why is it.........................................
03 September 2003, 12:41 AM
#1
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that going to a broker for an insurance policy sometimes work out cheaper than the actual insurance company itself ???
Just renewed my insurance of my P1..........was quoted £900 with mods listed, but by going through a broker.....with the same company,same policy and xs i'm paying £714 !!!
Just renewed my insurance of my P1..........was quoted £900 with mods listed, but by going through a broker.....with the same company,same policy and xs i'm paying £714 !!!
03 September 2003, 10:06 AM
#2
Insurers will often supply different rates to the software houses for certain products as the performance is sometimes better through a broker than with them direct. This happens all the time in the industry. You could phone many different brokers and get different prices with the same underwriter depending on who the agent is and what computer systems they use.
03 September 2003, 10:43 AM
#4
LV are direct only and do not supply their rates to anyone. NU are the complete opposite and will supply a different rates to nearly everyone. Obviously can't say who I work for but NU's main brokers are AA, Kwik Fit, Budget, Hill House and Swinton.
