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Barclays £50 insurance offer
copperdog
Posts: 10 Forumite
This is most definitely not what it seems. I called them for a quote after they had advertised they would guarantee to beat your renewal quote or drop their price and give you £50 (as long as you take their insurance of course).
Their quote was nearly double what I was already paying and I thought "Yippee, bring on the £50". But as usual, there's no such thing as a free lunch. They would give me the £50 but their price drop was a mere £1 off their quote price. So even taking their policy and getting the £50 I was still £40 a year better off staying where I was. Bit of a con methinks. For cheap home and contents insurance try Halifax Bank of Scotland. I haven't found anyone else comes near to their quotes.
CD
Their quote was nearly double what I was already paying and I thought "Yippee, bring on the £50". But as usual, there's no such thing as a free lunch. They would give me the £50 but their price drop was a mere £1 off their quote price. So even taking their policy and getting the £50 I was still £40 a year better off staying where I was. Bit of a con methinks. For cheap home and contents insurance try Halifax Bank of Scotland. I haven't found anyone else comes near to their quotes.
CD
0
Comments
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i think you may have miss understood, i had a call from them saying they would beat my policy buy £1 each month.
i was paying £12.83 a month now i only pay £11.83 plus the £50 because they could not beat what i was paying.:beer: LOVE LIFE PROCEED & PROGRESS0 -
Copperdog, I have to agree that they has been a misunderstanding somewhere. I got my renewal from Churchill for £257. Rang round a few others but couldn't get it cheaper than Churchills or near for that matter!
Anyway rang Barclays, they quoted £370 so I told them my renewal is £257, they dropped there price to £256 plus send them my renewal letter from Churchill and they send me a chq for £50. Me = one happy NEW customer of Barclays.0 -
I think that the cheapest online house insurance is Norwich Union Direct. I have a current policy wth them and pay £25 / month with all the bells and whistles (accidental cover + legal+ seperate cover for an expensive watch), I just did a requote today and it is down to £20.52, so I called cancelled my current policy (ends in Apr 06) and started again with a new one!
They are also very good at prce matching and beating, I am am pretty comfortable being with a 'well known household name', I do not have any experience of what they are like with claims.
Pete0 -
Does anyone know whether you have to take buildings and contents for them to price match or will they price match buildings or contents separately? I ask as my policies are not with the same insurers and if they can be done separately, I can get them to price match my buildings then go elsewhere for another price match for contents (or go through quidco/other cashback site).
Many thanks
Anon0 -
Anon wrote:Does anyone know whether you have to take buildings and contents for them to price match or will they price match buildings or contents separately? I ask as my policies are not with the same insurers and if they can be done separately, I can get them to price match my buildings then go elsewhere for another price match for contents (or go through quidco/other cashback site).
Many thanks
Anon
you can have one or the other but sometimes it works out cheaper to have both together.0 -
peterg1965 wrote:I think that the cheapest online house insurance is Norwich Union Direct. I have a current policy wth them and pay £25 / month with all the bells and whistles (accidental cover + legal+ seperate cover for an expensive watch), I just did a requote today and it is down to £20.52, so I called cancelled my current policy (ends in Apr 06) and started again with a new one!
They are also very good at prce matching and beating, I am am pretty comfortable being with a 'well known household name', I do not have any experience of what they are like with claims.
Pete
I am with Norwich Union at the moment too. However, the Barclays quote is only £25 more. With a bit of luck, I can get Barclays to match Norwich Union, get £50 back and if I order the Barclays quote through GreasyPalm I can get £37.50 cashback from them on top. There must be a catch somewhere as this seems too easy.0 -
Is there anything about comparisons with the amount covered? I have a policy with Cornhill Direct. I have £22,000 of cover plus £1100 personal possessions with £50 excess on each. It costs £80 a year.
The Barclays website quote was £82 with £100 excess, but this did not include the personal possessions. When I added that, (their minimum option being £2500), it bumped the price up to £130 for the year. So I thought that if they give me their level of cover at my price less £1 and give me £50 back I'll have a good deal.
The thing is, Barclays didnt ask how much cover I wanted but I noticed that they had an amount of £50,000 as the maximum, presumably for the quote they had given me.
My question is, are they going to compare their quote of £130 against what I pay now or will they compare it against what I would be paying Cornhill IF I had £50,000 cover with them?
I would also like my £37.50 thru greasy palm but by phoning Barclays for the price match offer does it cancel out the online application as not being 'completed' online? :think:
debt free...yippee :dance:0 -
You can price match for the £50 or get cashback but not both (hence my original question about b and c separately).
If you go for cashback, quidco.com offer £75 for Barclays (takes 2 mins to sign up).
Anon0 -
has anyone maned to get them to pricematch on buildings or contents and get £50, plus buy through quidco for the other to get the £75 off?
If you go with the same company are you obliged to buy buildings and contents as a combined plan?
Many thanks
Anon0 -
Barclays quote was £198, price matched renewal -£1 plus £50 back - buildings down to £82.
check that they do like for like - original insurer covered rebuild up to £500,000, rebuild cost of house is just over £100000 which was used for the quote. She was just about to process when I mentioned this should be comparable - she then upped the limit to £500000 to match the original.
Anon
Anon0
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