Have you ever used an insurance comparison website? I would guess that the majority of the readers of this article will have answered yes to this question. I absolutely love them. Why do I think in this way? Well because they have saved me a massive amount of money over the last few years and they are likely to continue to do so. In this article I will be describing about the way in which I use them.
Just before I continue I would like to make it clear that I am not an insurance salesman or a financial adviser. I actually offer a DVD duplication service in the UK, I am also involved in a company that sells composite doors and I offer Comet Voucher Codes on a part-time basis .
I am going to write about a recent example of when I managed to save seventy pounds on my home insurance. I received the renewal notice in the post at the start of June for my buildings and contents insurance. The amount that they were quoting me was slightly higher than last year but I suppose you have to accept this.
I knew what I was going to do, in any case, whatever the premium had shown; I was going to put in my relevant details into one or two of the insurance comparison websites. I duly did this and low and behold there were three companies who were able to beat my renewal premium. The best quote was in fact £60 cheaper for the same cover.
This was not exactly a surprise to me as I have had similar successes on numerous previous occasions. So did I go ahead and take up this lower quote? No. Why not? Well I decided to give my current insurer a chance to out bid them! I phoned them and said:
“I have received your home insurance renewal quote but have managed to obtain a better quote by using one of those comparison sites. It was substantially lower that the price that your company has quoted. I am phoning you as I would rather keep the insurance with your company as I have been very impressed with the level of customer service that I have received. Would you be able to match or beat their quote?”
Guess what? They did match it – how cool is that? That is what I call one heck of a result.
Now I have decided to instruct a firm of cost reduction specialists in a quest to save even more money.
Tags: buildings and contents insurance, Home Insurance, insurance comparison websites, renewal notice, renewal premium