Re: Insurance Premium Rip-Off?

I have recently noticed on my bank statements that Royal & Sun

> Alliance seem to have hiked my buildings and contents insurance > premiums from roughly 20 a month to over 50...this was around the > time the first year of my policy would have been up...

Quite normal I find. I had this with Lloyds Insurance who increased my contents premium from 3 to 6 per month via Sun Alliance, and I told them I would go elsewhere, and they promptly got me another deal via cornhill at 5 per month, but with a 20 sainsburys voucher thrown in, so it's worth querying large increases.

Reply to
Adrian Boliston
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You would have to have a pretty big house for £50 a month to be reasonable ... My buildings insurance (Churchill) was about £80 for a *year*. They didn't offer a competitive rate for contents so I went through Nationwide for something like £4.68 a month, which turns out to be a Churchill policy anyway (insurance is a strange business :) Have you made a claim, or has something happened in the local area (e.g. a lot of subsidence)?

Reply to
Stephen Burke

It's not an especially big house (fairly standard 1920s 3 bedroom terrace), cost £78,500 when we bought it last January. I don't think the premium is reasonable having looked round...I've made no claims against the polict and as far as I know, there's no issues surrounding the local area (we had a full land survey done through the solicitor before we bought the place).

Funnily enough, Lloyds don't want to know (despite being the ones who sold me the policy) so I'll see what Royal Sun Alliance have to say...and if I dont get anywhere then, I think the GISC might be the best way

Reply to
Gary Davison

Having tried very, very hard to get hold of somebody in their 'customer service' department I'm not surprised to find that 'the letter will have been sent' - note, not 'was' or 'has been', nor any offer for a copy to be forwarded now.

Also, they will not refund any portion of the premiums unless I have been 'dual insured' whatever they mean by that. The only offers they made were a new quote (with them? no thanks) or the cancellation of my policy (and no doubt my right to complain as a customer - not falling for that either).

I've written a letter reminding them of their obligations under the Direct Debit Guarantee and the GISC code of conduct, so I'll see what response I get from there. I'm expecting much the same as I got over the telephone - such a cynic eh

I cannot believe how matter of fact they seem to be about things like this, they really do seem to just write it off as standard practice and expect us to like it. I'm sure they wouldn't be happy if I mailed them a payment and insisted it had been made irrespective of whether or not it arrived - so why should I be happy when the role is reversed!

One other note about them - they close their customer service lines before and open them after the advertised times, service is number one obviously. I'm always amazed you can get hold of these people to get a new quote or open a new account almost any time day or night, but once they've got your business, it's a strictly 9-5 service you get.

I don't think they'll be keeping my business for too long!

Reply to
Gary Davison

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