I have renewed 2 policies in jan. the renewal offers were the same as those on comparison websites. No more ridiculous price variations to lure new businesses. I ended up staying with my existing providers!
My brother just had a 30% increase on his renewal quote with LV.. Looking on line the same company were offering his insurance for around £177 when he was going to be paying best part of £300.. So looks like they are still at it..
He can challenge them and get the to match the price. They can no longer charge existing customers more than new ones. That is like for like but The devil is in the details so carefully check the policy documents. I recently checked breakdown cover, as an example, rac site quoted me £120 while comparison site £45 for exactly the same cover! Found out the cheaper price had a call out excess of £40 per incident!
Same as Currys/Dixon's old price match promise where their model number would have a different letter at the end, then they just said it wasn't the same! Insignificant difference but still a difference.
