Multi insurance home + car

I noticed that LV offer a combined policy for home and car insurance. Has anyone any experience of this or any comments whether this is a good idea? 

Comments

  • DullGreyGuy
    DullGreyGuy Posts: 10,390 Forumite
    First Post First Anniversary Name Dropper
    It's an ok idea but it harmonises all your renewal dates so if you pay in one lump sum rather than getting a loan and paying by instalments then it can be a bit of a hit that month. 

    The other challenge it creates is it's a fair amount of work to check if the premiums are reasonable each year because of them all being on the same date. Their hope is that its too much hassle and so you just renew... not as much of a problem as it used to be with the rules banning price walking (charging renewing customers more than new customers)
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