Aviva Home Insurance Price Rises.

Swordfish

Swordfish

Swordfish

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Anyone here with Aviva for Home Insurance (not buildings) ?

I've just checked my renewal and the price has risen by 31.10% despite another year of no claims with them. :mad:

They claim nothing more than (no pun intended) that quite simply - "their prices have gone up".

Anyone else had a jump like this?

Apparently this is across the board on home insurance.
 
You have to skip around suppliers to get a good deal on insurance, just like many other financial services. ISA interest rates drop after x years, new customers get the best deal on insurance, etc.

Rating sophistication is getting better so another possibility is that they have new risk mapping software or underwriting strategy that makes you a worse bet than they previously priced you. There could be loads of reasons.
 
They just don't want your business.

I managed to get mine about £50 cheaper than last year by moving provider and using Quidco for cashback (and with a proper insurance company, not one of these 3rd rate ones not worth the paper they are printed on).

Was 1/3rd the cost of what Aviva quoted me too.
 
ince said:
Try moving to a better area
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If you don't want to contribute seriously then don't troll the thread for the sake a post count.

Robbie G said:
You have to skip around suppliers to get a good deal on insurance, just like many other financial services. ISA interest rates drop after x years, new customers get the best deal on insurance, etc.

Rating sophistication is getting better so another possibility is that they have new risk mapping software or underwriting strategy that makes you a worse bet than they previously priced you. There could be loads of reasons.
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BDEE said:
They just don't want your business.

I managed to get mine about £50 cheaper than last year by moving provider and using Quidco for cashback (and with a proper insurance company, not one of these 3rd rate ones not worth the paper they are printed on).

Was 1/3rd the cost of what Aviva quoted me too.
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Cheers for that.

Done a few searches and found a lot of other companies cheaper. Need to check the fine print though :D. I have another insurance through More Than who have offered me 20% off any other insurance I take out so going give them a bell tomorrow.
 
Insurance renewals are rarely competitive. This is hardly noteworthy! My renewal for home, landlords, cars, etc, are every year consistently rubbish. I renewed car insurances this month, and the collective policy cost ended up down at nearly 50% of the renewal price.
 
"You would like some insurance sir? Sure, let me just put your details into our random number generator.....there you go £xxx.xx. But as you have probably heard from our adverts we are taking 20% off the prices that we arbitrarily cooked up giving you savings!"

Pfft
 
never just keep with the same insurer. they suck you in (fnaf fnar) with the initial price then whack it up every year.

last year my home insurance was with legal and general. the renewal came through hundreds more expensive. oddly i managed to go back with them via comparethemarket and got it about £70 cheaper and they were better price than anyone else.

same with car insurance. 10 mins on a comparison website can save you hundreds. mine is only £250 a year now im an old fart with 6 years NCD.
 
Jez said:
Insurance renewals are rarely competitive. This is hardly noteworthy! My renewal for home, landlords, cars, etc, are every year consistently rubbish. I renewed car insurances this month, and the collective policy cost ended up down at nearly 50% of the renewal price.
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Agreed but when I speak to them they will usually "look at the price again" and come up with something I'm happy with. This time it was a blanket "that's the price".
 
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I got £60 cashback with Legal & General too. Switching every 12 months and getting cashback is the only way to save a worthwhile amount. Forget haggling.
 
Russinating said:
I got £60 cashback with Legal & General too. Switching every 12 months and getting cashback is the only way to save a worthwhile amount. Forget haggling.
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Just off the phone with one of the "managers" who has promised to deal with my issues. Anyhoo she looked at everything and has got me a new deal which is cheaper than last year and cheaper than anything I have been quoted elsewhere.

It does pay to look around but it also pays to haggle.
 
Swordfish said:
Just off the phone with one of the "managers" who has promised to deal with my issues. Anyhoo she looked at everything and has got me a new deal which is cheaper than last year and cheaper than anything I have been quoted elsewhere.

It does pay to look around but it also pays to haggle.
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+1

like when they say they will match a price, dont actually tell them the other price see where they will go. if not go well under what you have been offered. sometimes they will say yes and you can save a wedge of cash
 
Aviva sent me an email the other day, saying they had tried to contact me because they wanted to offer me a great deal on private health insurance, i'm not sure how they know enough information to give me a reliable quote but apparently they do and they could offer me this medical insurance for only £176.94 a month - bargain! I think I pay about £100 a year in BIK for my medical insurance from work lol.
 
daver said:
Aviva sent me an email the other day, saying they had tried to contact me because they wanted to offer me a great deal on private health insurance, i'm not sure how they know enough information to give me a reliable quote but apparently they do and they could offer me this medical insurance for only £176.94 a month - bargain! I think I pay about £100 a year in BIK for my medical insurance from work lol.
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I had this after I ran a car insurance quote, I doubt they had much more info about my health from that other than age and dob:rolleyes:
 
My parents had an insurance renewal come up the other day from Barclays (I think it was), it worked out at about a 40% increase.

Unfortunately their house is in a flood area (their garden floods a bit every few years, but the house is still 4-6 foot higher), but it's the estate that was built across the stream from them that really screws them - it was built lower than their garden, below the level the stream reaches on average every 2 years...(I find it hard to believe no one involved in giving permission for that didn't get something out of it given it was well known as being a flood plain).

They tried to get some more quotes in from other insurers, but they couldn't do it online (all the online price comparison sites assume no flooding, and most of the insurance companies require you to ring direct if you're in a flood area, or have flooding on any part of the property), and of the companies they rang apparently none rang back with a quote (several stated they needed to contact the underwriters and would get back to them).
 
Flooding is a tricky one. The government is trying to force insurers to cover flood risks (without specifying premiums) but the insurance industry is pushing back hard.
 
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