Keeping Home Insurance Quotes To A Minimum
Home Insurance is important and it is therefore not recommended to reduce your cover to keep premiums low. For example, if you are a home owner and are probably buying both contents and building insurance, it is often cheaper to get both premiums through the same provider.
Premiums go up when you make a claim as well as the fact that you lose your no claims bonus so make sure you only make a claim when necessary.
As well as this, consider what amount you are comfortable paying as your voluntary excess (the amount you will need to pay towards any claim), higher excess equals lower premium.
When you are comparing home insurance policies, have a look at the additional protection on offer, which could be bolted on automatically or may require extra expense. These include:
- Accidental Damage – Accidents e.g. knocking a TV off the ledge
- Legal Expense – protecting you against the cost of being sued amongst other areas
- Home Emergency – Including cover for heating, electrics and plumbing
If your house requires any emergency repairs then speak to your home insurance policy provider straight away. This is because they may require you use a selection of pre-approved tradesmen to fix whatever problem you are facing. Also make sure that you try to reasonably prevent any further damage from occurring once you notice the issue.
Claims that are invalidated
There are a number of ways in which you could inadvertently invalidate your home insurance claim. When applying for a home insurance quote, it is important that you provide accurate descriptions of locks on the house, make sure you use your burglar alarm if you have told your insurance company you have one (therefore reducing your premium), say if you use the property as a workplace, and once you have insurance, do not leave windows open when you are out/away from the property.