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Halifax Ultimate Home Insurance - DON'T AutoRenew!!!

I got a bit of a shock when i saw a massive increase in my renewal premium for Halifax Ultimate Home Insurance, well in excess of £900.  I went online to Halifax and got the same Utlimate Home Insurance with increased coverage AND emergency cover for £575.  It's a bit outrageous that these insurance companies still rely on people auto-renewing to rip them off!

Comments

  • rs65
    rs65 Posts: 5,682 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    I got a bit of a shock when i saw a massive increase in my renewal premium for Halifax Ultimate Home Insurance, well in excess of £900.  I went online to Halifax and got the same Utlimate Home Insurance with increased coverage AND emergency cover for £575.  It's a bit outrageous that these insurance companies still rely on people auto-renewing to rip them off!
    Hope you were outraged enough to take your business elsewhere
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    All of the Lloyds stable have introduced a new home insurance policy but unless you ask for it you get the old style policy such as what happened to the OP.
    I am also wondering if the OP had an introductory offer last year as a new customer - and if so it would be expected that the premium would increase this year - as long as you always shop around you won't lose out.
  • csgohan4
    csgohan4 Posts: 10,602 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 13 May 2020 at 10:58AM
    Loyalty doesn't pay, there's a reason why I handle my parent's utilities/insurance matters for them. They were paying bucket loads for auto renewing and not haggling.  Home insurance was over 600 pounds, moved to another insurer and was 5 times cheaper, shocking tbh, and they weren't originally with a premium insurer like hiscox either. 
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • veramayho
    veramayho Posts: 5 Forumite
    First Post
    OH no I will have to look at mine and change it as I've just left it to renew on its own. 
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