Omega Owners Forum

Chat Area => General Car Chat => Topic started by: dave the builder on 14 May 2022, 12:58:20

Title: Insurance renewal law
Post by: dave the builder on 14 May 2022, 12:58:20
"New rules banning a loyalty penalty for car and home insurance customers take effect from 1 January. The rules mean customers renewing their policy will have to be offered a price no higher than if they were a new customer."

well that's codswallop  ::)

I did a comparison and the same company I use was £20 cheaper on a comparison site  :-\
lowest equivalent cover   £70 cheaper (still Defaqto 5 star well known brand)  ::)

so I phoned the original insurer ,said i'd cancel unless they matched the comparison site best price .
they said NO, I said don't renew then ,they said let me just see what we can do .....
OK we'll match it  ;D

so, despite new rules ,insurers still try and get as much as they can  ::)
I guess i shouldn't have expected any better really  .
Title: Re: Insurance renewal law
Post by: Field Marshal Dr. Opti on 14 May 2022, 13:39:48
I can't believe a motor car insurance company would tell fibs.....are you sure, Dave? ::)
Title: Re: Insurance renewal law
Post by: Doctor Gollum on 14 May 2022, 17:45:06
Quote from: Field Marshal Dr. Opti on 14 May 2022, 13:39:48
I can't believe a motor car insurance company would tell fibs.....are you sure, Dave? ::)
He's a builder. It must be true :D
Title: Re: Insurance renewal law
Post by: Keith ABS on 14 May 2022, 19:37:38
 But, did they do it with an intake of breath through their teeth? ;D
Title: Re: Insurance renewal law
Post by: dave the builder on 14 May 2022, 20:25:59
Quote from: Field Marshal Dr. Opti on 14 May 2022, 13:39:48
I can't believe a motor car insurance company would tell fibs.....are you sure, Dave? ::)
Well they got £70 less off me than they first asked for ,
 then ,when i did make the lower payment ,they had the nerve to say 'renewal prices will be checked so i get the lowest price in future'

Dam right they will , by me  ;D
Title: Re: Insurance renewal law
Post by: TheBoy on 16 May 2022, 09:36:59
The legislation is plain flawed.  Once again, we are trying to legislate against stupidity/laziness, and that ultimately leaves loopholes.

And the people that the legislation is trying to help will be the ones too stupid/lazy to check, so will assume they are getting the best possible deal - hence the legislation is daft.

How difficult is it to pick up the phone or look on a website, even for a millennial?
Title: Re: Insurance renewal law
Post by: STEMO on 16 May 2022, 11:42:50
Or an old fella suffering from acute CBA.
Title: Re: Insurance renewal law
Post by: TheBoy on 16 May 2022, 15:34:43
Quote from: STEMO on 16 May 2022, 11:42:50
Or an old fella suffering from acute CBA.
Well, quite.  If its only a tenner or so, my CBA win out.  But £70, even I'll get up off my fat ass ;D