I thought I’d written a post on this topic near my beginnings on this community. Can’t find it.
Feeling my billed renewal had escalated too much, I started out just re-quoting with my existing Home Contents supplier at the time (AAMI) to find an instant reduction of ~15% from memory. I live in a unit amongst several identical units all with individual street addresses, so I just tried re-submitting the same quote submission with the different street numbers. The units are virtually identical, with some variation in external land. The neighbour on one side was 20% more expensive, and the other side 30% lower cost. The one around the corner (different street) and arguably the most valuable was also about 30% less.
Called AAMI. I wonder what address information they hold per address that makes the same contents value cost more or less for insurance. I was reasonably certain none of the neighbours had claimed within previous 5 or more years.
The call centre agent basically couldn’t do anything not in front of them. I could get the 15% discount by cancelling the old policy & starting a new one.
This now very grumpy customer didn’t do that, he went elsewhere for the ~30% type pricing.
