Join Date: 28th August 2007
Thanked 274 Times in 266 Posts
An Insurance broker once told me that insurance companies still bank on the punter just renewing the policy with them, as they have been with them for some time.
That's how they get their extra dosh to balance out those that tell them to price match, or they will go elsewhere.
I have stayed with the same company for years, but on each renewal time, we go through the same lark.
They send me a daft renewal price, I tell them to price match OR better another quote and the price comes down by 30 - 40%.