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Help! Little insurance dilema!

lynsayjane
lynsayjane Posts: 3,547 Forumite
Part of the Furniture Combo Breaker Xmas Saver!
in Debt-free wannabe
Evening guys, hope you are all well?

I'm having one of those days when I just cannot make a decision! My home insurance isup for renewal. Tesco who I'm currently with want just short of £240 for monthly dd for the year.

I've had a look at confused.com who recommended elephant.co.uk for £160 the year (can't remember if there was a charge for paying by dd like with tesco but was going to pay outright and save the dd).

Tonight I've looked at quidco and can get insurance through natwest for £207 the year (£17 by dd, no extra charge) and get £120 back. This seems like the best deal but I do know I'm getting too much cover as they wouldn't let me drop it (they have a minimum amount) adn the other problem is that their stats aren't great. 20% queries on their cashback and two months wiating for it.

What do you guys think, is it worth paying the little extra or taking a risk and try for cheaper. Also what are these companies like as insurers? Hoping not to need to contact them until next years renewal but would like to know I could quite easily if I needed to.

Thanks in advance.
«1

Comments

  • ZTD
    ZTD Posts: 24,327 Forumite
    Which insurance is this: Buildings or contents?
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."     OMD 'Julia's Song'
  • lynsayjane
    lynsayjane Posts: 3,547 Forumite
    Part of the Furniture Combo Breaker Xmas Saver!
    ZTD wrote: »
    Which insurance is this: Buildings or contents?

    buildings AND contents
  • ZTD
    ZTD Posts: 24,327 Forumite
    lynsayjane wrote: »
    buildings AND contents

    Have you thought of splitting them?
    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."     OMD 'Julia's Song'
  • lynsayjane
    lynsayjane Posts: 3,547 Forumite
    Part of the Furniture Combo Breaker Xmas Saver!
    No I've not and if it wasn't due tomorrow I'd maybe look into it, but tonight the effort is beyond me.

    Thanks for the help anyway.

    Will go for the quidco/natwest one. It'll save nearly £10 a month and I'll get £120 cashback on top of that which means it'll avarage at less than £100 for the year.
  • In_Search_Of_Me
    In_Search_Of_Me Posts: 10,634 Forumite
    there you go then, decision made....
    Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.

  • mrsspendalot
    mrsspendalot Posts: 3,238 Forumite
    I got mine through Lloyds TSB and it was £120 cashback, which didn't track. I filed an enquiry and got the money so I wouldn't worry too much about the stats.
    Olympic Countdown Challenge #145 ~ DFW Nerd #389 ~ Debt Free Date: [STRIKE]December 2015[/STRIKE] September 2015

    :j BabySpendalot arrived 26/6/11 :j
  • System
    System Posts: 178,423 Community Admin
    10,000 Posts Photogenic Name Dropper
    Go for the £120 back and live dangerously.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • lynsayjane
    lynsayjane Posts: 3,547 Forumite
    Part of the Furniture Combo Breaker Xmas Saver!
    lennymfo wrote: »
    Go for the £120 back and live dangerously.

    just did, cheers guys
  • LookingAhead
    LookingAhead Posts: 4,633 Forumite
    Oh d'oh I only saw this thread! :doh:

    (I feel really unhelpful now! Sorry!)

    For what it's worth I would have said go for the Natwest one and if it doesn't track then file a query and it'd probably be OK in the end.

    Let us know if it tracks - I am all curious now! :)
    Bank Balance: In the black for the moment.
    Sainsburys Loan: Cleared July 2010
    Credit cards: AMEX Airmiles Card: direct debit set to clear balance monthly
  • lisa_martin_2
    lisa_martin_2 Posts: 440 Forumite
    Too late I know, but I went with Natwest house contents insurance and im in my 3rd month waitingfor the "tracking" my inquiery has been heard and im now at "waiting to send" status, it looks like I will hear in 30 days after the information has been sent.

    Bad news eh? sorry :(

    Lisa
    :p
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