £250,000 loan from his production firm.
- The actor may be forced to sell his home to settle outstanding debts.
Actor Simon Gregson, known for his role as Steve McDonald on Coronation Street, is facing continued financial setbacks. He is currently repaying a £250,000 loan taken from his production firm.
Most recently, Gregson expressed dismay over extremely high insurance quotes for his son's 2010 VW Polo, with one quote reaching £7,000 per year and another £4,000. He questioned the affordability, noting the insurance cost exceeds the car's value.
Further financial pressure comes from reports suggesting Gregson may have to sell his home. He has reportedly repaid £18,000 over the past year towards his loan, with liquidators advising that the outstanding balance must be settled from property sales within 36 months.
Gregson also recently clarified reports about his marital status, attributing confusion surrounding his wife Emma Gleave being referred to as 'estranged' in court documents to a 'court paper error,' stating they remain together.
