How to compare insurance without looking only at the price?

Price is only one figure. The scope of cover, exclusions and the claims process often matter more.

Reading time: 1 min read
Updated:: 10 August 2026

Two quotes with the same price can offer a substantially different scope of protection. That is why comparison starts with what is covered, and only then looks at the premium amount.

Quick answer

Compare the scope of cover, exclusions, the excess and the claims process. Only once these elements are equal does the price difference show the real value of a quote.

What you need to do

Compare the subject matter and scope of cover
Check exactly what is insured, for what amount, and in which area the protection applies.
Read the exclusions
Exclusions describe situations in which compensation is not provided. This is the most important part of the terms.
Check the excess
A lower premium often means a higher excess that you pay yourself with every claim.
Check the claims process
Check the reporting deadlines, the required documentation and how you communicate with the insurer.
Compare quotes on the same basis
Request quotes based on the same details and the same scope of cover so that the price difference makes sense.

Prepare

List of what is covered
List of exclusions
Excess amount
Claims deadline and process
Policy duration and renewal terms

Common mistakes

Deciding solely on the basis of the lowest premium.
Skipping the section of the terms that lists exclusions.
Comparing quotes obtained using different details.

This text is general practical guidance from the SuravenT platform and is not legal, medical or financial advice. Verify current conditions and regulations with the competent institution or your insurer.