Additional Saving Tips

This is a really good one that somebody told me about the other day. Their yearly car insurance contract was coming to an end and they were looking to renew. They wanted to stay with the same company that they have always been with.

After calling the company and asking for a discount, they were happy when the insurance company offered them an $8 a month discount to re-sign for a year. This was given to them because they were such a loyal customer. This is not too shabby to get a $96 dollar discount just for asking.

Then this person in question had a brainwave. He went to the car insurance website and filled out an online quote form, as if he was a new customer. He included the same details about the drivers and the car. Well, you will never believe what happened. The offer for this new customer was $14 less a month than they had previously been charged! This is a total saving of $168.

This company was caught red-handed. They were giving lower prices to new customers rather than looking after their older, stable customers.

He called back and demanded the lower price with his evidence in hand. He was quickly given it.

Surely this has to be the height of rudeness. You have been a loyal customer with a company for a long time but they give discounts to brand new customers. And guess what, it happens in all industries; insurance, telecommunications, banking and utilities.

If you want to stay with the company that you have always been with that is fine. Just make sure you check that they value old customers as much as a brand new customer.

Saving in this case $168