Premium lowering ploy by insurance companies

hansi

Not for the first time has this happened to me. When my house insurance came up for renewal, I had already bought cover with NU via Topcashback. My insurer at that time (AIG) didn't contact me regarding my renewal until about 2 weeks priorto the end of the policy, and when they did, the premium was far in excess of what I had paid NU. (And I had the cashback). AIG then cane up with "with, maybe we can reduce your premium" which was too late anyaway. This happened again today when I requested a car insurance quote. I got the quote by email with a message saying "please ring xxxxxxxxxxxxx to see if we can reduce your premium. Why the hell can't they offer the reduced premium in the first place. I know, it's called "marketing":mad::mad:!!!!

dacouch

AIG the company that are thought to be one of the main companies to contribute to the credit crunch and were bailed out by the US Government to the tune of $85b which is 85 with a serious amount of zeros after it