A major worry for customers is when an insurance quote seems too cheap. It may surprise you but some people will actually turn down an insurance policy as they deem the low cost premium to mean that cover is poor. This is not always the case and there are a few things you can do to check you are getting the right deal.

Firstly, all insurance companies must be underwritten by the Financial Services Authority (FSA). Check which insurance company the policy is underwritten by and then check they exist on the FSA Register.

Check the policy summary or, if you have time, the full policy wording of the policy you are buying. Compare it to other policies you are getting quotes for. You will begin to notice subtle differences in the policies and you will be able to build up a list of policies that are better for you than others.

Add to this list the prices you are getting from the quotes. You will notice that some policies offer more cover and are actually cheaper than others. It will always have to be your decision as only you know exactly what you want but don’t be scared to go for the cheaper option if the policy being provided covers what you need.

The whole point of shopping around for a better deal is to lower your premium so don’t be scared when you actually manage to do it!