Is LV a Good Insurance Company?

Is LV a good car insurance company?

3,7 Safe overall rating for LV car insurance

It is no surprise that LV is the Insurance Company of the Year for 2019, all services provided were explained in a detailed format, the website is customer friendly, and the prices are well within range. There is a wide range of covers up to five that LV provides and additional options can be added to it as deemed fit by the customer. Also, LV has a high ranking both on TrustPilot and Reevoo. Apart from the lack of a chatbox, there is little or nothing else missing. It is comes highly recommended as a car insurance company to try out.

In addition to typical car insurance coverage choices, LV offers, among other options:

Breakdown cover

During a breakdown, LV provides the following services:

• A 46-minute average response time so you would not be left stranded for so long
• 24/7 customer car service
• Cover for anyone driving the nominated vehicle at that point.

There are about 5 Breakdown covers provided by LV but the most comprehensive of all that offers services such as roadside repair, home assistance, alternative means of transportation or accommodation, breakdown cover in the UK comes at a £142 per year cost.

Windscreen cover

Claim on windscreen are covered by the comprehensive cover that LV provides.

Motor legal protection

For £25.99 per year, the motor legal expenses cover provided by LV protects you from the potential costs of legal action if you're involved in a car accident. A legal cover of up to £100,000 is provided and this can be used to help you recover any uninsured losses, like personal injury compensation, loss of earnings or hire car costs while yours is being fixed. However, as a driver, you would not be covered for claims that don't have more than 50% chance of success.

Personal injury policy

LV offers a £10,000 fee in terms of compensation for the personal accident cover and this is under the comprehensive car insurance. This option will protect you, your partner or a named driver on the policy if you or they suffer a serious injury while travelling in, or getting into or out of your car. For an additional payment of £19.90 per year, you can increase your personal accident cover to £100,000.

Besides main car insurance coverage, you can also get extra car insurance options at LV. Get to know more, read our complete review on LV car insurance.

Is LV a good travel insurance company?

4 Safe overall rating for LV travel insurance

Liverpool Victoria is one of the leading insurance companies in the UK and is authorised and regulated by the Financial Conduct Authority as well as the Prudential Regulation Authority (PRA).

They offer Single and Annual Multi Trip Policies across 2 levels of cover: Essential and Premier. Their Premier level of cover has a 5 star rating on Defaqto.

Unfortunately, aside from the main insurance covers and the optional additional covers such as the Winter Sports and Cruise covers, LV doesn't any other type of travel insurance such as Backpacker or Longstay.

We would recommend LV's travel insurance to anyone looking a simple travel insurance cover that is affordable.

For single and annual multi-trip cover, age and maximum number of days limits at LV are:

You will find LV cover details (compensations, deductibles, extras etc.) for single and annual multi-trip policies in our review.

Besides main travel insurance policies, LV also provides extra cover such as:

• backpackers travel insurance
• long stay travel insurance
• winter sports cover
• golf cover
• cover for business trips
• cruise gear
• gadget cover

Not Available

>> MORE: read our complete review on LV travel insurance.

Is LV a good life insurance company?

4,6 Safe overall rating for LV home insurance

Liverpool Victoria (LV=) started out in 1843 as a burial society, where participants’ voluntary subscriptions were used to help pay for the funeral costs of members and their families. Now one of the UK’s biggest insurers, LV= and it is well known for its life insurance services.
LV= offers three main types of life insurance, including Level Cover term insurance and Decreasing Cover term insurance, as well as Increasing cover. Serious Illness Cover is offered as an optional extra, which covers against illnesses such as cancer, heart attack or stroke. They have high ratings on both Defaqto and TrustPilot and in 20q9. They paid out up to 99 percent of their claims, hence, their financial capabilities to pay out claims can be guaranteed. Their services are recommended.

In summary, here are the main features you need to know when taking out life insurance with LV.

You will find everything you need to know on LV life insurance in our review.

>> MORE: read our complete review on LV life insurance.

Is LV a good pet insurance company?

4,1 Safe overall rating for LV pet insurance

Liverpool Victoria is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

The company offers Lifetime and Time Limited pet insurance. The Lifetime pet insurance cover is available across 3 levels which range according to the vet fees cover limit: Lifetime £10,000, Lifetime £5,000 and Lifetime £3,000. All 3 levels of the Lifetime pet insurance have 5 star ratings on Defaqto. The Time Limited Pet Insurance is available across 2 levels which also range according to the vet fees cover limit:Time Limited £1,500 and Time Limited £2,500. Multi pet covers are also available.

We would recommend LV to anyone looking for a wide range of options when it comes to picking the vet fee cover limit when purchasing pet insurance.

What does LV pet insurance cover in a nutshell?

LV offers same insurances for dogs and cats only:
Time Limited:

• up to £1,500 vet fees for 12 months
• up to £2,500 vet fees for 12 months.

Lifetime

• up to £3,000 vet fees for each year
• up to £5,000 vet fees for each year
• up to £10,000 vet fees for each year.

>> MORE: read our complete review on LV pet insurance.