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Insurance renewal fiasco (annual fun and games)

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snipez999
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Insurance renewal fiasco (annual fun and games)

Post by snipez999 » Mon Jun 11, 2012 9:15 am

Forgot to renew my insurance (BMW Insurance) before I went on hols.  Renewal quote was 989.  Phoned them on return and had to be a brand new quote (customer loyalty? pfffff).  New quote 2030.  Had to pay as was not at home and needed to drive car.  Checked online today and More Than did a very similar package for 730 quid.  Suffice to say BMW policy cancelled and spleen suitably vented about the 100%+ increase in premium/lack of flexibility for long standing customer (7 years with them). 
I get the same thing every year with the home insurance too; where the renewal quote they give me is much larger than the online quote I can get for the self same cover, self same insurer.  Again, I just cancel existing policy and buy [again] online.  Grrrrr!!!
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Rusty
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Re: Insurance renewal fiasco (annual fun and games)

Post by Rusty » Mon Jun 11, 2012 9:30 am

Or renewal this year from direct line was actually cheaper than last year :o

Not sure why insurance companies nowadays do the whole price hike thing to loyal customers only to discount when you question it as I'm sure 99% of these people do the whole comparison thing. I suppose those who don't check pay the bonuses >:(

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