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Please comment on this Home Insurance Quote
adindas
Posts: 6,856 Forumite
Do you think Swinton is a good ?
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Comments
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Generally you see the words "not swinton" when posters advise using a broker.
Do a search on this insurance forum for "botulism" for another view on swinton.0 -
I agree with Quentin and it seems awful cheap to me for buildings AND contents.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
What's the buildings sum insured?
Does it include accidental damage cover?
What's the standard excess you chose?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
£300 seems quite a high excess but if you are happy to pay this in the event of a claim then the cover seems fairly standard / basic.
Have you tried a quote at a lower excess - sometimes it does not affect the premium as much as you would think but in the end the excess that you are willing to accept depends on your attitude to the risk of claiming.
If you are considering quotes you can compare and check ratings here
http://defaqto.com/guides/insurance/home-buildings-insurance-guide/0 -
The reinstatement value for insurance purposes is not in any way linked to the purchase price or the valuation. It is normally a separate figure on the valuer's report and will be requested as the minimum sum insured required by your mortgage lender in your mortgage offer.1. I have not been trying to find it but I have not. I remember I put building reinstating cost already a few grands more than the valuation result and purchase price. It is close to £200,000
Do not proceed with insurance until you are fully aware of the reinstatement value or use a plan with unlimited cover or a very high blanket of perhaps £500k or £1m.
There have been some very disturbing threads on here around the issue of under insurance.
The excess is on the high side, but that's fine as long as you understand the implications. The £1k excess for subsidence, heave and landslip is standard.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Knowing that one of my ex-homeless has had a quote of nearly £86 for cover of £10,000 (contents only), this is dubiously cheap!
For home and contents for my property (£316k rebuild cost; £75k contents cover) we're looking at about £1200 for the year as a cheapest.
CK💙💛 💔0
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