Renewal with churchill

loulou41

I have been quoted £45 extra on my home insurance at £197. When I do it online it is much cheaper at £145. Shall I ring churchill and ask why it is gone up by that much? Thanks

adamc260

As it's been said many times on many different threads, you lose the 'new customer discount' and they generally claw the cost back at renewals

Quentin

loulou41 wrote: »

I have been quoted £45 extra on my home insurance at £197. When I do it online it is much cheaper at £145. Shall I ring churchill and ask why it is gone up by that much? Thanks

Why bother wasting time/money on phone calls.

If you like churchill why not just buy the policy that is £52 pounds cheaper than your renewal!

Even better buy it through a cashback site and you might get an extra £35 off via the cashback!

adamc260

Quentin wrote: »

Why bother wasting time/money on phone calls.

If you like churchill why not just buy the policy that is £52 pounds cheaper than your renewal!

Even better buy it through a cashback site and you might get an extra £10 off via the cashback!

Well generally you have to ring them to say 'I don't want to renew' so probably worth doing that in the same phone call

Churchill 0800 0329489 Renewals

Got the freephone number above from saynoto0870.com for you btw to save you having a nice big phone bill

Quentin

Churchill cancellations would be more appropriate! (0800 032 9488).

(Better to write a letter saying no renewal wanted, send it recorded delivery just in case they deny getting instructed)

deanos

Buy new poilcy through a cashback site as mentioned above then ring up and cancel existing one.

adamc260

Quentin wrote: »

Churchill cancellations would be more appropriate! (0800 032 9488).

(Better to write a letter saying no renewal wanted, send it recorded delivery just in case they deny getting instructed)

Being that renewals handle the renewal.... can't see how it would make much diff but ok

The_Watcher

Churchill quoted me a renewal cost of £203, which was an increase of £56 or about 38%. As such I checked on 2 comparison websites and accepted a quote of £125 from Swinton - which included a £30 cashback in a couple of months.

However, when I phoned Churchill to cancel they immediately reduced their original quote to £132 - a reduction of £71 and lower than my last year's figure of £147!

Do they just pull figures out of the air?

dunstonh

Do they just pull figures out of the air?

Sometimes the staff are given different levels to use their discretion to add in a discount. The level of discount will depend on how much market share or margin the "retailer" is looking is for. Profit and market share often do not go hand in hand.

mikey72

dunstonh wrote: »

Sometimes the staff are given different levels to use their discretion to add in a discount. The level of discount will depend on how much market share or margin the "retailer" is looking is for. Profit and market share often do not go hand in hand.

But you can bet they still make a profit on £132, just not as much as on £203, market share not withstanding.

dunstonh

mikey72 wrote: »

But you can bet they still make a profit on £132, just not as much as on £203, market share not withstanding.

Apart from the ones making year 1 losses.