This new facility will be available to eligible customers from February 1st to 30th April 2010 via Paymentshield’s quote and apply system Inertia.
If Paymentshield’s BestQuote pricing does not already beat a client’s home insurance premium from a competitor, brokers can now use Price Match to reduce the initial quote and then beat the competitor premium by £1 per month. This comes at the same time as Paymentshield is offering 50% off its contents insurance premium when buildings & contents are purchased together.
Neil Galjaard, insurance director at Paymentshield explained, “With customers shopping around in order to find the best possible insurance deal brokers are under pressure to offer their client a competitive quote in order to win their business. For clients with 5 or more years no claims, Paymentshield is now offering 50% off contents when buildings & contents insurance is purchased together, however if our BestQuote pricing doesn’t already beat a competitor’s premium, Inertia will now reduce the annual premium quoted by up to £85 in order to not just match the competitor premium but beat it by a pound a month.”
To be eligible clients must have held a home insurance policy with a provider other than Paymentshield, for at least 1 year and have been claim free for the last 12 months. Price Match is available on Paymentshield’s BestQuote buildings & contents insurance option, including landlord’s insurance with all quotations compared on a like for like basis.