Home insurance is one of those necessities in life. The likelihood is that you
’ll pay premiums year in and year out, but never actually put in a claim, so there is sometimes the feeling that you’re paying money for nothing. However, just imagine how you’d feel if your house was destroyed or damaged in a storm, fire or flood and you didn’t have any insurance in place.
So, for the majority of people, getting new home insurance quotes isn’t something they want to do, but really should. Thankfully, with the increased use of the internet, getting quotes for insurance has become far easier than it used to be. Now, with a price comparison website, you need only put in your details once in order to get a number of quotes from different insurance companies. You can then look through the results and make your choice on the level of cover provided and the cost.
However, it’s worth getting a couple of separate quotes from different insurers not included on the price comparison websites. You may find you get a better deal this way.
Increase the voluntary excess. By offering to pay a higher excess fee, you are indicating to the insurer that you are less likely to be filing minor claims and therefore you pose less of a risk.
Lower the contents cover level. There’s no point having cover higher than you need. Assess the value of your contents and then make sure you have adequate but not excessive level of contents cover – this should help bring down your premiums.
Be secure. Make sure that you have as much security as possible in your home – window and door locks and an intruder alarm as well as a smoke detector. Many insurers will offer discounts to those homeowners with good security systems in place.
When you’ve got some comparative quotes, you’ll know that you’ve got the best deal available for this year. But next year, it’s worth going through the process again as there may be a better price on offer!