LV Automotive Insurance coverage Evaluation – Forbes Advisor UK

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Who’re LV?

LV, or Liverpool Victoria, was based again in 1843 when it solely bought easy life insurance coverage insurance policies often called the ‘penny coverage’. Over the following couple of centuries, the insurer expanded considerably and added house, journey, pet and automotive insurance coverage to its suite of merchandise. 

The supplier additionally affords funding merchandise, pensions and annuities, plus fairness launch. 

LV’s automotive insurance coverage insurance policies are underwritten by Liverpool Victoria Insurance coverage Firm which is regulated by the Monetary Conduct Authority (FCA). 

Examine Automotive Insurance coverage Quotes

Select from a variety of coverage choices for reasonably priced cowl, that fits you and your automotive.

Why ought to I contemplate LV?

LV affords third celebration automotive insurance coverage, third celebration, fireplace and theft cowl, in addition to complete automotive insurance coverage insurance policies, relying on the extent of canopy required. 

All complete automotive insurance coverage insurance policies provide windscreen restore and substitute cowl, unintended injury cowl and key and lock cowl as customary. Motor authorized bills, assured rent automotive cowl, elevated private accident cowl and breakdown cowl can be added to insurance policies for an extra price. 

LV additionally affords multi automotive insurance coverage and electrical automotive insurance coverage insurance policies. 

Lastly, LV’s automotive insurance coverage insurance policies are rated five-stars by Defaqto.

Tips on how to contact LV

Clients with automotive insurance coverage queries can contact LV by telephone between 8am and 8pm from Monday to Friday, between 9am and 5pm on Saturdays and financial institution holidays, and between 10am and 4pm on Sundays. 

Current clients may also log into the My Account part of the web site if they should make adjustments to their coverage. 

Alternatively, LV may be discovered on Twitter as @LV, in addition to on Fb. 

Discover the very best cowl for you

When evaluating automotive insurance coverage insurance policies, affordability shall be one of the crucial vital components to think about, however it shouldn’t be the one one. Selecting the most affordable automotive insurance coverage coverage obtainable received’t essentially imply you could have ample cowl and will put you susceptible to being underinsured. 

All the time test the extent of canopy of every coverage to see what’s included as customary and what you would possibly have to pay further for. Operating a number of quotes with completely different add-ons will help you’re employed out which coverage is probably the most cost-effective total. 

Selecting a dearer coverage that provides the whole lot you want will work out higher to your pocket in the long term if it’s worthwhile to make a declare.

Why it is sensible to match insurance policies and suppliers

Automotive insurance coverage suppliers have historically provided their best costs to new clients, whereas those who have remained loyal to their insurer 12 months after 12 months have usually paid extra.  

Nevertheless, new FCA guidelines launched in January 2022 imply that automotive (and residential) insurance coverage corporations can now not cost present clients extra for his or her renewal than they’d cost a brand new buyer for the equal coverage.

Regardless of this, it nonetheless pays to buy round to your automotive insurance coverage every year to ensure you are getting the best stage of canopy on the best worth.  

It’s additionally a good suggestion to test buyer opinions on websites akin to Trustpilot to see how present policyholders price their cowl and customer support. Defaqto additionally provides star rankings to automotive insurance coverage suppliers and these could be a good indication of the service they provide. 


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