Haggling over Premiums. And NO AUTOMATIC RENEWAL

[Roy124]

I am with the AA too. They sent me a renewal quote from my original insurer, Allianz at £613.66 up from £215 the year before. Now that is the insurance company idiocy. There is no way that an intelligent customer is going to pay almost 3 times what they paid before.

But the AA included a lower quote of £291 with Zurich. This contrasted with £215 from LV using a couple of comparison sites. I renegotiated with the AA and they got the Zurich quote down to £239 which I am happy with as the conditions are slightly better than LV.

The only thing to do is negotiate every renewal. Doesn't the industry realise that the 'renwal industry' is a cost drain on their profits?

Then I was asked if I wanted to have automatic renewal or not. I opted in but can still change my mind next year.

 

[Roy124]

I shall carry on looking for value as the cheapest is useless if it doesn't help when you most need it.

Digressing I know, but I had the least expensive couple annual holiday insurance for Europe at £97. We had to cancel our holiday with a month to go due to illness. Apart from having to assemble all the paperwork they refunded accommodation deposit and UK car parking ( a previous claim with a different company did not cover car parking) with no quibble and just a £10 excess each.

Inexpensive does not always mean cheap.