Most people trust their banks and building societies to look after their finances but when it comes to insurance products sold by these institutions it may come as a surprise to learn that their loyalty could be exploited.
Home insurance is a great example as banks may offer great rates to new customers but those who renew their policy year after year often find that the prices go up disproportionately.
One PayingTooMuch.com customer who feels that she was short-changed by Nationwide Building Society is Helen Nicholls, who was stunned to discover her renewal premium had increased to over £1000. Helen, of West Sussex, says “I was shocked how much it had gone up and felt my loyalty had been taken advantage of. I decided to shop around and spoke to Ronnie at PayingTooMuch.com who found a comparable policy for only £511 which was half the price of the Nationwide quote. It was with Allianz who are a well-known insurer so I was confident that I was buying from a reputable firm.”.
Nationwide are not the only culprit, so it is worth comparing prices when your home insurance policy is due for renewal. Bank and building society customers might worry that it is a time consuming process to shop around but at PayingTooMuch.com it just takes one quick telephone call, which is often less than ten minutes, and the team there will do the rest.
And when it comes to the policy anniversary you can trust PayingTooMuch.com to check again to see that you’re getting the best deal rather than using the same provider each time. They also offer a loyalty scheme where each sale earns points which can be redeemed for cash once two qualifying products have been purchased.
The specialist team at PayingTooMuch.com understand the benefits of each insurer and can point out different product features to help customers choose the best policy to suit their needs.
Managing Director Michael Ward says “At PayingTooMuch.com we are committed to delivering excellent service and great value insurance which is appreciated by all our customers. They like to have somebody to discuss everything with and answer their questions, and our expert team is dedicated to helping customers save money”.
Call now on 01243 219333 to see if you can get a better deal.
