Asda Contents Insurance
Getting an insurance quote for home contents insurance from Asda is very easy and can all be done on their website although they state it's going to take 5 minutes of your time which sounds 4 minutes longer than most.
How do Asda Quote ?
Asda use a price comparison system that operated by a third party who are an insurance intermediary. This means that there are two organisations between you and the insurer so you may not get the best prices by using the online Asda insurance quoting system for any house contents insurance policies.
How does it work ?
The price comparison system Asda uses compares insurance from at least 12 household name
insurers including Legal and General, Axa and Aviva (although Aviva
do advertise that they're not on any price comparison websites). Their
headline is that you can save up to £122 but if you look at the
small print only 10% of customers have achieved this saving for both
buildings and contents insurance.
Almost anyone in the UK can save on their insurance because generally new customers get all the discounts where existing customers rarely do so by moving to another insurer will almost certainly reduce your annual premiums.
What about the cover ?
The cover that you receive via Asda is generally the same as other insurance policies although there are items that can sometimes cost a little more in your premiums, specifically you'll receive:
- New for old replacement of goods except for clothes
- Accidental cover for damages to electrical goods
- Automatic increases for Wedding and Christmas gift protection
Additional Discounts and Savings ?
There are limited promotions with Asda (unlike some other supermarkets who ties their financial services products into their loyalty card schemes and there are no specific online discounts.
The Asda home contents insurance product is good if you want to check a few other insurance companies but will probably offer you no better (perhaps worse) rates than the main price comparison sites or simply going direct to companies such as Direct Line.
Other Important FAQs
There are other important issues when looking at the range of Asda financial services especially with home and buildings insurance. First if you want to spread your payments out by monthly direct debit the Asda will charge you a massive 28.6% Apr interest rate for the privilege of doing this. So never choose this option as most insurance companies don't charge a premium and those that do charge a modest fee.
The Asda customer services for insurance products are open from 8am to 10pm Monday to Friday, 8am to 6pm on Saturday and 10am to 4pm Sunday although their claims lines are open 24 hours a day which is useful.