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Got an insurance quote? Don’t take that as the final price

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Consumers are being urged to not accept the initial insurance premium quoted by insurers as ‘insurers can be willing to listen to personal circumstances'.
Got an insurance quote? Don’t take that as the final price

According to, it is a myth that the premium you are quoted is the final figure for what you have to pay on your insurance premiums.

For example, customers with a higher than average body mass index are being charged up to 50% more by a number of mainstream insurers, particularly those that usually head the league tables for cheapest premium before underwriting.

However, there are insurers that who will allow a smaller premium for being slightly overweight and consumers should turn to the insurers’ personal service rather than the online systems.

Michael Ward, managing director of payingtoomuch, said, “A considerable saving could be made if a premium is challenged for the right reasons and being slightly overweight for life insurance is a very typical example. This is where the online service stops and the personal service starts.

“The advice I would give is that if you feel the premium being charged is unfairly loaded contact the insurer, or in our case we would be happy to do that on your behalf if we believe you have a reasonable case and there should be room for an adjustment, and talk to their underwriters who set the rates – you may be surprised what savings can be made.”

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