Scrouge Says
"Protect your home with Home Insurance, it's the biggest financial commitment of your Life !"
Burglaries, floods and storm damage are all extremely costly and could easily happen to your home. Home and Contents insurance will protect your from personal loss if you are unfortunate enough to experience any of these problems. Quite simply the cost of the loss or damage becomes your insurers' problem - NOT yours !
The market for home and contents insurance is extremely competitive with many insurers fighting for your business. The problem is most people simply don't take advantage of this situation. When it comes to renewal time, you should always shop for a cheaper price - and it only takes a few minutes online!
Scrouge says
"DON'T be a fool shop around"
Get an online quote NOW from our four selected insurers and see how much you could save !
Simply click on the ones you want to quote and we'll take you to their site where you can enter your details.
There are often large differences in quotes provided by different insurers, this means that it's very important that you don't just accept your first quote.
Scrouge says
"Understand what effects your home insurance premiums to help you get the cheapest premium possible"
There are lots of factors that affect the price of your home insurance quote, but here are the main ones:
- Is your home detatched, semi-detached or a terrace? Home insurance is typically cheaper for detached homes.
- What is the age of your home ? Home insurance is cheaper the newer your home is.
- Is it traditionally constructed? (By this the insurance companies mean constructed of brick or stone with some form of slate, stone or tile roof - if you have a thatch, expect to pay more!)
- What is the rebuilding cost of your home? This is influenced both by the physical size of your home and the cost of building your area. Remember to keep a copy of your Surveyor's letter on file so you have proof of the recommended rebuilding cost.
- Is the house in a good state of repair? The better the reported state of repair, the lower your home insurance quote will be. This is also important because, let's say your roof leaked due to lack of maintenance and you claimed on your insurance - your insurer will probably only pay for the internal damage caused by the water but it's unlikely they'll pay for the roof repairs. In extreme cases, they may even totally refuse the claim, particularly if they think you have seriously neglected the repairs to the house.
- Is there a history of foundation settlement or land slip in the immediate area? Foundation settlement can be a problem in areas with heavy clay areas or peat.
- Is there a history of flooding in the surrounding area? Insurers will be able to identify this from your post code. In areas subject to flooding, many home insurance companies will refuse to provide cover.
- Has the area been subjected to mining? Mining areas inevitably mean that your home insurance quote will be higher - that's why it's so important to get the cheapest quote you can find.
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