{"id":5696,"date":"2016-02-24T14:00:33","date_gmt":"2016-02-24T07:00:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/there-was-i-thinking-nationwide-actually-values-my-custom\/"},"modified":"2016-02-24T14:04:09","modified_gmt":"2016-02-24T07:04:09","slug":"there-was-i-thinking-nationwide-actually-values-my-custom","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/there-was-i-thinking-nationwide-actually-values-my-custom\/","title":{"rendered":"There was I thinking Nationwide actually values my custom!"},"content":{"rendered":"


\nIt keeps on hiking my house insurance premium with no explanation because it is \u2018commercially sensitive\u2019 informationI have been a longstanding customer of Nationwide building society because, until now, I believed it valued its customers. However, in 2014 the renewal premium on my house insurance went up from \u00a3370 to \u00a3471 but when I queried this, it did offer a discount of \u00a342. When the renewal for 2015 came through the premium was again far more than seemed reasonable at \u00a3545. This time, no discount or explanation. I found the same level of insurance with M&S for \u00a3249. When I threatened to cancel with Nationwide, it merely said if I wanted to try again next year it might be able to give a better price. When I asked for an explanation for the large rise, I was told this was \u201ccommercially sensitive\u201d information. PH, Penrhyndeudraeth, GwyneddOf course the information is \u201ccommercially sensitive\u201d. No insurer wants to admit they are penalising loyal customers to fund discounts to attract new ones. Nationwide tells me \u201cprices on renewals often fluctuate due to a range of variables including regional and economic factors\u201d. It adds that increases are index-linked. None of which would seem to justify a 27%\u00a0increase. Continue reading…
\n
\nSource : theguardian.com
\nRead more…There was I thinking Nationwide actually values my custom!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It keeps on hiking my house insurance premium with no explanation because it is \u2018commercially...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-5696","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1tS","jetpack-related-posts":[{"id":9282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-accident-was-not-my-fault-but-my-insurance-premium-rose-50\/","url_meta":{"origin":5696,"position":0},"title":"Car accident was not my fault but my insurance premium rose 50%","date":"February 19, 2015","format":false,"excerpt":"\r Equity Red Star car insurance costs soared after no-fault collision with a busWhen I received my annual renewal notice for a multi-car insurance policy with Equity Red Star, I found my premium had risen by 50%. On checking, I discovered that a \u00a31,350 claim had been made against me\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-the-frame-the-real-cost-of-making-an-insurance-claim\/","url_meta":{"origin":5696,"position":1},"title":"In the frame \u2026 the real cost of making an insurance claim","date":"November 13, 2017","format":false,"excerpt":"\r I claimed \u00a3123 from LV= for broken spectacles but my premium has gone up by \u00a371I am in dispute with LV= over the renewal of my home insurance which has gone up from of \u00a3160 to \u00a3231. When I queried this by phone I was told it was mostly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-your-breakdown-cover-going-up\/","url_meta":{"origin":5696,"position":2},"title":"Beware your breakdown cover going up","date":"June 25, 2016","format":false,"excerpt":"\r Car owners should check renewal notices to avoid a surprise premium riseCar owners who buy annual breakdown cover are being warned to check their renewal notices closely after Direct Line more than doubled one Leeds woman\u2019s annual premium without explanation.Sue Sharp*, who also buys her home and car insurance\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78125,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-rough-ride-for-drivers-as-insurance-costs-set-to-soar\/","url_meta":{"origin":5696,"position":3},"title":"A rough ride for drivers as insurance costs set to soar","date":"January 27, 2018","format":false,"excerpt":"\r The \u2018average\u2019 premium now stands at \u00a3481, with the north-west the costliest region followed by Northern Ireland and LondonWhen your car insurance renewal letter next lands on your doorstep, you could be in for a nasty shock.Costs have risen to a new high, according to the Association of British\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/direct-line-why-has-my-home-insurance-gone-up-by-442-in-one-year\/","url_meta":{"origin":5696,"position":4},"title":"Direct Line, why has my home insurance gone up by 442% in one year?","date":"September 23, 2017","format":false,"excerpt":"\r The firm\u2019s new tool for assessing flood risk could see home premiums soar, as one reader with a \u00a31,000 policy discoveredWhen Paul Barlow from south London opened his latest home insurance renewal quote from Direct Line, he was staggered by the increase in the premium. The year before the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-individuals-can-seek-to-defer-property-loan-insurance-premium-payments\/","url_meta":{"origin":5696,"position":5},"title":"COVID-19: Individuals can seek to defer property loan, insurance premium payments \u00a0","date":"April 1, 2020","format":false,"excerpt":"\r \u00a0 Homeowners will soon be able to apply to their banks to defer repayments of property loans until 31 December this year, as part of the measures unveiled by the Monetary Authority of Singapore (MAS), in partnership with the financial sector, to help ease the financial burden brought about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5696"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=5696"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5696\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=5696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=5696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=5696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}