Have now switched to Saga. Went through the details again with them and confirmed was like for like, except their excess was £100, not the £50 against my existing insurers.
It was new for old on the £53 cover, but did spec. up to cover lots of other things e.g. old for new on the contents of my wardrobe ..
which is usually not covered in this way. So, now stands at £77 per year.
Can't believe the saving I have made .. with car/content's insurance .. approx. £765 for at least the following 12 months !!!
Trouble is think you can get a little lazy or too busy to bother when you are working full time.
Thanks for the replies .. you inspired me... x