• breadsmasher@lemmy.world
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    5 days ago

    USA centric.

    This is known as policy walking and has been banned in the UK by the FCA.

    (edit - specifically for insurance)

    • mic_check_one_two@lemmy.dbzer0.com
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      4 days ago

      I’m downvoting specifically because you took the time to return to your comment and ping users with a mention, just to complain about downvotes.

    • Chippys_mittens@lemmy.world
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      5 days ago

      You said dumb shit (as you have in the past) and every time I’ve engaged with you I’ve left said engament feeling dumber. You’re barely worth the effort it takes to press downvote. Why do you care?

      • breadsmasher@lemmy.world
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        5 days ago

        It was a question. I do not recall you at all. Why do you care enough to follow me around and downvote?

        what “dumb shit” have I said today? Would you like to correct me on UK insurance law? How did that “make you feel dumber”?

        • Chippys_mittens@lemmy.world
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          5 days ago

          I look at posts in this community, shitpost and showerthoughts. I remember you saying dumb shit and arguing with you more than once. You can do the research to find said interactions. I’ve added an edit to my prior statement to explain why what you said was shitty.

          • breadsmasher@lemmy.world
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            5 days ago

            I gave specific, UK advice, in a thread that isnt country specific, since the comment I replied to was defaulting to USA centric. Not sure why youre so upset about that? At least I clarified the exact country Im talking about, rather than assuming everyone is from the same place.

              • breadsmasher@lemmy.world
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                5 days ago

                Youre the one following me around arbitrarily downvoting.

                I looked back at our last interaction. I actually said something positive. I was sincere about you enjoying starfield. Why is that “making you feel dumber”?

                  • breadsmasher@lemmy.world
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                    5 days ago

                    And what about my comment was “dumb”? was I incorrect about Uk insurance law? or the commenter posting country specific information without clarifying what country they’re talking about?

    • TheAlbatross@lemmy.blahaj.zone
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      5 days ago

      Wait what??

      The consumer is barred from swapping providers annually to get better rates? Or are they barred from lying about fake quotes to get a better rate from their current provider?

      • breadsmasher@lemmy.world
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        5 days ago

        A new customer and a renewing customer should get the same price.

        If you go to an insurance company to get a quote, as a brand new customer or a renewal, the price should be the same.

        Historically, its to prevent companies giving lower prices for the first year and then raising it for the second year.

        Youre not allowed to increase the price just because its not a new customer.

        Its nothing to do with regulating the customer - its regulating how insurance companies price their products for new vs existing customers.

        I said policy walking, but price walking might be the more accurate term

        • TheAlbatross@lemmy.blahaj.zone
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          5 days ago

          Oooooooh that makes sense! Thanks for explaining. Yeah I wish we had legislation around it here, it’s stupid that I have to play games to get lower prices on things.

        • bamboo@lemmy.blahaj.zone
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          5 days ago

          Wish that were the case where I live. Still I’ve noticed that what they’re now doing is offering the same price to everyone, but then giving the option of free Netflix for 1 year as a sign up bonus or the equivalent credit towards your service for that year, which effectively is the same practice.

      • Mark with a Z@suppo.fi
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        5 days ago

        To me the it sounds a bit more likely that they’re regulating insurance companies and not the customers.