|
|
 |
Author |
|
| Message | |
|
Treacodactyl
Downsizer Moderator
Joined: 28 Oct 2004
Posts: 19569
Location: In the pond with the frogs
|
 Posted: Wed Sep 24, 08 10:28 am Post subject: |
 
|
I quite agree although it seems many, if not most, of the companies do it. |
|
|
|
 |
Behemoth
Joined: 01 Dec 2004
Posts: 14639
Location: Leeds
|
| Posted: Wed Sep 24, 08 1:27 pm Post subject: |
|
I've got similar re my mortgage - the suggested course of action is I remortgage current home to do up future home at advertised interest rates. I'm then given a 'special' telephone number to secure my current 'advantageous' rate. I can then 'port' my mortgage to the new house and get an interest rate at the market rate and go through the process again. I was less than enthusiastic about entering into a deal that would be changed to my benefit only after I had signed at a worse rate. it all seems a bit nudge nudge wink wink. |
|
|
|
|
vegplot
Joined: 19 Apr 2007
Posts: 11043
|
| Posted: Wed Sep 24, 08 1:32 pm Post subject: |
|
I'm very wary of household insurance considering that our insurance didn't cover us specifically for the items we had stolen. The policy was vague enough to give us the impression we were covered when we weren't. I would check very thoroughly that you are covered for what you think you're covered for. |
|
|
|
|
bernie-woman
Joined: 28 Oct 2004
Posts: 7753
Location: shropshire
|
| Posted: Wed Sep 24, 08 3:04 pm Post subject: |
|
| Jonnyboy wrote: |
| Treacodactyl wrote: |
| Jonnyboy wrote: |
| I'm about to do that with my current home insurers, but I won't be renewing with them for that principle. |
I don't have principles!  Seriously, I prefer to keep the same insurer for buildings insurance in case I need to make a claim. That way they can't say it was a previous problem etc and they've got all my history. |
There is that, I'm just getting a bit sick of them trying to rip me off. Even the letter suggests that ringing them will get me a better quote, so why not ******* offer it in the first place?  |
Excetly my sentiments with the co-op who could not explain why the renewal quote they had sent us was £43.00 more expensive than the quote stated on confused.com - they told me we could cancel ours and take the lower quote with them -
On principle I have gone with someone else whiich luckily have quoted even cheaper  |
|
|
|
|
Northern_Lad
Joined: 13 Dec 2004
Posts: 14092
Location: Somewhere
|
| Posted: Wed Sep 24, 08 3:21 pm Post subject: |
|
| bernie-woman wrote: |
| ... £43.00 more expensive than the quote stated on confused.com - ... |
I was looking at car insurance recently. I filled out exactly the same details on AA on confuddled.con; the AA price was about £200 cheaper. |
|
|
|
|
cab
Joined: 01 Nov 2004
Posts: 30115
|
| Posted: Wed Sep 24, 08 4:42 pm Post subject: |
|
Seems to me that I get a good deal each year for our insurance, but that does require that I actuall shop around and make a few phone calls. It always strikes me as reprehensible that unless you do so and threaten to move to a new company, you can bet you won't get the best deal out of your existing company. |
|
|
|
|
samsdad
Joined: 14 Nov 2008
Posts: 9
|
| Posted: Fri Nov 14, 08 8:52 pm Post subject: |
|
Use a cashback site when you renew your insurance. Cashback sites split the commission they receive from an insurer with their members. My contents ins cost me £12.50 net after cashback last year. |
|
|
|
|
Treacodactyl
Downsizer Moderator
Joined: 28 Oct 2004
Posts: 19569
Location: In the pond with the frogs
|
| Posted: Sat Nov 15, 08 9:31 am Post subject: |
|
I don't think all companies use those sites though. For me Direct Line seems to offer the best value and were fine when I claimed; they don't use the comparison sites and I'm not sure they use the cashback sites. |
|
|
|
|
samsdad
Joined: 14 Nov 2008
Posts: 9
|
| Posted: Sat Nov 15, 08 1:15 pm Post subject: |
|
| Treacodactyl wrote: |
| I don't think all companies use those sites though. For me Direct Line seems to offer the best value and were fine when I claimed; they don't use the comparison sites and I'm not sure they use the cashback sites. |
Direct Line will not pay commission to third parties which is why they are not on cashback sites. Many are though; for example last year I paid £35 net of cashback for comprehensive insurance for my Nissan Primera, including Green Flag cover, from Prudential. This year wasn't quite as good: £96 net of cashback/incentive through More Than. That's still a third of the price I used to pay with Direct Line. |
|
|
|
|
Treacodactyl
Downsizer Moderator
Joined: 28 Oct 2004
Posts: 19569
Location: In the pond with the frogs
|
| Posted: Sat Nov 15, 08 1:29 pm Post subject: |
|
£35 for a fully comp insurance policy and breakdown cover? Unless I knew why that was so cheap I'd be a bit concerned.
Of course you can always get quotes from direct insurers as well as the various comparison/cashback sites as prices tend to vary a fair bit. |
|
|
|
|
samsdad
Joined: 14 Nov 2008
Posts: 9
|
| Posted: Sat Nov 15, 08 1:58 pm Post subject: |
|
| Treacodactyl wrote: |
| £35 for a fully comp insurance policy and breakdown cover? Unless I knew why that was so cheap I'd be a bit concerned. |
The full premium was £165 but I got cashback of £130. It was an outrageous deal though; because it was Prudential I had no qualms. |
|
|
|
|
BahamaMama
Joined: 21 Sep 2006
Posts: 1573
Location: Away with the fairies
|
| Posted: Tue Nov 25, 08 5:02 pm Post subject: |
|
| Jonnyboy wrote: |
| Treacodactyl wrote: |
| Jonnyboy wrote: |
| I'm about to do that with my current home insurers, but I won't be renewing with them for that principle. |
I don't have principles! Seriously, I prefer to keep the same insurer for buildings insurance in case I need to make a claim. That way they can't say it was a previous problem etc and they've got all my history. |
There is that, I'm just getting a bit sick of them trying to rip me off. Even the letter suggests that ringing them will get me a better quote, so why not ******* offer it in the first place? |
I have just done the same, the home insurance renewal came through and looked very expensive so I had a look on the internet and without too much trouble came up with a quote that was less than half of my insurers figure. I have been with the same insurer for as long as I have been in my house and like Treac, prefer to have my history on file. I called to complain that they seemed very expensive and to their credit were very keen to see if they could do better, they looked at my file and my history and determined that I was a loyal customer (14 years) and for them a good customer as I have only made two small claims in that time, immediately they dropped the price by £200. I was stunned and asked how they could do that, the lady explained that the renewal quotes are autogenerated, by calling in, she could check my history and loyalty and apply certain discounts. Not bad for a single call, but I still feel ripped off. Surely it would be better business to retain existing loyal customers than try to attract new ones with discounts  I still have not decided what to do..... |
|
|
|
|
Treacodactyl
Downsizer Moderator
Joined: 28 Oct 2004
Posts: 19569
Location: In the pond with the frogs
|
| Posted: Thu Sep 17, 09 7:35 am Post subject: |
|
Same thing again this year and although the same company will give me over £100 off it's still much cheaper online as they now allege they can only offer 40% discount on the phone. Not sure if keeping the same policy running (the house has a bit of history so I'd like to do that) is worth £35.  |
|
|
|
|
lettucewoman
Joined: 26 Sep 2006
Posts: 5322
Location: Tiptoe in the Forest!!
|
| Posted: Thu Sep 17, 09 4:06 pm Post subject: |
|
I looked around for insurance for the car for the first time this tyear...usually take whatever performance direct offers as they come up with a cheaper quote from a different company every year., so I thought they were doing the legwork for me..imagine my surprise when they came up on a price comparison site almost half as much again cheaper  ...I rang them and they gave me some story about internet rates...in the end I found better and cheaper insurance with Diva who are a branch of Swintons..who have an office in the local town so I can pop in if i need to.
It was a hassle...a lot of these comparison sites quote you one price, then it changes almost as you look at it! Worth it in the end though....got full business as well as domestic cover for lots less |
|
|
|
|
ninat
Joined: 01 Feb 2009
Posts: 200
Location: Highlands
|
| Posted: Mon Sep 21, 09 1:47 pm Post subject: |
|
We're with Direct line for the car,and this year the premium went up hugely.
When I phoned them to query why, especially since we have been with them for the last 6 years I was put through to the "Loalty Team" who dropped the price massively especially when I said I was thinking of going elswhere. As the saying goes "it's the sqeaky gate that gets oiled" |
|
|
|
|
|
View Latest Posts