Our Suncorp Home & Contents policy is due today so I once again wasted some time looking at quotes from other insurers.
Suncorp originally quoted us $1,945.77 which was a huge rise on our negotiated price for our previous renewal of $1,648.53.
They had increased the sum insured for the home by 3% and for the contents by 5%, but the premiums for each had increased by almost 20%.
I called them a few days ago, and after leaving the sums insured at the previous amounts, dropping cover for accidental damage which we do not need and have never claimed for, and a little bit of arm twisting, we got the amount down to $1,696.54, only $48.01 more, or less than 3% more than last year.
I tried Coles yesterday and when I pressed the Get Quote button, the application was declined as they do not cover our postcode. Apparently, they only cherry-pick the market.
Today I tried CommInsure, RACQ and APIA for identical coverage.
Can someone remind me how we can get a better deal by changing insurers?