What is the best way of getting cheap uk travel insurance?

Ultimately, the best way to get cheaper UK travel insurance is to give yourself as much of a chance as possible by taking the time to research the market thoroughly and compare the different prices that you can get for insurance cover. After all, you can get travel insurance in so many different places and in so many different ways these days. You can get it on the internet of course, or you could phone up quite a few people and get it that way. Then there are forms you can fill in at supermarkets, and you can even get travel insurance at the airport by picking up some forms that are now available, where all you have to do is call a number, give them your details and you are covered.

The easiest way to compare travel insurance rates though is by using comparison services. The best place to do this is on the internet. Most personal finance websites will have a travel insurance comparison service where you can enter some details such as where you are going, how many of your there are and whether you will be partaking in dangerous sports. You may also have to fill in your age and answer some questions about your medical condition. After this you will be presented with a selection of quotes, most probably ordered by price. The obvious choice may be to choose the cheapest policy. But you need to be careful here.

You mustn't just blindly plunge in for the cheapest quote that you get. Instead you should look at the policy details carefully to assess the benefits of them. For instance, what is the excess that you have to pay on the policy when you claim. Some companies will go to the head of the low price list for premiums by making you pay a higher excess when you claim on the policy. If you are paying a lower premium but have to pay the first £500 of every claim you make, then you should think about taking a slightly higher premium for £100 excess. A cheap policy is not necessarily the lowest premiums, it's the cheapest overall.

Then you need to look at what is actually covered. Some policies with cheaper premiums do not give you a lot of cover and you may be better off taking a policy with more cover. You need to have a lot of medical cover, particularly if you are going to the USA. You also need to cover your personal belongings adequately, as you can never be sure about security. Also, if you are going on a skiing holiday, ensure that you are covered adequately for it.

© AskFinancially.com 2008

Travel Insurance

Insurance & Loans

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What is the best way of getting cheap uk travel insurance?

© AskFinancially.com 2008

Travel Insurance

Insurance & Loans

Copyright