Renewing insurance

Yes you have to be careful with renewal.

One big insurer i used to be with that advertises how much money they save people just discontinued the accidental damage component of our house insurance.

We had a gust of wind grab the back dual glass doors (that had been left ajar) and damage them.

When we went to see if it was worth lodging a claim the insurer just said "we took accidental damage out of your policy in your renewal".

Ended up fixing myself after some research but i would have thought they would have an obligation to specifically inform you of such a big change.

They call it the loyalty premium

Quote:

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Originally Posted by ramblingboy42

it amazes me how one insurer can offer such good value to one person. my Ranger is insured by the same company for 8yrs......no other insurer can even come close to the premium. yet they absolutely hate my motorbike. so I use another insurer there.

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i agree with this, some time they offer really good rate compare to other and for the otheer vehicale they are as bad as any other provider, I have faced similiar situation recently

Quote:

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Originally Posted by ramblingboy42

it amazes me how one insurer can offer such good value to one person.

my Ranger is insured by the same company for 8yrs......no other insurer can even come close to the premium.

yet they absolutely hate my motorbike. so I use another insurer there.

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Btw how much you're currently paying for your ranger?

It's a good idea to ring around before renewing any insurance.
They get you in with a low price the first year and then automatically jack it up in following years, figuring most people just pay it.
It's surprising how much can be saved by ringing to protest the rise and ask if they can do better.
Doing a few online quotes yourself first and then quoting them back to other companies can be rewarding.
That said, we currently have several policies combined for a single monthly payment with one company, which simplifies the management.