Our home insurance policy is up in the next two weeks. This time of the year really doesn't suit us as the car insurance is up at the same time, plus we generally take our holidays in June (when we can afford it!).
We've been with AA for 10 years. This year we got a very high quote from them which I'm not happy with (and which they're not budging on) so I want to move insurers, however we currently have our insurance on direct debit over 9 months, and if we moved we would, most likely have to pay upfront which we can't afford this month.
So I was thinking we might keep the current policy with AA for, say, 3 months, then move to someone else. This way we get to move the renewal date to a more suitable time and get the cheaper premium in 3 months time when we can afford to pay the whole amount upfront -hopefully!
Is this likely to be a problem and might we be penalised for it? Should I tell them now what my plan is or just change it in 3 months time? They get their 20eur commission in the first month so they probably don't really care??? The insurance co. is Zurich.