NFU home and lifestyle renewal help

DawnCBUk

Hey All,

I recieved my yearly quote from the NFU for home and contents insurance. I've been with them forever and knock on wood never had a claim. It's now gone up to £243! I used tons of comparision websites and swiftcover is the "cheapest" premium @ 185 ish but doesn't cover for hardly any of the "extras" that the NFU does. (sewage pipe breaking, legal cover, home accident,credit cards getting stolen etc)

Using defacto I've seen that the NFU comes up with a 5 star rating based on the sheer amount of stuff that's included even in the basic insurance. I've compared the same cover at about 10 of the other 5 star rated insurance and all come up at about £50 MORE than NFU.

I called the NFU and they don't "match" competitors and rely on being named #1 by which and defacto for car and home insurance based on sheer breadth of policy and service. (they are renowned for great service) and being super fast payers. (jeeze this is sounding like a plug for them and it's not supposed to be :mad:).

Anyway.... My question is do people think it's worthwhile to spend the extra £100 to be insured for all the extras with my existing provider. Or better to risk going with the cheapy and self insure?

Ta muchly!

Dawn

dacouch

Definately avoid Swiftcover as they are at the opposite end of the scale to NFU.

How about considering keeping the NFU cover but increasing your excess slightly, you the get the benefit of the NFU policy but with the hint of self insuring.

P.S The Swiftcover premium will increase next year as they offer cheap premiums for the first year

dunstonh

It's now gone up to £243!

Which is very competitive

My question is do people think it's worthwhile to spend the extra £100 to be insured for all the extras with my existing provider. Or better to risk going with the cheapy and self insure?

Ask yourself that question if and when you have a claimable event. Only you can decide if pennies saved now will be worth the cost later...if you have a claim.

gilbert_and_sullivan

My building/contents insurance with NFU was fixed via a 5 year agreement, is that still on offer?

Having had claims with them in both motor and contents policies (lightning damage) i'd be very reluctant to leave them, the peace of mind of fair and honourable dealings in the event of a claim is worth the little extra.

All insurance companies have no problem banking your money, it's when they need to pay out that you find out if you chose wisely.

adamc260

I'm sorry, you can't even begin to compare NFU Mutual to Swiftcover. You've said yourself that the policy is extremely comprehensive. Your home is the most expensive thing you own, are you really (and no offense to them) prepared to let Swiftcover (who barely cover anything) be the ones to rebuild your home if something were to go wrong. Yes you might save a few quid but theres a reason for that

Swiftcover = 3*
NFU Mutual = 5* / Number one recommended provider by Which Magazine

Any company that claims they can give you a quote in 60 seconds about something worth thousands of pounds makes me question if they really know enough about what your wanting to insure.

Break it down like this

It's £58 extra
£4.83 a month
£1.11 a week
£0.15 a day

Doesn't sound so much anymore for a huge difference in cover does it?

adamc260

gilbert_and_sullivan wrote: »

My building/contents insurance with NFU was fixed via a 5 year agreement, is that still on offer?

It's called a 'Long term undertaking' and yes its still on offer.

dacouch

Any guesses who someone left Admiral to go and work for

adamc260

dacouch wrote: »

Any guesses who someone left Admiral to go and work for

That may be the case, but it's quite easy to talk about a product thats good than big one up that isnt. All I've actually done is agree with what the op has said.. so the customer has told everyone how good a company they are? thanks for your input though Dacouch