Home Insurance Buyer's Guide

The Basics

Whether you live in a rented home or you've lived in your home for many years, or may even be a first time house buyer, your home is your castle and you definitely want to protect your castle. When it comes it your property, finding a good home insurance policy may be one of the most important decisions to make. Opting for a home insurance cover is the best way to give yourself peace of mind.

With so many insurance companies out there, finding a home insurance policy to suit you and your situation may be a daunting process. To make the home insurance buying process easier, we've put together this helpful guide: from knowing what you need covered to how to find a great home insurance deal -- your affordable home insurance cover is now just a few clicks away.

What Sort Of Policy Should I Get?

The different policies available will provide varying levels of cover. You may choose to cover the house itself only or alternatively the house itself and the contents within. Chances are that a combined policy is cheaper. However, in some cases separate home and possessions insurances may be a better choice. Shop around to see if this is true for you.

Find The Best Deals Online

Most major insurance companies do their best deals online. All you need to do is go to their website, fill in your details and within a few seconds you will see your home insurance quote. Then you can proceed with finishing the contract online. One trusted insurance company which offers online quoting is Churchill.com. They boast that most of their customers pay less than £155 for their home insurance cover and that is what we call a good deal!

Another good option to find the perfect home insurance policy is comparison sites, such as Confused.com, GoCompare.com and CompareTheMarket.com. Just visit their website, enter your details and you'll be presented with a list of quotes from a whole range of insurance companies. All you need to do then is choose that one that suits you best.

Does cheapest mean best?

Not necessarily. Remember not to choose automatically the cheapest possible quote without looking into it in detail. Chances are that a cheaper home insurance deal has less cover and if you need to make a claim, you may discover that you are not covered for this and that.

A cheaper insurance quote may also require a higher level of excess insurance, which basically means that if repair or rebuild works are needed, you will have to pay a greater part of the costs.

What's Covered?

It is essential to know what is covered by your insurance policy in the event of an incident -- such as fire and flood damage -- before you actually pay for it. You may, for example, live in a area of high flood risk and the last thing you want to read in your home insurance policy somewhere down the line is that it doesn't cover you in the event of flood damage.

Know Your Home Insurance Policy: Read The Small Print

We all know that as a general rule we have to read every contract's small print. Home insurance policies are nothing else but a contract. Familiarise yourself with the small print before committing as this is the best way to avoid accidentally invalidating your policy. Even small details may invalidate future claims, for example, not locking the doors, leaving open windows, alarm not in operational order, etc.


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