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    Now the RAC are jacking up automatic renewal cover.

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    papa_umau
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    Now the RAC are jacking up automatic renewal cover.

    Post by papa_umau on Sun 11 Jun 2017, 12:59 pm

    Renewing your RAC cover? Dont let them jack up the price.

    If your policy renews automatically, chances are you could be paying way over the odds. We look at some alternatives.

    The RAC has been accused of trying to rip off a long-standing customer by demanding 205 for a basic breakdown recovery annual policy then immediately offering to cut it to 120 when he rang up to complain.

    A new customer signing up to the RAC can buy what looks like the same cover for 100, so this would appear to illustrate the dangers of allowing a policy to automatically renew each year without checking that what you have been offered is a good deal.

    Get the full report from Guardian Money HERE




    I have always thought that automatic renewals of any or all insurances is a dangerous way to go.

    It is easy to cancel this order by just going online and finding the right section in your online account.

    Many insurance companies will in fact give you a renewal figure a number of weeks before it is due and this gives you the chance to either complain - as done above - or to simply cancel the contract before it renews.


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    zathrus
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    Re: Now the RAC are jacking up automatic renewal cover.

    Post by zathrus on Thu 15 Jun 2017, 11:28 am

    Almost all of the insurance companies try this on at some time or another.

    They depend on our laziness in not shopping around to keep these automatic renewals going.
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    papa_umau
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    Re: Now the RAC are jacking up automatic renewal cover.

    Post by papa_umau on Fri 16 Jun 2017, 11:18 am

    Yes, that is true Zath', as automated renewals do not make us aware of the new price until it has been done and dusted.

    I too have stopped all of the automated renewals on all of my insurance contracts.


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    Re: Now the RAC are jacking up automatic renewal cover.

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