Insurance renewal tip

9 Posts | Latest reply on 04/10/2007 17:01:25 by Matt | Go to original / last post
Matt's Profile
Matt

In: Veldhoven
Posts: 8053
100% Karma100% Karma 100% Karma100% Karma

If you want to renew your insurance with the same company, then do this to save money (I just saved 1,150 pounds on my BlackBird)... Go to their website Start a NEW QUOTE as a NEW CUSTOMER (Not existing). Fill in all the details accurately Get the quote.   This will ALWAYS be cheaper than your renewal, for 2 reasons... 1) They want new business 2) You normally get a 10% discount for buying online - you save them call-centre costs.   So, you get the quote - then email/phone then demanding an explaination as to why the online quote is up to 70% less than stated in your renewal letter.  Tell them that you think it's disgraceful to treat existing customers in such a way and that you are taking your business elsewhere.   THEN - they will offer you the same quote as online, PLUS a further discount as an appology.   All in all - I probably cost my insurance broker more money than they're making  :-)                                                                                                                                                                             
golden girl's Profile
golden girl

In: South Woodham Fe
Posts: 28
7% Karma7% Karma 7% Karma7% Karma

Brilliant> that could apply to any type of insurance.                                                                                                                                                                             
Sandi's Profile
Sandi

In: Huddersfield, W
Posts: 17942
66% Karma66% Karma 66% Karma66% Karma

  One 'trick' I've noticed with insurance companies is they make a low quote when I'm a NEW customer then come renewal day the price goes up and is much the same as my previous insurance company's quote. Censored                                                                                                                                                                               
Matt's Profile
Matt

In: Veldhoven
Posts: 8053
100% Karma100% Karma 100% Karma100% Karma

that's the point Kwak.  When u get ur quote, go to their site and do a new request as  a new customer.  Get the reference numbers etc and phone them up.  Demand an explaination or to speak to the sales manager.  I guarentee you'll get something from them
rattler's Profile
rattler

In: Liverpool
Posts: 192
0% Karma0% Karma 0% Karma0% Karma

I'll try that as my insurance runs out at the end of this month Thumbs Up. Ta....                                                                                                                                                                             
busa70's Profile
busa70

In: Chepstow
Posts: 19
0% Karma0% Karma 0% Karma0% Karma

WORDS OF WISDOM Clap !! WILL TRY AS MINE IS RUNNING OUT IN 6 WEEKS TIME.
ghosthunter's Profile
ghosthunter

In: Hinckley
Posts: 1659
0% Karma0% Karma 0% Karma0% Karma

Thanks for that Matt, been doing it with my cars for years....never even thought about it for the bikes! DOH!                                                                                                                                                                             
stueylewie's Profile
stueylewie

In: Bognor Regis
Posts: 367
0% Karma0% Karma 0% Karma0% Karma

Used to work at an insurance broker and basically they give their New Business dept more leaway to cut their own commission than the Renewals dept - even to the point of making no commission - in the attempt to bring in new customers The expectation then being that they will at least retain a % of these at renewal time   Could I also plug A Quote who were recommended to me this year and cut 20% off the renewal quote from my existing insurer                                                                                                                                                                                
Matt's Profile
Matt

In: Veldhoven
Posts: 8053
100% Karma100% Karma 100% Karma100% Karma

Tell them also that it's disgraceful how they treat existing customer, and you will advise as many bikers as you can via internet forums.  They wont want the bad publicity                                                                                                                                                                             


Remove these advertisements                  Advertise Here
Biker Match is a UK social, events and dating website by bikers, for bikers.  All British motorcyclists are welcome to join our large and exciting community free of charge in search of ride-outs, motorcycling events & rallies, biker dating & relationships, motorcycle help, motorcycle forums, biking news, racing news, motorcycle classifieds or just to get to know other UK bikers.  Create your profile and upload your photos now completely free.
Website copyright 2002-2024 www.bikermatch.co.uk.

Page generated in 0.3906 seconds. There are 847 users online now.

Site tested and secured by Comodo HackerGuardian       Site tested and approved by McAfee SiteAdvisor      Site PCI DSS security approved      Site tested and secured by Comodo HackerProof       Site secured and validated using highest 2048bit encryption