closing tag is in template navbar
timefactors watches



TZ-UK Fundraiser
Results 1 to 37 of 37

Thread: Home Insurance Shocker!

  1. #1
    Master
    Join Date
    Nov 2017
    Location
    Down south jukin
    Posts
    5,257
    Blog Entries
    1

    Home Insurance Shocker!

    It seems that home insurance has gone the same way as car insurance.

    Direct line have given me a shocking quote this year.

    Any tips welcome before I go searching.

  2. #2
    Master Papa Hotel's Avatar
    Join Date
    Oct 2012
    Location
    Not Edinburgh
    Posts
    7,491
    Tell them you're ex-army.

  3. #3
    Ours (NFU)went up 25%, we couldn't find it cheaper elsewhere

  4. #4
    Master
    Join Date
    Oct 2019
    Location
    East Anglia
    Posts
    1,844
    Blog Entries
    2
    My home insurance with DL went down by £1.00 per year,I’ll take the small wins

  5. #5

    Hello

    Try the various compare websites to see if you can get a better quote. And then ring your insurer and tell them you’re off, see what they offer.

  6. #6
    Quote Originally Posted by burnside View Post
    Try the various compare websites to see if you can get a better quote. And then ring your insurer and tell them you’re off, see what they offer.
    If your watches are properly insured, you are very limited, and probably not on the comparison sites

  7. #7
    Craftsman
    Join Date
    Feb 2017
    Location
    A mile or two outside of London
    Posts
    552
    Mine with M&S is going up 30% at the end of the month. I couldn't find any comparable cover for less, it looks like the increases are pretty much widespread.

  8. #8
    We are with Hiscox, so pretty sure I can save some money if I need to.
    "Bite my shiny metal ass."
    - Bender Bending Rodríguez

  9. #9
    Master
    Join Date
    Sep 2007
    Location
    Cornwall
    Posts
    3,448
    Quote Originally Posted by burnside View Post
    Try the various compare websites to see if you can get a better quote. And then ring your insurer and tell them you’re off, see what they offer.
    Also have a look at the cashback sites.

  10. #10
    Master
    Join Date
    Nov 2017
    Location
    Down south jukin
    Posts
    5,257
    Blog Entries
    1
    Quote Originally Posted by Papa Hotel View Post
    Tell them you're ex-army.
    I have met a few on facebook military sites this past year I havent seen since we where 16 years old thats 50 years ago.

    There is one thing we all have in common, we did it however hard it was, however tired,cold or injured we where we did it and stuck it out.

    I am not ashamed of my service,what is your rank OC Bear pit Walts.

  11. #11
    Master Mouse's Avatar
    Join Date
    Feb 2014
    Location
    North by Northwest
    Posts
    3,215
    Quote Originally Posted by bwest76 View Post
    I have met a few on facebook military sites this past year I havent seen since we where 16 years old thats 50 years ago.

    There is one thing we all have in common, we did it however hard it was, however tired,cold or injured we where we did it and stuck it out.

    I am not ashamed of my service,what is your rank OC Bear pit Walts.

    I get that vibe doing the washing up every morning ;)

  12. #12
    Master Papa Hotel's Avatar
    Join Date
    Oct 2012
    Location
    Not Edinburgh
    Posts
    7,491
    Quote Originally Posted by bwest76 View Post

    I am not ashamed of my service,what is your rank OC Bear pit Walts.
    What was yours?

  13. #13
    Craftsman T1ckT0ck's Avatar
    Join Date
    Jan 2017
    Location
    Norwich, Norfolk
    Posts
    827
    Take the highest excess to reduce premium and then take out separate excess insurance. Savings should offset the cost of the other.

  14. #14
    Craftsman
    Join Date
    Sep 2015
    Location
    Surrey
    Posts
    995
    Quote Originally Posted by SteveDSSD View Post
    Mine with M&S is going up 30% at the end of the month. I couldn't find any comparable cover for less, it looks like the increases are pretty much widespread.
    Same here, but 40%! Couldn’t find cheaper either

  15. #15
    Quote Originally Posted by Mouse View Post
    I get that vibe doing the washing up every morning ;)
    Like having kids, but not being paid for it.
    "Bite my shiny metal ass."
    - Bender Bending Rodríguez

  16. #16
    Quote Originally Posted by T1ckT0ck View Post
    Take the highest excess to reduce premium and then take out separate excess insurance. Savings should offset the cost of the other.
    Is this a thing? That could be a stroke of genius!


    Sent from my iPhone using Tapatalk Pro

  17. #17
    Love to know how many on here are insuring their watches properly

  18. #18
    Master
    Join Date
    Oct 2012
    Location
    Hertfordshire
    Posts
    2,844
    Blog Entries
    1
    Quote Originally Posted by adrianw View Post
    Love to know how many on here are insuring their watches properly
    I've never insured my watches - I'd rather not lose them, but if I did life would still go on.

  19. #19
    Quote Originally Posted by adrianw View Post
    Love to know how many on here are insuring their watches properly
    Even if you think you have insured them fully until you have to make a claim you have no idea. Insurers will look to small print and your alarm and locks etc etc and try and reduce the payout. Alternatively use Zurich Private Client or Chubb and you will have a hassle free claim. But the premiums are eye watering


    Sent from my iPhone using TZ-UK mobile app

  20. #20
    Quote Originally Posted by dandanthewatchman View Post
    Even if you think you have insured them fully until you have to make a claim you have no idea. Insurers will look to small print and your alarm and locks etc etc and try and reduce the payout. Alternatively use Zurich Private Client or Chubb and you will have a hassle free claim. But the premiums are eye watering


    Sent from my iPhone using TZ-UK mobile app
    Or NFU bespoke,

  21. #21
    Quote Originally Posted by JonRA View Post
    I've never insured my watches - I'd rather not lose them, but if I did life would still go on.
    Same. It’d be annoying but not lifestyle changing.
    "Bite my shiny metal ass."
    - Bender Bending Rodríguez

  22. #22
    Grand Master wileeeeeey's Avatar
    Join Date
    Jan 2017
    Location
    N/A
    Posts
    19,158
    Quote Originally Posted by adrianw View Post
    Or NFU bespoke,
    Tried to use NFU before and it was terrible.

    Phone line said I needed to speak to a local branch and the branch said they needed all watches and serials to quote (fair enough). As some were older than 3 years and needed an above RPP valuation the guy sent my name, address, contact details along with all watches, serials, and the values I had given to a third party.

    Needless to say I lost it and never used them.

  23. #23
    Quote Originally Posted by wileeeeeey View Post
    Tried to use NFU before and it was terrible.

    Phone line said I needed to speak to a local branch and the branch said they needed all watches and serials to quote (fair enough). As some were older than 3 years and needed an above RPP valuation the guy sent my name, address, contact details along with all watches, serials, and the values I had given to a third party.

    Needless to say I lost it and never used them.
    I went to them from Hiscox when they decided they didn't want to play in this market anymore, NFU sent a valuer round and agreed values on everything including watches and jewellery, and all risks, I'm not that far from you, I use the Tekely office.

  24. #24
    Grand Master wileeeeeey's Avatar
    Join Date
    Jan 2017
    Location
    N/A
    Posts
    19,158
    Quote Originally Posted by adrianw View Post
    I went to them from Hiscox when they decided they didn't want to play in this market anymore, NFU sent a valuer round and agreed values on everything including watches and jewellery, and all risks, I'm not that far from you, I use the Tekely office.
    I used Cheshunt but will give the Tekely office a call before the next renewal, thank you

  25. #25
    Craftsman T1ckT0ck's Avatar
    Join Date
    Jan 2017
    Location
    Norwich, Norfolk
    Posts
    827
    Quote Originally Posted by notenoughwrists View Post
    Is this a thing? That could be a stroke of genius!


    Sent from my iPhone using Tapatalk Pro
    Yes it is although home insurance excess providers are more limiting , i have seen a combined policy that covers home, car and travel. And private car insurance, got to be the way to go for youngsters.

    Last week i took out a £33 policy that covers all uk and Europe car hire excesses for a year.

    I have a europcar booked for 13 days for only £180, although to reduce europecars excess of £800 down to £300 would cost an extra £170!

    So I refused and took out the excess policy to cover me for the original £800.

  26. #26
    Quote Originally Posted by T1ckT0ck View Post
    Yes it is although home insurance excess providers are more limiting , i have seen a combined policy that covers home, car and travel. And private car insurance, got to be the way to go for youngsters.

    Last week i took out a £33 policy that covers all uk and Europe car hire excesses for a year.

    I have a europcar booked for 13 days for only £180, although to reduce europecars excess of £800 down to £300 would cost an extra £170!

    So I refused and took out the excess policy to cover me for the original £800.
    Most hire companies especially abroad would still want an excess deposit and if it got used wouldn't give it back untill the insurance payed out, be careful with that one

  27. #27
    Craftsman T1ckT0ck's Avatar
    Join Date
    Jan 2017
    Location
    Norwich, Norfolk
    Posts
    827
    Quote Originally Posted by adrianw View Post
    Most hire companies especially abroad would still want an excess deposit and if it got used wouldn't give it back untill the insurance payed out, be careful with that one
    I am aware. Deposit is still made as per normal. If damage / loss occurs hire company recovers that from my deposit, up to £800 in this rental agreement.

    I then take that loss evidence from Europecar to my excess insurance provider to make a claim for that amount. In essence I’m using my own excess insurance provider (cheaper) rather than their own (expensive).

    Other similar policies exist for travel insurance, private car insurance and home insurance.

  28. #28
    Grand Master thieuster's Avatar
    Join Date
    Mar 2009
    Location
    GMT+1
    Posts
    11,770
    Blog Entries
    8
    As a foreigner: how much money are we talking about? Just curious.

  29. #29
    Craftsman DONGinsler's Avatar
    Join Date
    Jan 2021
    Location
    Toronto
    Posts
    448
    Mine is $1000 Canadian per year. Never thought to try the old age discount

    I keep mine simple. No quakes, flooding or hurricanes to worry about.

    I don't believe in God and God doesn't believe in me, so no acts of God to worry about

  30. #30
    Grand Master thieuster's Avatar
    Join Date
    Mar 2009
    Location
    GMT+1
    Posts
    11,770
    Blog Entries
    8
    I received two PM's from members telling me how much insurance is. And UK prices are high indeed. We pay about 40% of that!

  31. #31
    Quote Originally Posted by thieuster View Post
    I received two PM's from members telling me how much insurance is. And UK prices are high indeed. We pay about 40% of that!
    Mine may go up this year, but is currently cheap as chips for building and contents. Those two members having high insurance costs does not mean the U.K. does.

    If you live in Moss Side you are going to pay a whole heap more for your contents insurance than Virginia Water.

  32. #32
    Master
    Join Date
    Mar 2016
    Location
    Lake District
    Posts
    2,803
    My house renewal this year went up just over 100%. Phoned them up to see if there was a reason for it as I’ve had no claims on house insurance for nearly 30 year's and been with this company for the last 5. They just told me their premiums had gone up. Quick check on a comparison site and got slightly better cover for the same price I paid last year. As usual with insurance renewal they just try it on. Wonder how much money they make with their auto renewal strategy 🤔

  33. #33
    Craftsman
    Join Date
    Mar 2013
    Location
    Northern Ireland
    Posts
    276
    Got ours renewed with Halifax for pretty much what I paid last year. They’re about the only company I’ve ever encountered that offer the option of paying monthly with no additional cost.

  34. #34
    Master
    Join Date
    Aug 2014
    Location
    Mountsorrel uk
    Posts
    1,916
    Someone has to pay for all the flooding

  35. #35
    Mine was up £200 from last year, called to see what they can do, and they knocked £150 off the price in a 2 min phone call. Just blatant profiteering and hoping people don't call.

  36. #36
    Master
    Join Date
    Apr 2016
    Location
    uk
    Posts
    2,267
    Blog Entries
    1
    Just rang mine as it's gone up £100 and it was a blatant no to getting it down.

  37. #37
    Grand Master ryanb741's Avatar
    Join Date
    Jun 2008
    Location
    London
    Posts
    19,763
    I've cancelled mine and will take the risk. Buildings is covered via the service charge but contents I've stopped as best of luck to anyone trying to rob this flat, being right next to the Concierge office (with full view) and covered by umpteen CCTVs outside.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Do Not Sell My Personal Information