Home insurance

sanova76

Hi,


Need some info/advice please.

This might be stupid questions but my ex used to deal with all these things. I've no knowledge about how it works.

I've a separate building and content insurance which totalled about £580/year. Removing his name from the policies will increase the payment about £50 per year because he's older.

I was advised by the insurance company that there's a policy that combine both in one. I did an online survey (on the company website) and it quotes me £215!

How come it's so much difference? How do I know if I'm getting the same eligibility? From the questions I answered, they're more less the same with the existing policies I have. i.e how often you left the house to go on holiday, do you use it for business etc?

Should I just go for it? It's just too good to be true, it's not even half of what I'm paying now. Should I pay monthly or annually?


Please advise.

Many thanks.

San

Zorillo

It's not too good to be true, your ex has been paying more than he needed to, probably for years. Check the policy detail covers what you want, but an ordinary home insurance policy for buildings and contents should never need to cost more than £200-300 unless there's claims or issues with the area.

G_M

Nearly every insurer who do buildings insurance will also offer a combined buildings and contents policy.


Don't just get a quote from one company as
a) there may well be a cheaper one stil and
b) you have not (I suspect) looked in detail at what is covered, and excluded. Read the policy details.


Sometimes paying more gets a better,more comprehensive, policy - but not always! So check.


Now use one or more of those annoying-advert comparison websites (Comparethemarket; moneysupermarket; GoCompare....)

Old_Lifer

I have often wondered from time to time in the last few years, if household insurance may perhaps be the next area of compensation.


I expect there are plenty of elderly policyholders who know nothing of the Internet and would not think to shop around and who trust their insurance company to treat them fairly. They may in some cases have been with the same insurer for 20 or 30 years or more and may be paying hundreds of pounds a year more than really necessary.