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Clauses in many Compare The Market contracts with home insurers could lead to higher premiums

Former_MSE_Callum
Former_MSE_Callum Posts: 696
Third Anniversary 10 Posts I've been Money Tipped! Newshound!
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edited 5 November 2018 at 11:23AM in Insurance & life assurance
Clauses in many of comparison site Compare The Market’s contracts with home insurers could lead to consumers being hit with higher premiums, the competition watchdog has found....
Read the full story:
'Compare The Market home insurance deals 'could result in higher premiums''
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Comments

  • Never did trust those meerkats
  • rudekid48
    rudekid48 Posts: 2,382
    Part of the Furniture 1,000 Posts
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    This is nothing new, they did it for years with motor insurance until they had the plug pulled on them.
    All matter is merely energy condensed to a slow vibration, we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.
  • michaels
    michaels Posts: 29,791
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
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    What does Compare The Market say?
    A spokesperson said: "We are disappointed by the CMA's provisional findings.
    "We will carefully review the evidence once we have access to it, and look forward to working with the CMA over the coming months to ensure a satisfactory outcome."
    Compare The Market also says it has stopped using the contracts in question.

    We weren't doing anything wrong and we have now stopped doing nothing wrong.....
    I think....
  • VT82
    VT82 Posts: 1,094
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
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    Nice bit of negative PR for Compare the Market there. Wouldn't have expected that from [strike]MoneySupermarket[/strike] MoneySavingExpert!
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