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Anyone paying Multiple insurances!!
archie1
Posts: 30 Forumite
I have just realised that I'm paying over £1200 per year on mobile phone insurance, car insurance and house insurance!!! Does anyone know whether there is any company who can amalgamate all these insurance to one company or one place so it can hopefully be cheaper?
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Comments
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What makes you think that amalgamating them would be cheaper (or better). In most areas of retail, combined products do tend to be easier but also lower in quality.
They are very different products so no reason to have one policy that captures all. Plus, most people do not waste their money on mobile phone insurance (which is effectively a cash cow for the sellers/insurers). Some distribution channels may give a discount if you have house or car with them.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Your mobiles may be covered under your home insurance.I have just realised that I'm paying over £1200 per year on mobile phone insurance, car insurance and house insurance!!! Does anyone know whether there is any company who can amalgamate all these insurance to one company or one place so it can hopefully be cheaper?
There are a few insurers who will combine home and car insurance but they tend to be aimed at the high net worth market - I doubt it would be cheaper.0
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