Halifax home insurance customers will be happy today as they find out that they will receive GBP50 as a thank you for their loyalty to the company.
Each year that customers stay with the Halifax and have a claim free year they will receive GBP50, the award to be ongoing. The decision was made to introduce the payment after feedback from customers showed that they would like to their loyalty recognised. In addition to the payment customers will also be pleased to see that they can save up to GBP125 just by switching their buildings and contents insurance to the Halifax.
The head of marketing felt that this loyalty payment was perceived much more positively than the usual incentives and promotions offered by some other insurers.
Tesco Finance are telling UK consumers that there are savings to be made on insurance products, it is down to people to go and get them.
Take as an example home insurance renewals. 44 percent of consumers found their premiums had gone up, but nearly two thirds of people then stayed with their existing insurer rather than looking for an alternative at a lower price. It is not difficult to change insurers said a Tesco Finance spokesman, it simply needs a little motivation to get started.
The different comparison options available through the internet can really help with this process, making it quick and easy to see policies side by side. Tesco Finance recommend all consumers should do this and see if they can reduce their outgoings.
The age of 46 has been found to be the point where own the greatest value of possessions according to a More Than survey.
At this age we average just under GBP41,000 worth of possessions it has been found, with the next best age being 28, when the figure is a little over GBP33,000. However over half of us actually have no idea of the value of items they own, which is a pretty important point when it comes to arranging adequate home insurance.
For anyone wanting to work out their own possessions value More Than Insurance have very kindly added a calculator to their website that will do just this. So pop along and work out whether you have enough home insurance cover today.