Getting the right insurance for your home is vital, regardless of where you live. You could be concerned with outside dangers such as crime, or perhaps you are worried about natural problems such as storms or flooding. Nowadays, you can find a policy for almost anything related to your home and home contents, so take your time and start comparing today!Use the chart below to look at the main features of each home insurance provider. What can they offer within the policy? How much can you expect to pay per month? Are there any exclusions worth considering? For a more detailed look at each product, click on 'Detail Information'. If you are ready to apply, click on the blue More Info button.
Compare Home Insurance
Compare home insurance policies to ensure that your most important asset is protected
Why do people purchase home insurance?
Your home is probably the most expensive thing you own. With this in mind it is important that you make sure it is protected. Without home insurance you could face financial ruin trying to pay for repairs and replacements. Imagine if your house burned down and you didn’t have the insurance. You may not be able to pay for the repairs but will still have to pay the mortgage. Home insurance is essential. A good policy will save you money in the event that something happens to your home or belongings. Although having home insurance is not required by law. Many mortgage lenders require that you have insurance in order to borrow money from them. Some tenants’ associations also require you to have home insurance.
Are there different levels of cover available?
Homes insurance comes in a number of different forms. You can get cover for any physical damage to your home cause by events like fire, smoke, natural disasters, vandalism, burglary, burst pipes, flooding and explosions. It will also cover you for personal liability for any injuries. You can get insurance for all of your belongings in your home such as furniture, bikes, electrical goods and valuable items. This protects you against any theft or damage to these items. You can also get legal liability that protects you if anyone has an accident in your home. Many insurance companies will also offer a wide range of additional cover options. For example you can cover for items taken outside of the home.
What costs are involved with a home insurance policy?
What type of house you live in and where you live will affect how much you will pay for the insurance. If you are in an area that at more of a risk of something happening you should expect to pay for the insurance. For example if you live somewhere where earthquakes or hurricanes are regular threats there is more of a chance of damage happening to your home and so it is likely to premiums will be higher. The exact cost of the insurance will depend on the type of cover that you buy and which insurer you decide on. You should be able to find policies that suit a variety of budgets.
Are there ways of making a home insurance policy cheaper?
One way you can keep your premiums down is o improve your home security and install quality locks, alarm systems and timed lighting. This reduces the risk of you being a victim of theft and so reduces the amount you will by. You should also make sure you have good safety features such as smoke alarms. You can invest in insulation which reduces the chance of pipes and tanks freezing will help lower premiums. Also if you agree to pay a higher excess towards any claim you can keep premiums lower.
Finding the Home insurance policy which best suits your circumstances
As home insurance is such a necessity there are many companies vying for your business. Coverage will differ between home insurers so it is vital to check your policy documents. You need to find a policy that can be tailored to your needs if the basic policy isn’t enough but be realistic, and only take out the amount of cover that you need. However, cutting back on the amount you take out could mean that should the worst happen and you need to make a claim, you are not covered. This is why the cheapest insurance is not necessarily the best. Therefore, you need to find a happy medium and read through the policy thoroughly to see what is and what isn’t covered. To ensure you choose the best insurance policy at the most affordable price, be sure to compare policies from many different providers. Use the table above to compare home insurance policies.
07 March 2013
It never can happen to me – this is the attitude many people have, but the fact is that thousands of people have to face the results of burglary or damage to their home due to fire, flooding or storm
07 September 2012 17:00
Which Way to Pay
Home insurance is designed to protect your home and personal belongings against a wide range of instances such as theft and damage.
04 May 2012 16:30
For almost every homeowner it is essential to have a good insurance policy on your home. This gives you the assurance that your greatest asset is protected from catastrophic losses such as those incurred by natural disasters.
08 February 2012
Which Way to Pay
It pays to understand the benefits of home insurance and find out how it can work for you.
25 October 2011
Which Way to Pay
Many of us will have a credit card primarily as a low interest form of borrowing, to make our finances run more smoothly and to ensure that we are never unable to pay a bill. Apart from these obvious benefits however, there are other perks to spending using a credit card.