Buildings and contents insurance

[2YardOfLard]

We just got a renewal quote for insurance of house, contents, sheds and liability. It's gone up by half as much again on last year and apparently that includes a 15% discount if we tied in with the same company for 5 years (and no obligation on their part to hold the premium at that level for the 5 years - they can still put it up while we're tied!) otherwise it would be even more. We haven't made any changes or claims in the last few years.

So obviously we need to change but who to? And would it be best to split house from farm & liability?

 

[Jameshenry]

Try Farm and general insurance, pretty good on price

 

[feilding]

Just had my renewal for end of month, they're asking for a very small increase. No claims. Going to try for a drop from last year. That's with the F.U.W.

 

[2YardOfLard]

Try Farm and general insurance, pretty good on price

What are they like to deal with/if you make a claim?

 

[Still Farming]

Up and up and UP

 

[2YardOfLard]

Up and up and UP

Yes, here too. Who are you with?

 

[Jameshenry]

What are they like to deal with/if you make a claim?

Not bad, only made one claim with them, which they dealt with fairly swiftly,

 

[2YardOfLard]

Anyone heard of H&H insurance brokers? They look to have reasonable farm & smallholders' packages .

 

[2YardOfLard]

Not bad, only made one claim with them, which they dealt with fairly swiftly,

That's good. I got a quote from them - just a quick on-line one, without a great deal of care about the details, but it was less than half the renewal of the current one!

 

[neilo]

We just got a renewal quote for insurance of house, contents, sheds and liability. It's gone up by half as much again on last year and apparently that includes a 15% discount if we tied in with the same company for 5 years (and no obligation on their part to hold the premium at that level for the 5 years - they can still put it up while we're tied!) otherwise it would be even more. We haven't made any changes or claims in the last few years.

So obviously we need to change but who to? And would it be best to split house from farm & liability?

If you want to move away from the comfort blanket of NFU Mutual (we all feel happy with them, as they’ve always paid up when needed....), then i’d Suggest a broker rather than any particular company.
I’ve been with NIG (through a local broker) for 3 years now. 20% lower premium, more extensive cover and they’ve paid up promptly on the one claim I have had in that time. Certainly no regrets here.

 

[quavers]

https://www.jelf.com/ try these for a quote , have just taken over marsh insurance brokers which I deal with , good service , if you need a personal contact number pm me

 

[2YardOfLard]

If you want to move away from the comfort blanket of NFU Mutual (we all feel happy with them, as they’ve always paid up when needed....), then i’d Suggest a broker rather than any particular company.
I’ve been with NIG (through a local broker) for 3 years now. 20% lower premium, more extensive cover and they’ve paid up promptly on the one claim I have had in that time. Certainly no regrets here.

Comfort blankets are great if you can afford them!
NFUM are who we've been with for many years but the premium is now (would be if we carried on) more than double what it was 3 years ago.

 

[quavers]

my insurance has actually came down over the last 2 years , claim last year no problem , now with bluefin through the above brokers

 

[Dman2]

https://www.jelf.com/ try these for a quote , have just taken over marsh insurance brokers which I deal with , good service , if you need a personal contact number pm me

We are also with Jelf
£40 increase this year, but have a newer machine on this time

 

[InsuranceLadyAmanda]

If I can help anyone with a review then please do feel free to message me. I work as an independent insurance broker for www.agribrokers.co.uk and we do not have any allegiance to just one or two insurers (such as some brokers who use just one or two markets) and do conduct a thorough review on your behalf.

 

[2YardOfLard]

With only one exception, everyone I've asked for a quote has taken all the details down but then refused to tell me a figure until after I tell them what other quotes I've had.
H & H were the only ones who just listened to what I need & worked out a price for it, without any horse trading. So we're going with them!

 

[thesilentone]

It looks like we should all change every year, as being loyal is exploited.

We had a small claim after storm (whatever it was called) so let's see what this years premium is.

We changed to these people last year: https://www.fandmgroup.co.uk/

 

[InsuranceLadyAmanda]

With only one exception, everyone I've asked for a quote has taken all the details down but then refused to tell me a figure until after I tell them what other quotes I've had.
H & H were the only ones who just listened to what I need & worked out a price for it, without any horse trading. So we're going with them!

That is fair enough. I do not know how many brokers you went to but from a broker and insurer’s point of view this question is asked to try and save people’s time. It takes a lot of time and administration to understand a business and obtain an accurate quote. Why spend all that time if their premium is going to come out higher than you already pay. Far better for everyone to know if there is a chance or not before completing all of the work.
Some insurers will refuse to quote without a broker giving them an indication of premium.

 

[thesilentone]

That is fair enough. I do not know how many brokers you went to but from a broker and insurer’s point of view this question is asked to try and save people’s time. It takes a lot of time and administration to understand a business and obtain an accurate quote. Why spend all that time if their premium is going to come out higher than you already pay. Far better for everyone to know if there is a chance or not before completing all of the work.
Some insurers will refuse to quote without a broker giving them an indication of premium.

If you are not willing to put in the time and produce a quote, you will not get the business, simple as that.

Why should anyone be asked ' what price do I need to beat ' because that is exactly why the question is asked.

Put your best foot forward with a competitive quote, and level of cover. If its good enough, you win, if not you lose.

You can use your quote win/lose ration as a barometer of how well you are doing. Simple facts of business, win em all, your to cheap, lose em all, your to expensive. Win slightly more than you are losing, your about spot-on.

If you want more business, canvas to get more quotations !!

That's life !!

 

[2YardOfLard]

That is fair enough. I do not know how many brokers you went to but from a broker and insurer’s point of view this question is asked to try and save people’s time. It takes a lot of time and administration to understand a business and obtain an accurate quote. Why spend all that time if their premium is going to come out higher than you already pay. Far better for everyone to know if there is a chance or not before completing all of the work.
Some insurers will refuse to quote without a broker giving them an indication of premium.

Speaking personally, we weren't just looking for the lowest price so you might have lost our business unnecessarily . We want a good on-going relationship with someone who'll talk to us about what we need & maybe recommend changes from year to year. H & H weren't our lowest quote.
I understand that you don't want to quote for accounts you wont get but to someone phoning round, the impression they get is that your price is fluid, which is a big put-off . The companies I contacted all spent the time first, at least half an hour on the phone each, and THEN asked for my current policy price before revealing the numbers , so for them it wasn't because of time.