GET THE BEST DEAL

THINK ABOUT YOUR EXCESS

The ‘excess’ on a policy is the amount the policyholder has to pay in the event of a claim before the insurance pays out. The higher the excess, the lower the premium.

SHOP AROUND FOR COVER

Compare different policies and premiums before making a decision. Don’t just buy the cheapest – make sure its right for you. Check price comparison sites such as Gocompare.com, Comparethemarket.com and Moneysupermarket.com.

PAY ANNUALLY, NOT MONTHLY

Premiums are quoted as an annual price – but you can opt to pay monthly. This will work out more expensive, as interest is added. So, it’s cheaper to pay for your annual cover upfront.