Are you coughing up for needless insurance costs?

April 18th, 2012 9 Comments By Mof Gimmers

insurance 289x300 Are you coughing up for needless insurance costs?Consumer champions of the world, Which!!!, have compiled two separate reports (TWO! Count ‘em! Like the White Album, it could’ve made one great report, but there’s no telling Which!!!!!! is there?) which state that insurance customers are facing unnecessary costs.

They found that 10 out of the 12 largest water companies are promoting pipe insurance from third parties, and this apparently costs customers more than £100m (in total) and in many cases, the money being spent is absolutely needless.

This is because water companies provide their own repair schemes which are free-of-charge. This service overlaps with what’s being offered by insurance companies. In addition to this, some water supply problems could be covered by your home insurance.

Another problem is that many water companies are promoting Homeserve policies through direct mail promotions, often on their own headed notepaper. You could argue that this is a little misleading, which is neither use nor ornament if you’re paying for things that are covered for free elsewhere.

Which?!?!? have also highlighted that insurers could well be charging hidden fees for insurance policy changes and renewals. It seems that AXA and Swiftcover are charging customers £30 to update your personal details with them.

Peter Vicary-Smith of Which!!!!! said: “These charges should reflect the real cost to the company and not a way of making easy money from consumers who are already struggling with high and rising insurance premiums.”

In other words, they’re all greedy swine. Keep an eye on ‘em.

Comments (9) Jump to most recent comment
  1. Posted by SgtMunky April 18, 2012 at 12:46 pm

    What? A company trying to save me money but not sending me intrusive surveys, cold-calls and door-to-doors?

    I like the sound of Which!!!

  2. Posted by Mike Hock April 18, 2012 at 1:13 pm

    It’s Which?, with a fucking question mark you fucking cretins!

  3. Posted by Another Andrew April 18, 2012 at 1:14 pm

    Mike Hock missing the joke by this much >———————–<

  4. Posted by Mike Hock April 18, 2012 at 2:00 pm

    And you’re missing the running joke, cunt.

  5. Posted by The Real Bob April 18, 2012 at 2:28 pm

    They’re missing a trick, I no longer pay home contents insurance since I got the pair of Bengal tigers and snake pits installed.

  6. Posted by Sicknote April 18, 2012 at 2:38 pm

    And water companies will come and unblock your drains for free as well; recently had Southern Water out to clear waves of shit from my exclusive cul-de-sac

  7. Posted by Dick Head April 18, 2012 at 3:09 pm

    don’t you just love insurance scumpanies?

  8. Posted by Lieutenant Spunkbubble April 18, 2012 at 3:14 pm

    I “heart” insurance companies.

  9. Posted by Dick Head April 18, 2012 at 5:46 pm

    I think what you’ll find they are saying is that they “hate” insurance companies!

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