The renewal price was £45.80
The renewal price was £45.80, compared to the previous year's circa £13. I checked the breakdown, and it is similar to last year's: £11.88 + £1.42 tax, but now they included a £32.50 admin fee on top, with no tax BTW!
I am giving them 3* for good communication. The renewal email was well ahead of renewal, and they answered calls quickly.
Antwort von Ripe valuables insurance
Hello Mykola, thanks for taking the time to leave us a review.
I can confirm that there is an administration fee applicable which covers costs and expenses we incur in arranging your insurance cover. For example, those incurred in agreeing terms with the insurer, setting up the policy, creating your policy documents, regulatory costs, fees and levies. This arrangement and administration fee may vary according to the policy period, policy type and any optional additions to your cover.
All fees and charges are included within our terms of business included in your renewal notice given 28 days before your renewal date, you can see these here: https://www.ripeinsurance.co.uk/media/589173/misc_print_14736_termsofbusiness_july2023.pdf
If we can be of any assistance or if you have any queries, please contact us using the contact form on the following page, and a member of our team will get back to you shortly:
https://help.ripeinsurance.co.uk/hc/en-gb/requests/new
Kind regards,
Ripe Valuables Team