We've just had our renewal through, so I went onto the website to see if I could save some cash by letting the existing policy lapse and taking out a fresh one a day later (worked last year).
But the cheeky blighters have changed the policy terms for bikes for new customers. If you have any bikes worth more than £1000, you now need to declare each and every one (up to a maximum of 5). When I put in my info, the poilcy quote under the new system was more than 2x the existing renewal quote. Yowsers!
[EDIT: I meant to add - I rang them up and they assured me this is only for new customers. Existing customers who renew are still subject to the £4k per bike rule. Asked for it in writing, but call handler started wriggling like a fish]
K
Yes done this a few times, if you just renew you keep the old T&Cs
Ah, sorry if it's old news. I honestly did search before posting 😳
Yeah been that a good while now, around a year so you must have just dodged it last time.
Well I appreciate the heads up- best i get renewing asap.