Paymentshield launches buildings and contents price match

Paymentshield has launched a new Price Match Facility on its BestQuote Buildings & Contents Insurance also available to intermediaries.

The new facility will be available to eligible customers from Paymentshield’s quote and apply system Inertia, said Paymentshield.

If Paymentshield’s BestQuote pricing does not already beat a client’s home insurance premium from a competitor, it said, brokers can use Price Match to reduce the initial quote and then beat the competitor premium by GBP 1 per month. Paymentshield is also offering 50 per cent off its contents insurance premium when Buildings & Contents are purchased together.

Neil Galjaard, insurance director at Paymentshield said: “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 five or more years no claims, Paymentshield are now offering 50 per cent off contents when buildings & contents insurance are purchased together, however if our BestQuote pricing doesn’t already beat a competitors premium, Inertia will now reduce the annual premium quoted by up to GBP 85 in order to not just match the competitor premium but beat it by a pound a month”.

Clients must have bought their last B&C policy through any provider other than Paymentshield or been claim free for over a year.

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.