It wouldn’t be advisable to just pick an insurance company to work with in the UK without researching about them. It is always good to consider some factors when choosing an insurance company for any coverage you want. You might not have known the factors to consider, use the below checklist to help you tick your boxes
You need to check the following points
Policy coverage
Check what their policies cover and check your exclusions. Look at the different add-ons too
No claim bonus
You need to check the discounts you would derived from them with your no claim bonus. Also check to know about their rules on transferring bonuses to them and transferring theirs elsewhere.
Reputation of the insurance company
This is very important; you would need to find out the reputation of the company. You would have to read the reviews on the company online. Don’t forget to also read the customer’s feedback.
Process of claims
You have to check and find out their claims process. Is the insurance company always honest? Are they always straightforward? Read the reviews to know how long this take with each company.
Deductible options
You have to also assess the mandatory excess and check the options available if you need to increase it
You need to check the following points
Policy coverage
Check what their policies cover and check your exclusions. Look at the different add-ons too
No claim bonus
You need to check the discounts you would derived from them with your no claim bonus. Also check to know about their rules on transferring bonuses to them and transferring theirs elsewhere.
Reputation of the insurance company
This is very important; you would need to find out the reputation of the company. You would have to read the reviews on the company online. Don’t forget to also read the customer’s feedback.
Process of claims
You have to check and find out their claims process. Is the insurance company always honest? Are they always straightforward? Read the reviews to know how long this take with each company.
Deductible options
You have to also assess the mandatory excess and check the options available if you need to increase it
