Best UK Insurance Companies List 2019 Ranking

Best UK Insurance Companies List 2019 Ranking

Best UK Insurance Companies List 2019 Ranking

It’s easy to buy insurance policy because of the comparison websites when you have the UK Insurance Companies list. If you want to get the details and there’s a list of providers that are happy to take on your business in an instant, you need to type the name in simple.

The insurance premiums reached record highs at the end of 2018 where the average annual policy costing £485, which figures from the Association of British Insurers (ABI). Many buyers often go for that first with this in mind, and sites that often rank providers based on the cheapest quote. However, because of the firms that settle cases quickly will save some headaches, this is only half the story.

Overview of the premium in the UK Insurance Companies

The premiums reach record highs of the UK insurance companies according to the data from the ABI. As a result, the cost of a policy is often on the minds of people. It’s said by less than 4% of people that they paid less than £300 for their insurance last year. On the whole, with the number is forking out more raising, the proportion of motorists who paid less than £500 for their policy fell.

Besides, more than £1,500 for their policies pays 1% last year. So, keep in mind that just 5% of buyers ask their provider for a discount while the percentages look impressive. But, it’s clearly a habit all buyers should get into when you see some of the savings these drivers made.

Top 10 Best UK Insurance Companies List of 2019

Either you’re a policyholder or going to buy a policy, both of you need to know about the top and best UK insurance companies. This is because you’ll be able to judge their offer and strong points. This is why there are the top 10 best UK insurance companies in 2019 below:

  1. NFU Mutual
  2. Police Mutual
  3. Liverpool Victoria
  4. Privilege
  5. Axa
  6. Sainsbury’s Bank
  7. Quote Me, Happy,
  8. Sheilas’ Wheels
  9. Zenith
  10. Nationwide

1. NFU Mutual

In the list of the best UK insurance companies of 2019, NFU Mutual is at the top. The company is having now swept the board for three consecutive years with the habit of acing the insurance satisfaction survey. It’s able to direct all its efforts and investment into products that work for its members/policyholders with no shareholders looking to extract a return.

Then the results come to see with clear evidence. It speaks volumes about the high regard customers for their insurer of choice with a frankly stellar result. This is because of a single category except one of its winner outperforming rivals. Also, we take our hat off to NFU Mutual for providing such consistently great service and its no wonder retention rates.

2. Police Mutual

If you don’t serve in the thin blue line, or it relates to someone who has, you may not hear of the Police Mutual society. However, with reasonably comfortable rules on family membership, it might be worth checking out whether you have a qualifying relative, it’s been providing financial services since 1866. Particularly, it’s in light of the superb feedback that it’s achieved.

If you need to know about its commitment to service then a host of second, third and fourth places across virtually every category tells you all. Actually, the 11th place for satisfaction with information supplied during the assessment phase looks slightly churlish with such high scores.

3. Liverpool Victoria

There are no shareholders and is owned by its members because Liverpool Victoria (LV) is a friendly society. There’s evidently an ethos at LV to put the customer first with its car insurance policies issued by a subsidiary company. It’s just impressive because it’s in the third place where it’s no category scores falling outside the top 10 in the list of UK insurance companies. It’s a great help for the firm to reach the third step on the stands. LV’s already strong ninth place overall in last year, which is their great improvement.

4. Privilege

The Direct Line Group’s branch is Privilege, which specializes in insurance, especially in selling the car. This is the business that obviously got down to a fine art judging by fantastic feedback. It performs decently across the board with no categories patent below par because of seventh place for value for money. As a result, it’s in the fabulous fourth place with overall ratings. The company claims may assess, in the helpfulness of staff, and in payout time, but customers feel it could do better in communications.

5. Axa Insurance

AXA has 300-year-old roots in the insurance industry and the name was created in the eighties. This is the merging of some of the 18th century’s companies. It sells direct as well as via aggregator websites and brokers having about 10 million customers in the UK. Thanks to a bank of strong results around the claim process as AXA earns its laudable fifth place. When claims get assessed, and speed of settlement is up with the best then the feedback is excellent. But, the customers are only averagely impressed by the process of getting covered because the value for money is another winning attribute.

6. Sainsbury’s Bank Insurance

it administers its own car insurance business rather than buying in a ‘white label’ product as the Sainsbury’s Bank is the financial services arm of the supermarket giant. According to our survey respondents, it also does things pretty well. It’s one of the brand’s highest ratings is 10th overall for value for money that’s purchasing cover is pretty easy. Because plaudits offer for the speed of settlement and the telephone process, so the claimants also are happy shoppers.

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7. Quote Me, Happy

It’s from UK multinational Aviva and is an online-only insurance brand. As it’s a very solid seventh place under its belt, it seems to be living up to its name. When getting quotes and purchasing a cover, it’s an online-only service. However, when claims may make the call center steps up to the mark and delivers an impressive level of service, it’s a process rate just outside the top list.

8. Sheilas’ Wheels

Aiming at women drivers, Sheilas’ Wheels is a provider who clearly is doing many things correctly. But, because of ease of purchase being way adrift, there’s also a huge disparity between some of the categories. As the company definitely comes well when things go south, yet this is about the only blemish on the report card. Ensure is the parent company of Shaila’s Wheels.

9. Zenith

As its terrific scores for how it deals with claims and a very strong top 10 results for value for money, Gibraltar-based Zenith Insurance’s performance is far from rocky. Their prices are often the prime motivator and attract the clients via aggregator websites. These websites include GoCompare, Compare the Market, and Confused.

10. Nationwide

Nationwide gets quite a lot right about its insurance product as a top 10 rating for customer satisfaction suggests. However, you’re in for a disappointment if you’re heading over to its website on the strength of that recommendation. As a result, Nationwide pulls the plug on its insurance business to concentrate on other areas. This is why if you’ve got one enjoying, the move won’t affect existing policies.