I’ve just spent nearly an hour and half on the phone to various ppl, attempting to arrange my car insurance renewal (due today :oops:)
I’ve had 4 quotes, 3 of them with the same actual insurance company, but via three different brokers???, and I’ve finally gone with someone that some guy my original insurance company passed me to, passed me to. Confused? Not nearly as much as I am tbh.
How does this all work? There is one insurance company underneath all this, and somehow they are charging enough to be able to offer different discounts to 3 different brokers to give me three different quotes for one product. I’m only going to buy one insurance policy – why do I need so much non-choice?
So that has been our morning – before I started I offered the children the choice to go to the library, and if they’d said yes, I’d have just renewed with the AA and had done with it, and tbh, probably been just as happy. But they didn’t want to go, they wanted to watch Inspector Gadget 2 [2003]
so that’s what they are doing. No accounting for taste 😉
And now, despite the fact that all I really want to do is go back to bed, I’m going to go and be domestic in the kitchen. And the bathroom. And possibly one or two other rooms. I really don’t feel terribly well though. 🙁
Normal service does not exist.
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3 responses to “Phone ear”
((hug)) I am dismembering a large armchair. Actualyl I am ripping my hands to shreds in the process too. I do have a box of nappies here for you. Can they wait til Monday or would you like me to drop them over?
The general insurance market has always worked through the broker system, in fact for many insurers it is has been their only sales outlet. They will wholesale at different prices depending upon how many policies a broker chain can sell for them.
Its just like ASDA or Tesco can get you a box of Kelloggs cheaper than the corner shop. Tesco probably has a lower overhead per box of cornflakes than your corner shop as well so can get away with lower profit margin.
Least you are legal again ;-p
Too late now, but next year go to http://www.moneysupermarket.com and plug in a few details, and it will search 30-40 brokers and insurance providers for you in a minute or so. Much easier than 1.5 hours on the phone!