I have lived in this house for nearly 40 years, and have never made any insurance claims.
Although I appreciate the benefit of swapping insurance companies from time to time, I rarely actually make the change. However, as £400 does seem a bit OTT, I've started to get some online quotations - and I'm surprised at how low they are. It looks like I can get something adequate for as low as £120 - and with a few belt-and-braces extras, it's still only typically £150. Even my present insurer only quotes £180.
Of course I realise that many of these new quotations will be draw-you-in special offers, but even if I choose one in full knowledge that I might get a bit of a shock on the first renewal, it would have to be going some to be anything £400 (which will probably more like £440 next year).
So, although I've been with my present insurance company for 10 years, so I'd like to know whether I should challenge them on the renewal price (to see if they will come down to their online price), or should I simply say "Let them stuff it", and move to a different company?