We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
MSE News: Axa to include previous year's premium in insurance renewals
Options
Former_MSE_Paloma
Posts: 531 Forumite
Axa's announced its renewal notices will include how much customers paid for insurance premiums in the previous year ...
Read the full story:
Axa to include previous year's premium in insurance renewals
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
Axa to include previous year's premium in insurance renewals
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
0
Comments
-
Good on them, unfortunately the majority of the market will only follow when forced by either market forces or regulation0
-
Don't see the point. Last year's premium is irrelevant. Whether it's up or down you need to shop around. If you really want to know just look at last year's documents.Changing the world, one sarcastic comment at a time.0
-
Excuse me, but isn't last year's premium on the renewal or policy document from last year?If you fold it in half, will an Audi A4 fit in a Citroen C5?
0 -
There's no point seeing what the price was a year ago. The better thing to check is how much the competition are charging this year.0
-
are people's memories that bad they can not remember a year ago ?0
-
My contents insurance is due at the end of the month. As I pay it off in one lump sum, I had to go onto last year's bank transactions to see how much I paid. Knew the rough figure give/take £3.
I paid £48.56 and wanted to charge £59.62 for this year! Got this year's insurance for £45.32This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Excuse me, but isn't last year's premium on the renewal or policy document from last year?
Many of us change our insurance providers each year. As Martin says loyalty doesn't pay for cheaper insurance.
Only time I stayed with the same insurer for 2 years running was when I worked for one employee and we got 25-30% discount if we bought any insurance with a particular insurer. I did go through the price comparison websites, DL and Aviva each time.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
I'd be more interested if they displayed more information about the "no claims discount", and the premium you would have paid if you didn't have any ncd, because I have never believed they actually apply the percentage discount they claim to.0
-
I'd be more interested if they displayed more information about the "no claims discount", and the premium you would have paid if you didn't have any ncd, because I have never believed they actually apply the percentage discount they claim to.
Who's claiming a percentage?
Its been a long time since I've seen anyone clarify what the percentages are and the criteria to qualify for them. Even marketing messages are always "up to" which just means some must be able to get that but not necessarily you if you're only 25 or drive a sports car etc.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards