British Gas Homecare - RENEWAL WARNING

Hi guys,

Haven't posted for such a long time but thought I should warn others about this BG rip off!

I've had Homecare for 20 years and always taken the renewal without even thinking about it (I always do a new quote for everything else so why not this!?). This year, on seeing the renewal price of £692.72 for Homecare Four I decided to look into it...

A new quote on the BG website £444 :cool: - straight on the phone to BG to stop the renewal and ask why? The operator could not explain and told me to cancel and take out a new policy which I have done saving me a MASSIVE £249.76 :j

BG should be ashamed of themselves for ripping loyal customers off! :mad::mad:
I haven't got one!
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Comments

  • RelievedSheff
    RelievedSheff Posts: 12,606 Forumite
    10,000 Posts Sixth Anniversary Name Dropper Photogenic
    What do you actually get for £444 a year?

    That sounds a lot of money!

    Would you not be better off putting that money in a rainy day/maintenance fund instead?
  • £444! I agree, that's a lot of money. I'd be looking at a very basic level of cover plus "self-insurance" rather than paying that.

    I'm afraid you're the victim of your own inertia. You've been subsidising new customer rates for years. Why not vote with your wallet and go somewhere else? I wouldn't be continuing to give my custom to a business I felt had ripped me off for years.
  • cheekymole
    cheekymole Posts: 3,417 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Believe me, I have used it plenty of times and more than got my money's worth over the years. It covers plumbing, electrics and heating, no call out charges etc and I like the knowledge that I can call them up and they'll come out and fix it without having to find someone local and reliable.

    I do understand where you're coming from though!
    I haven't got one!
  • Februarycat
    Februarycat Posts: 1,386 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    I cancelled mine last month but I always ring them up and see if they will reduce it or keep it the same, but this year they would not budge so I cancelled it. Did not realise you could take a new policy out again once you cancelled, I will have a look at the website.
  • Grenage
    Grenage Posts: 3,160 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My sister's had BG homecare for years; I've given up telling her to stick the money in a savings account.


    She's paid thousands, and they've bodged everything that's been touched.
  • ohreally
    ohreally Posts: 7,525 Forumite
    1,000 Posts Combo Breaker
    cheekymole wrote: »
    A new quote on the BG website £444 :cool: - straight on the phone to BG to stop the renewal and ask why? The operator could not explain and told me to cancel and take out a new policy which I have done saving me a MASSIVE £249.76 :j

    BG should be ashamed of themselves for ripping loyal customers off! :mad::mad:

    Why would you give an organisation that was content to rip you off, further ongoing business. Nuts.
    Don’t be a can’t, be a can.
  • cheekymole
    cheekymole Posts: 3,417 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ohreally wrote: »
    Why would you give an organisation that was content to rip you off, further ongoing business. Nuts.

    Because the service I've received from the engineers is second to none and as previously mentioned I like to know I'm covered in an emergency or a breakdown.
    I haven't got one!
  • With respect, you haven't been ripped off then. You've been happy to pay a price for a second-to-none service.
  • TELLIT01
    TELLIT01 Posts: 17,831 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper PPI Party Pooper
    ohreally wrote: »
    Why would you give an organisation that was content to rip you off, further ongoing business. Nuts.


    Sadly, treating long term customers like cash cows at best, is standard practice for insurance products. I don't agree with it, simply saying how it is.
  • TELLIT01
    TELLIT01 Posts: 17,831 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper PPI Party Pooper
    I've just checked and Homecare 4, with £60 excess is only £23.50 per month. As you also get a £75 gift card it seems a risk worth taking. You'd need to make 4 call outs a year for the zero excess to work out cheaper.
    The only thing I'd need to check is that they would still cover my boiler as it's about 10 years old.
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