Auto-renewals on LV= home insurance could be costing you significant extra money every year.
Rightly Save helps you never miss an insurance renewal so you can get organised and search for a better deal. It’s automatic, quick, simple and free.
Use Rightly Save to save time, save stress and save money.
How Rightly Save works
Sign in with an email address LV= will recognise and we’ll do the rest.
How it works
This is a beta version of our new service. In just a few clicks we’ll help you find all your insurance policies.
A PLACE FOR EVERYTHING
See your list of policies organised all in one place where you’ll be able to see the renewal date for each policy.
Set up reminders so you never miss another renewal date and have time to find a better deal.
Is LV= home insurance renewal automatic?
Whether or not home insurance renews automatically depends on the specific policy you have. Some insurance providers will automatically renew your home insurance policy on the renewal date, provided that you’ve set up automatic payment or have paid your premium by the due date. But if that happens, it can mean you simply pay more every year and miss out on the opportunity to find a better deal.
Some policies may require you to manually renew your coverage each year. Also, if there have been any changes to your policy, such as a change in coverage, you may need to review and update your policy before it can be renewed.
How can I prevent my LV= home insurance renewing automatically?
If you’d like to prevent your home insurance from renewing automatically, contact LV= before the renewal date and request that they cancel the automatic renewal. This will typically involve sending a written request by email or making a phone call to the customer service department.
It's important to note that if you cancel your home insurance policy, you’ll need to obtain new insurance coverage. So, if you decide not to renew your current policy, you should make sure to purchase new coverage before your current policy expires.
Why should you prevent LV= home insurance from renewing automatically?
Insurance companies often rely on people allowing automatic renewals of insurance policies to roll them over, with no offer of a better price. Usually just an increase on the previous year. So you might want to consider not allowing automatic renewals so you have a chance to switch to a better policy instead of continuing with the current one.
It's important to regularly review your home insurance policy to make sure you have the coverage you need at a price that makes sense for your budget. If you're unsure about whether or not to renew your policy automatically, it's a good idea to contact your insurance provider and discuss your options.
Why use Rightly?
Lots of reasons, beating finance apps or just doing it yourself. Rightly Save helps you organise your renewals more effectively than finance apps so you can go after better deals in good time. It’s better than trying to do it all yourself too.
Accurate renewal dates
On time renewal reminders
Reminders from one place
No bank account connection required
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LV=, also known as Liverpool Victoria, is a UK-based insurance company that provides a range of insurance products, including car insurance, home insurance, pet insurance, travel insurance, and life insurance, among others. The company was founded in 1843 and has grown to become one of the largest insurance providers in the UK.
LV= is known for its focus on customer service and has won several awards for its service. The company offers a range of benefits and optional add-ons, such as no-claims discounts, 24-hour claims helpline, and emergency home repair service.
LV= also places a strong emphasis on sustainability and corporate responsibility. The company has set ambitious goals to reduce its environmental footprint and increase the sustainability of its operations. In addition, LV= is committed to supporting the communities where it operates and partners with a range of charities and community organisations to make a positive impact.
LV= has a reputation for offering competitive pricing and comprehensive coverage. The company offers a range of discounts for customers, such as multi-car discounts, loyalty discounts, and discounts for purchasing multiple policies.
Overall, LV= is a leading insurance provider in the UK, known for its strong customer service, competitive pricing, comprehensive coverage, and commitment to sustainability and corporate responsibility.