Privilege Car Insurance customers offered switching incentive

13 July 2006 / by None
Leading insurance company Privilege is offering its car insurance customers a guaranteed £50 saving on their home insurance bill.

In expanding its renewal quote-beating service from car insurance to the home insurance market, Privilege says it will beat any of its customers' renewal quotes by £50 and will contribute up to £25 to cover any cancellation fees.

A survey by the company suggests that less than a quarter of people (24 per cent) who hold home insurance policies shopped around for the best deal and almost two-thirds (65 per cent) got their home insurance through their mortgage provider out of convenience.

Through its new offer, Privilege hopes to combat this lethargic approach and provide a competitively priced product to its existing portfolio of car insurance customers.

Its buildings cover provides a bursary of up to £1 million for the standard rebuilding costs of your home and outbuildings and the contents insurance contains several handy 'perks'.

New for old replacement items is included as standard and an automatic ten per cent increase in cover around the time of family weddings and the Christmas holidays is also advertised as part of the new Privilege deal.

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