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Hodders

Hodders

Hodders

Soldato
Joined
18 Oct 2002
Posts
5,376
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Riding my bike
Sorry but just HOW?

No claims, no significant changes, no local flooding, no local crime changes yet.....

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Mine did the same.

Did panic a little to start with, but soon found a better deal than them and got decent cashback.

The company may be slimming down a little.
 
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Standard practice for insurance these days. They send you a ridiculous renewal, hope you're too lazy to shop elsewhere and let it auto-renew.

Just go online and get some new quotes.
 
julianhj said:
You no longer match their target customer profile I suspect, so they've given you a 'go away' price.
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That's my guess - got another quote for £808 so that seems reasonable.

Was wondering if it had anything to do with paying off our mortgage this year?
 
Hagar said:
I must be a poor relation but pay £240ish each year. Three bed semi in Leafy Cheshire
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I think it depends a lot on the degree of coverage and the provider, entirely subjective. I could get decent cover for my place for around £300, but pay much more than that with M&S for their Premier policy which has no limit on contents, and fully covers our large collection of high value camera kit, my bikes and includes cover away from home.
 
One insurance company I follow spent almost 2 years pricing people so they wouldn't renew in an area that was becoming very fire prone. Meant they missed very large pay-outs which may have bankrupted them being a relatively small company.
 
They should have just gone down the route of, we cannot renew the policy.

Although if you did renew at that price then potentially they would have won
 
bimbleuk said:
One insurance company I follow spent almost 2 years pricing people so they wouldn't renew in an area that was becoming very fire prone. Meant they missed very large pay-outs which may have bankrupted them being a relatively small company.
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Very dry forest? Succession of failing local businesses? Sectarian arson attacks?
 
My home insurance is up for renewal and the company I'm currently with has quoted £210, a saving of £5 over last year.

I checked comparison sites and the cheapest I can find is about £250 for the same cover so will let it automatically renew with my current insurer, this is the first time in 5 years I've remained with the same provider for home insurance.

@Hodders even at £808, you either live in a high crime area (I doubt it), you have a big house or you are going with all bells and whistles included?
 
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EGuitarStar said:
My home insurance is up for renewal and the company I'm currently with has quoted £210, a saving of £5 over last year.

I checked comparison sites and the cheapest I can find is about £250 for the same cover so will let it automatically renew with my current insurer, this is the first time in 5 years I've remained with the same provider for home insurance.

@Hodders even at £808, you either live in a high crime area (I doubt it), you have a big house or you are going with all bells and whistles included?
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It's a sleepy village in Wiltshire so about as low crime as you get.

The issue is that some of the houses in the same postcode flooded (ground water levels - not river) about 5 years ago. They are all lower than and our house has never even been close to flooding in 200 years.

Plus it's a conservation area so rebuild would be pricey.

The quote I have was also for contents, buildings and accidental damage on both.

I talked to the original insurer and their quote was based on their system showing we had 7 bathrooms. When that dropped to 3 the wire came down from 3k+ to 850 but by that time I'd gone with Admiral at 780.
 
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