Home insurance: everybody needs it to protect their property should disaster strike. If you don’t have it, you’re taking a massive risk. Nobody wants to believe that they would fall victim of a robbery, fire, or flood, but it can happen to anyone. This means you need to find the ultimate home insurance deal to suit your needs. How can you do it? Read on to find out:
Use Comparison Sites
Comparison sites are great when it comes to searching for the best possible deals. They’ll compare hundreds of different sites to show you the cheapest deals. However, you should bear in mind that you aren’t always going to be comparing like with like. Many policies will have different features, so take those into account and not just the price before you decide on the best deal.
Make Sure It’s the Right Level of Cover
Again, the right level of cover is essential if you want the ultimate home insurance deal. There’s no point buying the cheapest cover you can find if it doesn’t suit your home life. For example, you may need to get specialist cover to suit certain items as well as regular cover. Don’t just assume that all of your valuables will be covered!
Check Individual Insurance Companies
Some individual insurance companies aren’t included on comparison sites, for whatever reason. Make sure you check these out separately and do a little bit of comparing yourself.
Increase Security in Your Home
As well as hunting for the best deal, you can ensure your home is a low risk to get a cheaper price. By increasing the security in your home, you might find that your home insurance premiums drop. You could install security lighting, join your neighborhood watch, and get special locks on the doors and windows.
Pay A Higher Excess
If you think you can afford it, you could pay a higher excess. The excess is the amount you’ll pay first if something does go wrong. Be prepared to pay this amount if there’s a disaster in your home…would you rather pay a £250 excess, or a £1000 excess? Make sure it’s a price you can afford.
Pay for the Year
Monthly premiums nearly always cost more than their annual counterparts. See if paying your fee off yearly would save you a lot of money. A few insurers do actually allow you to pay monthly without the extra interest on top, so it makes sense to look around before deciding.
You don’t want to take a risk when it comes to insuring your home and your belongings. There are all different kinds of home insurance too, so make sure you do your research. It’s also worth remembering that there is a 14 day cooling off period where you are allowed to cancel, but you may be charged for the service you have already received.
Using these tips will leave you with a home insurance deal that covers you adequately but doesn’t cost you the earth. Happy hunting!