MiWay Offers Tips to Buy the Right Insurance Cover

July 11 - How do you know which insurance product is right for you?  There are so many options available out there, that you can't be blamed for getting hopelessly confused.  Why are some insurance policies cheaper than others for seemingly the same product?  How do you know that an insurance group has a sound reputation?

MiWay Insurance has come out with several top tips for consumers who are at the deciding stage and aren't too sure of how to move forward and sign on the dotted line.

The Head of Claims at MiWay, Max Huggins, listed some of his best advice for these consumers.

Firstly, they will need to decide whether they want to work through a broker or go directly through an insurer.  There is no right or wrong way - some people like the attention of a broker, while others prefer the competitive prices of direct insurance.

Founding out how trustworthy an insurance group is, is very important.  This can be done by learning about personal experiences among friends and family by word of mouth, or by reading about the insurance group online and checking out objective reviews.

Price comparison is imperative, and consumers should ask for quotes and compare the exact products before making a decision.

Look at the Extras

The extras offered by one insurance company over another may work out to be worth a lot more in the long run. Look out for services such as 24/7 road assistance, home emergency services and more. They are not standard at many companies, and could be worth a lot.

Consumers should also see how they will be rewarded in case they don't make claims. Long term bonuses could provide more bang for the buck.

Finally, a good insurance company should be easily accessible and respond fast.  Check to see how to get hold of the company and do a test-drive of their customer support. It's best to see these things during a practice run than to find out that there is nobody to talk to on the other end in a real emergency.