MANY broker websites will tell you that they Compare Landlords Insurance but in reality this may be a lot different to the price comparison that you expect or might be used to.
Brokers normally can and do compare a number of insurers that they use before offering the customer a price for their Landlords Insurance. The price and amount of cover will depend on their business relationship with the insurers. Typically the better the relationship the better the prices/cover available.
But regardless of the relationship or competitiveness of the broker, they are technically comparing their insurers and they will jump on the element of personal comparison bandwagon to try and win sales. This is in contrast to what most people expect with price comparison, when a number of different brokers and insurers compare all their own providers’ prices and then offer you their lowest price; then you compare the lowest of the low.
The only way you can really Compare Landlords Insurance prices in the UK today is by calling a number of different brokers and insurers and comparing the price and policy cover yourself. And you need to be careful of the sales pitch and pressure they will put you under with things like ‘buy it now’ and ‘price guarantee’. That is to get your money before you price check elsewhere.
It is worth getting at least two or three different quotes before deciding which one to go with – otherwise you may be paying too much.
The good news is that you will soon be able to Compare Landlords Insurance prices thanks to The Property Insurer. It is in final testing for a price comparison system similar to what customers use for standard home and car insurance. It is due in March 2012. In the meantime it offers you some of the best Let Property Insurance on the market with two of the best specialist providers in the UK – so visit The Property Insurer if you want a competitive quote.
The Property Insurer