Recent experiences have led me to believe that companies like giving preference to new customers rather than to existing customers.
My Daughter’s car insurance is with Admiral who quoted her £740 to renew, if she takes no action they will take that from her card.
I have just rung them up and they have given me an alternative quote for her for £600 with all the same benefits as the £740 policy.
As they dealt very well with a claim last year and are now competitive with the new price we will accept the new quote rather than go elsewhere.
Cheltenham and Gloucester had the nerve to ask if I wanted to top up my ISA on which they are currently paying 0.05%, neglecting to tell me that they are currently selling ISAs to new Customers at a rate of 2.7 or 3.5%. I have written to them telling them what I think of this and await their reply.
My own car insurers have also quoted a higher price than necessary but only by £10 and have now found me a better policy after I rang to complain.
Wouldn't it be nice if we didn't have to check the companies we deal with to confirm they aren't ripping us off.
Wasp? No!
4 months ago