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Home Insurance premiums have been rising in recent times so it’s important to know how to get the best rates on your policy. There are a number of measures the savvy buyer may apply to get the best home insurance quote.
The internet has levelled the playing field between competing firms, and you should search for the best policy online. You may also receive discounts and special deals when you purchase online.
Home Insurance is a broad term for a number of different types of cover based mainly around Buildings Insurance and Contents Insurance. If you combine your Buildings and Contents Insurance packages, you may well benefit from generous discounts and extras. You can even consult your insurer about car insurance and may reap further discounts.
Security is vital in how high your premium may be. A secure house in a safe postcode will obviously pay less than a house considered a risk. Joining a Neighbourhood Watch scheme can decrease your premium by up to 5%, and fitting the correct locks and alarms will add to your discount. You should ask your insurance company about security lights, window and door locks, and alarms. Companies like NACOSS approve and inspect systems.
Like all insurance policies, we should try and maximise our voluntary excess. The higher your excess, the lower your premium, but be aware that you may at some point be forced to pay your excess. Don’t set it to a level which is impractical; thus defeating the point of insurance in the first place.
Insurance policies are much more tailored to varying needs than they used to be. Contents Insurance can cover things like loss, accidental damage and theft but some levels of cover could be deemed unnecessary. Always try to get the most comprehensive scheme, but at the same time one which is tailored to your needs, like the ones available from Endsleigh.