In message , tim...
"Flop" wrote in message
news:[email protected] co.uk...
On 16/02/2017 20:51, Ian Jackson wrote:
I've just got my annual renewal quotation for my house buildings and
contents insurance. It's £400.
I have lived in this house for nearly 40 years, and have never made any
Although I appreciate the benefit of swapping insurance companies from
time to time, I rarely actually make the change. However, as £400 does
seem a bit OTT, I've started to get some online quotations - and I'm
surprised at how low they are. It looks like I can get something
adequate for as low as £120 - and with a few belt-and-braces extras,
it's still only typically £150. Even my present insurer only quotes £180.
Of course I realise that many of these new quotations will be
draw-you-in special offers, but even if I choose one in full knowledge
that I might get a bit of a shock on the first renewal, it would have to
be going some to be anything £400 (which will probably more like £440
So, although I've been with my present insurance company for 10 years,
so I'd like to know whether I should challenge them on the renewal price
(to see if they will come down to their online price), or should I
simply say "Let them stuff it", and move to a different company?
I had a renewal quote - say £350.
I checked with an online quote (like for like) and the same insurer
was offering £300.
So, I rang them up and said that "online I can pay £300. What can you
Their response was £275.
I suspect that there is a business model which says 'be ridiculous
and they will contact you. Your customer knows what you are like.
Give them the telephone number because if they don't do something
right now, they may forget and be stung for £350'.
didn't work for me
the best that they would offer was "free" emergency home repair cover,
which is actually about 50 quid if you pay for it
So I moved
Well, in the end, so did I.
The renewal (house buildings and contents) was £402 (Churchill), so I
spent a lot of time on the Meerkat website looking at alternatives. I
could have got something for £103, and the cover looked reasonably
adequate - but eventually I went for one for £140 (Legal & General).
However, I'll be keeping on next year's renewal price.
My car insurance is due next month, and if the past couple of years'
hikes are anything to go by, expect that I'll be asked for something
like £360 (fully comp, Churchill again). I'll probably go for one of the
Meerkat quotes for around £180 (RAC, who I used to be with until about
ten years ago).