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NOT HAPPY... JUST GOT THE INSURANCE RENEWAL THROUGH
V8MoneyPit:
It's common practice. There are still many people who never bother checking for competitive quotes. It applies to all insurances, mortgages, credit cards, etc. Too many people still just keep paying up and the companies rake it in. If everyone shopped around, this practice would cease immediately.
I would almost guarantee if you rang them up and told them you were not happy with the quote and are considering going elsewhere, they would slash huge chunks off the figure.
The only time it is used for a good reason is if they no longer want a particular type of business (usually after a merger or takeover). They then quote high for the unwanted business. That way, they either get rid of it or get a stonking premium. Either way, they are happy.
crazymac:
I had the opposite this year.
Renewal came through £205.00 fully comp all mods listed.
decided to phone around just to see.............cheepest quote was over £400!! so phoned my current to take them up on the renewal and as I was paying in one go it was reduced to £186. I'm ok with that! its through MCE who advertise in LRO and the policy is with NIG.
JumboBeef:
Flux: 110 V8: £99 :D
bobtailed disco:
got on to sure turm 2day and they said the cheap quote was wrong so i said i wanted to cancle it....
An hr later the phone rings offering £100 off (i still said no)
After 4 more calls got it down too £330 :-)
so it pays to just sit and w8
Rob
hobbit:
I believe e-sure have a special going with Norwich Union, for 4x4, chopped a nice lump of my disco this year
scrub that its Sureterm Direct, worth giving them a try though
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