Renewing Insurance - Thank You

Pippah45 replied on 01/11/2016 11:39

Posted on 01/11/2016 11:39

I can't find the orginal thread/s about questioning my caravan insurance renewal but anyway - it's that time of year for me.  My renewal notice has been sitting there waiting for me to get round to doing the deed.  Last year I went on a comparison site and got so hassled by one of the lowest quoters that I didn't go with and ended up renewing with the 3 Cs.   I decided to just call the insurers direct this year but they called me first - and asked if I was going to renew so I asked for their best price.....  a few minutes later when they had agreed my caravan is a year older (!) - and taken into account the new mover - my renewal dropped by around £40 - so I am happy - thanks to all those who made the suggestion!  I do query it often - but even more now CT offers such useful advice. THANK YOU!   Wink

Wildwood replied on 13/11/2016 19:33

Posted on 13/11/2016 19:33

My household insurance wasn't with the club. As far as I'm concerned any company that increase the premium for existing customers to exceed that offered to new customers by 60% is treating the existing customer with contempt. It's not as if the incentive to take out the cover was a £10 M&S voucher. It was a difference in premium of over £120

The idea of the discount is to get new customers on the books and similar tactics are used by many companies in other businesses. The problem is it completley misses the point that the customera it attracts most are those who are most likely to move each year and a rise at renewal of that size which wil be nearer to the true premium is likely to put the rest off. The whole thing is out of hand.

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