I am livid.
I have just helped Dad get a new home insurance quote as their current house.
Last year the quote was £225. This year £517.
On the internet. The same company is quoting £246.
Outrageous behavior. The cheapest quote from a household name is £211.
I know this forum has discussed the need to get quotes and I have personally seen our quotes vary by a few % but this is difference is just profiteering.
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It's simple. Insurance companies have long decided that customers are divided into two categories...
1. idiots who stick with them.
2 People who switch.
Who get all the best deals? Those who switch.
Who gets screwed? Loyal customers..
I think their business model is inverted and someone like Virgin could take a lot of buciness - except most customers belong to category 1... so they'll only get category 2..
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Insurance Outrage - madf
