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How To Obtain A Cheaper Home Insurance Quote
By plrprousers | August 26, 2009
Have you ever used an insurance comparison website? I would guess that the majority of the readers of this article will have answered yes to this question. I have to say that I think they are fantastic. Why do I think this? Well because they have saved me a massive amount of money over the last few years and they are likely to continue to do so. In this article I will be describing about the way in which I use them.
Just before I continue I would like to make it clear that I am not an insurance salesman or a financial adviser. I actually run stuttering therapy courses here in the UK and I am also involved in a company that offers an affordable DVD authoring service.
I am going to write about a recent example of when I managed to save seventy pounds on my home insurance. I received the renewal notice in the post at the start of June for my buildings and contents insurance. The premium that they had quoted was a little higher than what I had paid last year, despite the fact that I had not made a claim.
I knew what I was going to do, in any case, whatever the premium had shown; I was going to put in my relevant details into one or two of the insurance comparison websites. I duly did this and low and behold there were three companies who were able to beat my renewal premium. The best quote was in fact £60 cheaper for the same cover.
This was not exactly a surprise to me as I have had similar successes on numerous previous occasions. Did I complete the application form for this lower premium? No. Why not? Well I decided to give my current insurer a chance to out bid them! I phoned them and said:
“I have received your home insurance renewal quote but have managed to obtain a better quote by using one of those comparison sites. It was substantially lower that the price that your company has quoted. I am phoning you as I would rather keep the insurance with your company as I have been very impressed with the level of customer service that I have received. Would you be able to match or beat their quote?”
Guess what? They did match it – how cool is that? That is what I call one heck of a result.
Now I have decided to instruct a firm of cost reduction consultants in a quest to save even more money.
Tags:buildings and contents insurance,home insurance,insurance comparison websites,renewal notice,renewal premiumRelated posts
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