I had regularly renewed both building and contents annually since 2003. In November 2008 I received a quote of £350 for buildings and £141 for contents. It took no time at all on the web to find a combined policy for £248 with exactly the same terms and with the same insurance company (MMA). The AA renewal quote says "Don't worry. {we} have searched our panel of over 10 leading insurers to get you a great price". It is nonesense. When I complained about that wording they said it was not misleading. When I asked for an explanation for the massive difference in pricing they said that my new broker was probably "providing a service with much lower commission". They made no attempt to offer a reduced quote but thanked me for my loyalty. DO NOT USE THEM.
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It certainly does pay to shop around at renewal time...plus if you go through a cashback site, they give you loads of money back (Churchill paid me £80 via Cashback Kings last year) Lexy