As a result of that, I put together this check list which would be useful for readers when renewing their own insurance.
Now, renewing with the same company for 4 years in a row might seem to go against the first tip in that listing – Don’t automatically renew with the same insurance company.
However, by each year following tip number 2, Shop around, getting quotes from at least three different companies and brokers, I’ve been able to convince myself that each year FBD are giving me the best deal.
Doing my shopping around this time around, FBD are still the best price for the insurance cover and benefits that I’m looking for. Going direct to two other insurance companies online gave me quotes of 35% more and 2% more, while going through one of the sites that brings together many insurers (apparently) gave me a quote of 60% more for like with like cover.
FBD it is then, again for this year! Even after shopping around!