Date registered: Sep 2002
Vehicle: SLK 230
Location: LONDON / Middlesex , England
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OT: greedy insurance companies
Here's one reason why insurance companies are so rich...
I have been with the same car insurance company for a number of years now, mainly cause they offer a reasonable service. My policy is due for renewal this month, and as always they send me a reminder and tell me how much its going up by. Well, this year everything else has gone up by too much, so i need to cut back financially, so decided to hunt around for cheaper car insurance. Did the usual thing, get on-line quotes. Most companies were cheaper, but some didn't offer foreign driving, some didn't allow LHD cars etc. Just for a laugh, I decided to get a quote from my existing insurance company. AM I GLAD I DID! typed in all my details, and the quote was Â£400 cheaper than what they wanted to charge me ($600 roughly). So i immediatly called them and asked why they were charging me, a loyal customer, Â£950 and not Â£550 as the internet quotes. They gave some bull about getting a reduction for on-line booking, and an incentive to get new customers. Well what about looking after existing customers. Maybe they will loose a few if they find out. Anyway, I cancelled my policy with the company, went back online and set up a new policy and almost halved my premium in a few keystrokes. Damn greedy insurance companies may they all rot in hell.