I just got my car insurance renewal through. The letter included an alternative quote that costs a little under 10% less. However on closer inspection, I noticed that all the excesses were increased by 25-50%. If I do nothing this alternative cover is automatically selected for me.
Now, I understand that I am getting what I’m paying for in each case. What I object to is the way it is implied that the cheaper quote is better, when in fact it is a compromise.
I’m fairly sure this is not uncommon (wow, there’s a non-committal clause for you) in the insurance industry but I should probably name and shame given that that’s what blogging is supposedly all about. The focus of my ire? The AA.