Car & Home Insurance: Save £100s using QuidCo !

UncleMike987

Okay, big disclaimer before I start:
I don't work for QuidCo, I'm not related, and I'm not getting a penny for writing this article. Nothing.

But... QuidCo is the website that has saved me the most money over the past year, and I can't believe Martin Lewis' site isn't recommending it left, right and centre.

The idea is simple: when you use QuidCo, you receive a small-percentage of cashback on anything you buy from the major retailers (Tesco, HMV, John Lewis, and pretty much everyone else).

Basically, these stores pay QuidCo a small percentage of commission on anything you buy via their link, and QuidCo pays it back to you.

Lovely.

BUT... on high commission sales, like Home and Car Insurance, you typically get a load of cashback.

For example, my fully-comp car insurance last year was with Prudential. The quote was for £220. This is how much I paid, but.. because I went to their site via the Prudential link on the QuidCo website, two months later, I got £110 of cold hard cash back again.

I've just paid £110 for a year's fully comp insurance.

I'll say it again.. There's no tricks involved here.. QuidCo basically gets a load of commission for your sale, and they give it back to you.

The same goes for Home Insurance. I used Monster to find the lowest quote, but then bought the insurance via the QuidCo link. Again, I got the same cover from the insurer I wanted to go with, but got £80 of cash back again.


I know... I know... this sounds like a "get rich quick... this can't be true" idea, but it's recommended in the Sunday Times, it has thousands of users, and it just works.

And I just don't understand why sites like this don't have QuidCo up in flashing lights on every page about insurance.


We all have to buy insurance. We usually shop around for the best deal, but these quotes are generally the same if you go direct to the insurer's website, ring them up, or so on.

QuidCo is the only site which still charges you the same, still gives you the insurance from your insurer's website, but gives you cold hard cash back.


Oh, one other tip (even if you plan on ignoring my QuidCo recommendation).

Never ever stay with the same car insurance company for more than one year. From my experience, they nearly all play the numbers game, and hope existing customers will just let them Direct-Debit the following year's premium without shopping around.

Two years ago, my car insurer offered me a "loyalty" discount of a year's free breakdown cover if I stayed with them. However, I re-entered my details on their website, and their quote was £70 less than their renewal quote. That "free" breakdown cover was about to cost me £70.

Always shop around.


Michael Gledhill
Bristol, UK

klaatu

I've just got a quote from Screentrade via Quidco, and the quote is £111. Apparently I get £120 cashback for going via Quidco. Can this be right?

morg_monster

Uncle Mike I think you'll find if you look around plenty of people of MSE have been using Quidco for ages and are big fans - many have their earnings in their sigs. Martin does promote it in his cashback article and there are various Quidco-dedicated threads on the forum. I love quidco too!

Stageshoot

My Insurance was £137 from the Pru via Quidco,

£100 cashback went to my account yesterday,

SO 1 Years fully comp car insurance for £37 what more can I say!!

shymanuk

you can get upto £175 back on barclays house insurance £125 through quidco and a cash back cheque of£50 by entering a code,

Smithmeister

Sorry to hijack this topic. have joined Quidco after reading the great reviews from people changing insurance suppliers. Went from Barclays to Direct line for my B&C. Direct line will pay me £100 but when and how do i know that it will be paid? Being the first time i've did this i'm a little unsure of how the system works. Hopefully a kind moneysaver will keep me right,cheers.

lisyloo

Direct line will pay me £100 but when and how do i know that it will be paid?

Login to quidco and one of the options on top top above "All Merchants" is "earnings".
Click on earnings.
There are then 3 tab - transactions, payments and enquiries.
It should automatically take you to transactions and hopefully May 2007 or June 2007 are listed.
Click on the month and it should have your transaction with a status.

It does take a while to get cashback sometimes but provided it's "tracked" or "validated" and the amount is correct then you should be OK.

Smithmeister

Thanks lisyloo :beer: it's always daunting the 1st time!!!

harpersmith

shymanuk wrote: »

you can get upto £175 back on barclays house insurance £125 through quidco and a cash back cheque of£50 by entering a code,

Hi can anyone tell me what the code is to get £50 cash back on barclays home insurance.

W1zz

Just got quotes for my house insurance (contents + buildings + accidental damage) with Direct Line and Barclays.

Barclays £305 :eek: less £125 quidco and £50 code (whatever that is) = £130
Direct Line £178 less £100 quidco cashback = £78 :T

Jonjulie

Just a word of caution for anyone using quidco for car insurance with the Prudential, looking at comments on site they seem hard to get tracked, i discovered this myself on taking a policy earlier, still not tracked ,but early days yet.