Major Bank Cuts Insurance Quotes To Business Customers

sellotape100m's picture

I recantly read an article where it said a Major bank is under cutting insurance quotes to it's business customers and really competing with the other major insurance companies.

From what I read this bank in question is doing this on a big scale and that the rival banks and insurance companis are not happy about it as it would seem the said bank will put there prices back up in time to claw back some more money in a nut shell.

Well I think that if you have a business and you can get a lower priced policy that is doing exactly the same then surely it is in your best interest to go with that price. If they come to put the price up in time then surely you just look in to a quote from a different company unless you are tied in to the present one.

All views welcome.

mountainbiker_uk's picture

Interesting post there sellotape 100m. It looks like everyone is out to get your business rather than a rival getting it.

Like you say if the price of the policy is going to go up when it is time to renew then you just shop around to see which is the best you need without skimping on anything.

Alexender

the.gofa's picture

At the end of the day everyone is undercutting everyone and yes everyone wants your business to stay in business.

So like the previous poster says if there is a better deal else where when your policy runs out just simply change the company you are with.

I am guessing you will want to stay with a company that is well known and at least you know or should know you are in safe hands.

Wink

Jamie

mountainbiker_uk's picture

I agree with Jamie on his posting. I also think it sounds like they are all trying to make a quick quid.

Alexender

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