There are several ways to find and buy insurance to cover almost every risk you might encounter. They include:
You could also be offered certain insurance cover as part of a purchase, or have it included within a policy you already have in place.
Examples of 'bundled insurance' include:
As well as 'bundled insurance' you may also be offered an extended warranty as an incentive to purchase, in addition to any warranty or guarantee period required by law.
The insurance and/or warranties described in these examples may provide all the cover you need. Be aware, however, that you may find more comprehensive, or more flexible cover that better suits your needs if you purchase it separately.
When you're looking at the cover offered by different insurance providers, it can be hard to make a useful or meaningful comparison.
For example, one might offer a lower premium, but include a higher excess payment in the event of a claim. Another might include a broader range of cover and benefits, but at a higher premium.
How do you go about selecting the right policy?
While price may be a deciding factor when it comes to choosing insurance, it's a good idea to check out a provider's reputation before committing. There are plenty of review websites that will give you genuine, honest and unbiased reviews from a provider's existing customers.
You might want to find out:
Increasingly people want to be reassured that their money is going to organisations whose values are aligned with their own. Paying a little more to insure with a brand you value and trust may be more important to you than going with the provider offering the cheapest cover.
You may also want to do a little research about a provider's ethical or environmental credentials, before committing to them.