Huge renewal discount from Kwik Fit.

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andyfromotley
andyfromotley Posts: 2,038 Forumite
edited 9 October 2015 at 11:53AM in Insurance & life assurance
Hardly shocking but Kwik Fit jacked up my premium on house insurance renewal from £114 to £170.

Armed with a comparison website quote of £116 i rang to cancel. They reduced it instantly to £109, A rduction of about 35%.

Get in.
£1000 Emergency fund No90 £1000/1000
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
!

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  • charliewocka
    charliewocka Posts: 413 Forumite
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    On the other hand, I had my renewal quote from Allianz last month. Called them up and said I had quote from Direct Line for £xxx and could they do better. They said they can't move at all, not even a £! So, off to Direct Line I went! :D
  • densol_2
    densol_2 Posts: 1,189 Forumite
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    I'm from the side that says if I get a renewal and then they drop it instantly after being challenged - I go with the other company. Loyalty means nothing to these companies and if they tried to screw me on renewal - then they can kiss goodbye to my business
    Stuck on the carousel in Disneyland's Fantasyland :D

    I live under a bridge in England
    Been a member for ten years.
    Retired in 2015 ( ill health ) Actuary for legal services.
  • switch007
    switch007 Posts: 89 Forumite
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    Didn't you save only £5...? (£114 last year, £109 this year) Assuming almost identical circumstances/risk profile.

    Many, many insurance companies quote a rediculous figure on renewal just to see who will lazily pay it!
  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
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    switch007 wrote: »
    Didn't you save only £5...? (£114 last year, £109 this year) Assuming almost identical circumstances/risk profile.

    Many, many insurance companies quote a rediculous figure on renewal just to see who will lazily pay it!
    Yes and that's what I made the saving on. (don't pee on my bonfire TVM!)
    On top of which I got it cheaper than any of the comparison websites came up with, plus its a pretty skinny price for home insurance so I was hardly likely to get another £100 off. But thanks for your support.:money:
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
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    I always go through cashback sites for both home and car insurance every year.
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