This will save you loads so read

jonesMUFCforever

Matt nice try but I don't believe you - Troll alert.

mrs_scrooge

Surely the intention of this website is to save money by legal methods, loopholes etc not dishonesty? Its like the difference between tax avoidance (legal) and tax evasion (illegal).

A company may be big and profitable and follow policies you may not agree with but does make it OK to try and rip them off in return?

real1314

1. Tesco haven't lost money - they've gained it. They could have said "sorry, can't match that" but they CHOSE to match. Their choice. No fraud.

2. It could be argues that Tesco and other insurers are committing a dishonest act, and even deception by sending out inflated renewal prices. They can obviously provide the insurance for the price agreed with the OP, so asking for the higher price is just as dishonest, if not more dishonest that what the OP has done.

Seems to me they've been played at their own game, and they've probably still won, as the price agreed was acceptable.

webbo100

Well personally I wouldn't risk this.

Insurers will always scrutinise the details only in the event of a claim, finding any reason to invalidate the insurance. I have no doubt your records held by Tesco will detail the price match. I guess in the event of a claim they may investigate if the price match was true. Then invalidate the insurance stating it was obtained by providing false information.

bandraoi

webbo100 wrote: »

Well personally I wouldn't risk this.

Insurers will always scrutinise the details only in the event of a claim, finding any reason to invalidate the insurance. I have no doubt your records held by Tesco will detail the price match. I guess in the event of a claim they may investigate if the price match was true. Then invalidate the insurance stating it was obtained by providing false information.

What details though?
They price matched £638, a price that could have been provided verbally over the phone with no records left and no proof of the offer being made.

Tesco offered to insure the original person with characteristics XYZ (smoker/age/sex/occupation etc) at £1000.
The original person with the same (genuine) characteristics counter offered at £638 and Tesco accepted.

Telling a car salesman that the garage down the road said they'd sell you a similiar car for £200 less, can they do the same, isn't fraud it's bargaining.
The same can be said for what the OP did.
The origin

losgiganteskid

I can just visualise the letter you will get from Tesco following your vehicle theft claim

".....we agree to pay you the market value of your vehicle which we place at £800 less the £200 theft excess leaving you a net payment of £600, but we have identified that the Fred Fernackerpants Insurance Company would have paid you only £450 in similar circumstances less their higher excess of £300 leaving you with a net loss of £150 - our cheque is enclosed"

A price match = a claim match :beer:

FlameCloud

bandraoi wrote: »

What details though?
They price matched £638, a price that could have been provided verbally over the phone with no records left and no proof of the offer being made.

Tesco offered to insure the original person with characteristics XYZ (smoker/age/sex/occupation etc) at £1000.
The original person with the same (genuine) characteristics counter offered at £638 and Tesco accepted.

Telling a car salesman that the garage down the road said they'd sell you a similiar car for £200 less, can they do the same, isn't fraud it's bargaining.
The same can be said for what the OP did.
The origin

The call would have been recorded and it would have logged onto your policy.

It is not the same. You provided information that was false. There will be a section in the policy documents talking about providing false information to the insurance company. You therefore run the risk of having the policy invalidated should they bother to dig deeper.

bandraoi

FlameCloud wrote: »

The call would have been recorded and it would have logged onto your policy.

It is not the same. You provided information that was false. There will be a section in the policy documents talking about providing false information to the insurance company. You therefore run the risk of having the policy invalidated should they bother to dig deeper.

First they can't prove that you didn't get a quote from the other insurance company for £638. That call may not have been recorded, indeed the details of the quote may never have been recorded, heck they could have quoted you £1638 and you could have misheard and in good faith given the quote of £638 to Tesco.

At no point in your official insurance contract documents does it state that the insurance of £638 is based on the fact that somebody else has quoted you that amount. The other quote does not form part of your contract with Tesco.

real1314

Surely the insurer provided false information in writing to the OP whenh they said that his insurnace would cost over £1k to stay with them, when in fact they could do it for a lot less than that?

They went with a high bid, OP went with a counter bid. Insurer said "ok".

OP has no more deceived them than they have deceived the OP.

Exactly what this site is about - playing big business at it's own game - if they actually want to de-reward loyalty and trust in them, then they have to be prepared to take the consequences.

I'd love to see the insurer try to claim that the insurance was invalid as they had been "hoodwinked" by such a master criminal. That would make them look soooo professional - "ooh the nasty man twicked us". :rotfl:

airhostess

real1314 wrote: »

That would make them look soooo professional - "ooh the nasty man twicked us". :rotfl:

I love it!!!!!!