Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • Former MSE Wendy
    • By Former MSE Wendy 17th Jun 08, 10:35 AM
    • 868Posts
    • 1,782Thanks
    Former MSE Wendy
    Home Insurance Discussion
    • #1
    • 17th Jun 08, 10:35 AM
    Home Insurance Discussion 17th Jun 08 at 10:35 AM


    This discussion relates to the


    To discuss or ask a question about the article: click reply

    If you've reduced the amount of your home insurance with cashback please report your success to encourage others
    Last edited by Former MSE Andrea; 25-03-2014 at 11:00 AM.
Page 3
    • skylight
    • By skylight 18th Feb 09, 4:24 PM
    • 10,424 Posts
    • 16,875 Thanks
    skylight
    I have used More Than in the last few years. The cover is perfect for my family (NEVER underestimate your cover, it is important and a few s saved here is not worth it in the long run). Anyway, 2 years ago I recieved 70 cashback on a 100 years premium and last year I recieved 50 cashback for a 100 premium (was slightly cheaper to cancel the old insurance and re-apply via quidco even without the cashback!!)

    Will do the same this year. Firstly I check out comparison sites, compare these to my renewal quote and see if I can get cashback. At the forefront of my mind those is my cover though, not how cheap I can get it for (but it helps!)
    Originally posted by skylight
    Had to re-new. The Co-Operative came out best this time. Using the comparison sites and getting 50 cashback on a 95 quote (Quidco), making my contents cover, in effect, 45 for the year.
    • dacouch
    • By dacouch 18th Feb 09, 4:30 PM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    your husbands age should not cause any problems on your home insurance in fact home insurers generally find the older you are the less risk of a claim there is.

    There must be another reason why the other companies are not quoting eg your home may be in a flod area or you may simply have inadvertantly answered a question incorrectly.

    Try another site, I hear the tesco site is quite good

    Once again your husbands age should not cause any problems what so ever

    Nice to have a silver surfer on board.

    If you have any more problems or questions about quotes or the cover post them on here and we will do our best to help
    • whaylock
    • By whaylock 18th Feb 09, 5:37 PM
    • 24 Posts
    • 2 Thanks
    whaylock
    Not many quotes
    Thanks. Perhaps my request to insure the property jointly with my husband was the problem. I'll try Tesco.

    Regards

    Wendy
    • dacouch
    • By dacouch 18th Feb 09, 5:47 PM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    Thanks. Perhaps my request to insure the property jointly with my husband was the problem. I'll try Tesco.

    Regards

    Wendy
    Originally posted by whaylock
    Trying to insure it jointly should not be a problem and his age should not be a problem.

    If you both legally own the house and its contents it should really be insured in joint names. Try another site I think you will not have a problem.

    Why not try Moneysavingexperts comparison site, martin makes money out of it and uses it to finance the site.

    If you have a look round on mse forums you may also find some cash back offers with the company you are using!!!

    Please bear in mind that most companies do a cheap premium the first year and when its due for renewal next year you do not get the discount so don't be surprised when / if it goes up
  • keefrto
    overseas landlord
    I am currently working aborad and have my family here also. My home in the uk is rented, last year I got a great deal via MSE and Quidco however trying to renew this year is proving harder than I thought. I would appreciate your thoughts? When I get onto any comparison sites and see the landlord section, the ones I have tried so far either I have to call them, negating cashback websites, or individually go to websites and get limited comparisons. Has anyone come across this and found a way around the cashback or is it a lost cause?
    cheers
    Currently 4 me its Rogers Contract cell phone, REBTEL.COM is the best mobile making and receiving calls to/from UK and Canada
    • dacouch
    • By dacouch 22nd Feb 09, 12:39 AM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    If you use cash back sites you are getting a "New Customer Discount" the first year but the next year the premium will shoot through the roof so you have to go to the hassle of shopping round each year.

    I believe some people are having problems at the moment with certain cash back sites, have a search of forums for details

    If you want to avoid the hassle of shopping round each yeat by having a premium that is relatively stable and goes up in line with inflation each year so you don't have to shop around speak to a local broker or a broker who specialises in Buy to Let Insurance. Expect to pay circa 147 a year for 100000 of cover with a decent company through a broker.
  • keefrto
    Cheers 4 that, my cover will be low 10k contents then the rebuild costs of the house. Oh well here goes!
    Currently 4 me its Rogers Contract cell phone, REBTEL.COM is the best mobile making and receiving calls to/from UK and Canada
    • dacouch
    • By dacouch 22nd Feb 09, 11:49 AM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    Are you sure you need 10k contents as most landlords have "Carpets and Curtains" in a buy to let property which is a few thousand.

    The fitted kitchen, built in kitchen appliances and hard floorings come under the buildings.

    Make sure the policy you take includes "Loss of Rental Income", this covers your rent following a damage claim eg a fire. Most companies automatically include cover for this on their policies free of charge.

    If you are out of the country it would be best to have a policy that is underwritten by Norwich Union or Zurich or one of the big companies as these normally allow you to ring them and report claims over the phone 24 hours. This could make things much easier if anything happens, so ask whoever quotes you how they deal with claims. There are some companies that will not deal with a claim until they have received a claim form filled out and signed by the policy holder which could delay things if you are abroad

    As all of the professionals on here often state the cheapest policy is not always the best especially for a landlord and especially for one abroad. If you have a claim you will want it sorted out with the minimal effort for you and your tenant. So weigh up any savings against the quality of the Insurer.

    Most of the buy to let building insurance policies are backed by the big Insurers
  • Sharpey3875
    Mis sold Contents Insurance?
    Hi

    We've had our home contents insurance with Budget for the past 4 years - renewing as a new customer each year to access a cheaper premium. From the outset we stipulated we wanted cover for possessions outside the home, including my wife's engagement ring. We were told that we would have to pay extra for this because it exceeded the single item limit of 1.5K and it needed to be specified in the cover documentation. We agreed and paid the extra premium for the past 4 years.

    Last week my wife lost her handbag containing (fortunately) only cash cards and our car key. However it has cost us over 400 to replace the car key due to various technicalities. We phoned Budget and they initially referred the claim to their underwriters. Having heard nothing for a few days we chased and they are now saying we are not covered for possessions outside the home, other than the engagement ring, and that if we had not specified the ring we would have been covered for everything <1.5K. So by specifying an item, we have negated our insurance on anything else including our bikes etc. This is clearly rediculous and our policy does not state this, so legally we must be covered.

    Another point we have noticed is that we would only be able to make a claim for the ring if we can provide either a receipt or valuation dated within 3 years of the claim. So we're going to have to pay for a valauation every 3 years as well!

    We have not taken out accidental damage, but this isn't relevant here.

    Has anyone had any funny experiences regarding claiming on contents insurance?

    Thanks

    Matt:confused:
    • dacouch
    • By dacouch 21st Apr 09, 7:45 AM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    This does sound odd.

    Does you policy schedule show "Personal Belongings" or "Unspecified Personal Effects" or Personal Effects" as being covered along with an amount of circa 2000 next to it?

    Which Insurer have they placed you with?

    What is the value of the ring?

    Replacing the car keys may be covered under your car insurance if there are items in the bag eg things with your address in the handbag. Bear in mind this might affect your no claims bonus.
    • rare uk
    • By rare uk 21st Apr 09, 8:52 AM
    • 41 Posts
    • 11 Thanks
    rare uk
    If I have Legal cover with my car insurance, do I need to buy legal cover with my home insurance too? Thanks
  • silverfoxuk
    M&S Premier Home & Contents/AXA?
    I have similar circumstance in that live in standard semi detached 3 bed house, contents worth no more than 30K and the only item worth more than 1,000 would be wifes engagement ring which was valued a year ago as 3,750.

    As has been said before I have to go through the online quote engines then phone up a few to ask how much to get the ring 'specified' on the policy as it is over the usual limit of about 1,500 for an individual item.

    I've been looking around and M&S Home Insurance 'premier' gives unlimited cover for both buildings and contents, and covers all individual items up to 4,000 without the need to specify this includes out of the house assuming you pick 'cover away from the home' cover as well. Any experience of customer service - I think the policy is underwritten by AXA?

    Also, we have British Gas cover for the boiler so am confused as to whether it is worth paying extra for the Emergency Home Care cover. Again, any experience with this type of 'add-on' - did you find it useful in an 'emergency'?
    • dacouch
    • By dacouch 21st Apr 09, 5:56 PM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    Silverfoxuk the policy you refer to has good cover, Axa are a very big company but their claims and customer service is hit and miss. If you have a problem with them it takes a lot to get it sorted out.
  • silverfoxuk
    Hmmm. Makes the choice difficult doesn't it? If a catastrophe happens (eg flood or fire etc) I don't want to have any additional hassles with an insurance company on top of the ones I would have if I needed to move out for example. So i would like a good level of customer service and be happy to pay a bit more for doing so. That would probably lead me in the direction of Hiscox or similar.

    On the 'Emergency HomeCare' add-on - has anyone found this valuable at any time?
    • owen1978
    • By owen1978 22nd Apr 09, 1:32 PM
    • 161 Posts
    • 48 Thanks
    owen1978
    Is this a good qoute?

    Purchase Price 102,000
    Buildings & Contents (50,000)

    165.70
    • dacouch
    • By dacouch 22nd Apr 09, 5:32 PM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    Silverfox it depends what you want from your Insurance, the posters on MSE from the industry (Including Me) will tell you that Insurance is like any other product in that you normally get what you pay for. The Hiscox Policy is one of the best on the market and is designed for the higher end of the market who have very high expectations from their Insurers. As a result the price is normally more than the rest of the market.

    If I was buying home insurance for me and money was no object I would chose any from Chubb, Hiscox, Oak or Home and Legacy.

    You may find the following survey helpful, it was made by questioning brokers on their veiws of Insurers. http://www.instimes.co.uk/story.asp?storyCode=376295
    • Torkijo
    • By Torkijo 29th Apr 09, 12:35 PM
    • 499 Posts
    • 291 Thanks
    Torkijo
    Tesco Home Insurance
    Had my renewel through - 339, did the first 2 comparisons and got it down to 201 (but never heard of the insurer), Did Tesco's own insurance quote and for a slightly better package the quote was 214!!

    Phoned them up and said whats to stop me just cancelling and then going with my online quote - they said nothing but would prefer to keep existing policy in place so the man in there 'Customer Loyalty' team played with his flexibilities and matched the online quote for me.

    15 minutes online, 7 minute call and 125 saved - not bad for 22 minutes work.
    • ellemm
    • By ellemm 29th Apr 09, 1:28 PM
    • 11,096 Posts
    • 51,810 Thanks
    ellemm
    Swinton Buildings & Contents
    I was insured last year with Bank of Scotland for buildings & contents - 179 but was promised 50 cashback. Cheque arrived but only for 25. OH made several phone calls and visits to local branch-each time having to explain the situation to different people - but he's like a dog with a bone and won't give up! So we eventually got another 25 even although they insisted we should only have had 25, making the total for the insurance 129.

    Decided to have a search after our renewal came in saying they were freezing the insurance premium for this year at the 179.

    Best quote was Swinton at 138, including a 20% online discount and promised 30 cashback by cheque - plus, obviously, did it through cashback site- my favourite - Topcashback and got another 30 cashback which tracked in under 2 hours.

    So total 78 saving 100. This is for a flat, re-build cost 500,000 and 50,000 contents.

    • m1618
    • By m1618 29th Apr 09, 6:24 PM
    • 38 Posts
    • 10 Thanks
    m1618
    Thanks for extremely useful information

    If I was buying home insurance for me and money was no object I would chose any from Chubb, Hiscox, Oak or Home and Legacy.

    You may find the following survey helpful, it was made by questioning brokers on their veiws of Insurers: (see link in dacouch's post above)
    Originally posted by dacouch
    Thank you dacouch so much for this info and link. As a newbie in the house insurance world, I really appreciate information about which companies are rated highly, and which to avoid. Absolutely BRILLIANT! Thank you!
    • dacouch
    • By dacouch 29th Apr 09, 10:50 PM
    • 20,693 Posts
    • 12,825 Thanks
    dacouch
    I was insured last year with Bank of Scotland for buildings & contents - 179 but was promised 50 cashback. Cheque arrived but only for 25. OH made several phone calls and visits to local branch-each time having to explain the situation to different people - but he's like a dog with a bone and won't give up! So we eventually got another 25 even although they insisted we should only have had 25, making the total for the insurance 129.

    Decided to have a search after our renewal came in saying they were freezing the insurance premium for this year at the 179.

    Best quote was Swinton at 138, including a 20% online discount and promised 30 cashback by cheque - plus, obviously, did it through cashback site- my favourite - Topcashback and got another 30 cashback which tracked in under 2 hours.

    So total 78 saving 100. This is for a flat, re-build cost 500,000 and 50,000 contents.
    Originally posted by ellemm
    Sounds like Swintons have quoted you on the MMA Profile policy, MMA (Who own Swintons) are not the greatest Insurer. If it was me I would have paid the extra for the BOS policy.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,446Posts Today

4,590Users online

Martin's Twitter