Have you shopped around?

Don’t compare on price alone as the cheapest policy isn’t usually the best cover for your needs, and it is important to compare both the price and the level of cover. Try to get at least three quotes.

There are many different ways to buy insurance, here are the main ones:

• an insurance broker or independent financial adviser
• Comparison sites and online insurers
• Banks and building societies
• Supermarkets and department stores

Don’t assume that insurance bought over the internet or from a comparison site is automatically cheapest, or offers the best cover. If you’re looking for car or home insurance, then comparison sites are a good place to start. But remember that no comparison site covers all the insurance companies.

Get quotes from more than one comparison website and look at them alongside quotes from insurers who don’t appear on comparison sites.