Facts & Articles On The Different Types Of Insurance
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Don?t Just Renew ? Review Your Insurance!
If one of your insurance policies is coming up to renewal ? for example, your household, motor, pet or annual travel insurance policy ? don?t automatically accept that your current insurer is offering you the best deal there is.
Most insurers know that when it comes to renewal time, around 70% of their customers will accept the quote, without even seeing if they could get it cheaper elsewhere. This could be because the customers feel don?t have the time or the inclination to bother or genuinely believe they are being offered the best deal there is.
However, this complacency could cost the consumer tens ? even hundreds ? of pounds every year. Insurers are running a business after all and most will not reward their customers with cheaper premiums for loyally sticking by them.
By shopping around ? either by going online or by using an independent broker - you could save yourself a hefty wad of cash and it doesn?t have to be a time consuming exercise.
And while the average consumer is probably sick of being told that ?you must shop around? even the Financial Services Authority (FSA - which is the independent regulator set up by Government to look after the financial services industry and protect consumers ? advocate it!
Do note however that when looking for a cheaper deal, whilst price is important, you should never, ever compromise on cover. No doubt, there will always be an attractive home or motor insurance deal available, but the cover may not be adequate for your needs. The sum insured may not be enough or the policy may not have the same features and benefits.
Therefore, always compare any new quote on a like for like basis with your existing cover and not forgetting to look at the small print and any exclusions.
It doesn?t take long to get alternative quotes and in most cases, you?ll be quids in!
David Thomson is Chief Executive of BestDealInsurance (http://www.bestdealinsurance.co.uk) an independent specialist broker dedicated to providing their clients with the best deal on their home, motor and life insurance.
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Guide To Private Health And Dental Insurance In The UK
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IFG Insurance Retracts its Announcement of May 7, 2008
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How To Choose Auto Insurance
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Car Insurance, It Is That Easy
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Life Insurance. Do You Need Life Insurance?
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Understanding Home Buildings Insurance
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Battle of the Sexes for Cheapest Car Insurance
? Twenty-something men pay 41 per cent more for motor cover compared with men in their thirties
? Motor insurance for men is nine per cent more expensive than women
Tips On Buying Good Travel Insurance
Buying good travel insurance encompasses suitability, reliability and price.
What To Look For In A Full Coverage Automobile Insurance Quote In Alabama
There is often a great deal of difference between the minimum amount of insurance that the state of Alabama requires of a driver in order to operate a motorized vehicle on the roadways in Alabama, and the full coverage insurance that most lenders require when they finance the purchase of a vehicle.
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Best Car Insurance
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