It’s never been easier to shop around for home insurance and that can only be a good thing for the consumer today. A quick search on the comparison sites will bring you a range of providers all battling to offer you the best price on your home contents insurancebut there is much more to check before you buy your policy.
When you obtain your home contents insurance quote, a list of providers will be shown on the page with the cheapest first. However, many of us like to pay all of our household bills by instalments and while all insurers will give you this option, the charges involved vary tremendously. So make sure you check the APR involved before you agree to anything. Fortunately, comparison sites will show you the monthly instalments and the deposit required to secure the cover.
Now you have the question of the policy excess and chances are you’ll be asked if you want to include a voluntary sum within the cover. The excess is the amount you pay towards the cost of a claim and taking an optional sum of £50.00 or £100.00 can be a good way of bringing your overall premium down. However, the insurers may also add a compulsory excess to the policy so make sure that you check this point and that you’re happy that the sums involved aren’t unacceptable to you.
But the most important aspect of all is to make certain that your home contents insurance cover matches your needs. Essentially, there are two types of cover available and the basic home policy will cover you for loss or damage to the items within your house.
However, you do have the option to extend that to include accidental damage for an additional premium and you can also add cover for your personal possessions while they are outside your home itself.
Price is obviously important when it comes to choosing the right home contents insurance but if it doesn’t cover everything you require then it is simply false economy. So when you check the premium, make sure you check the small print too.
It is so easy to find the cheapest premium for home contents insurance but make sure that the cheapest policy isn’t selling you short when it comes to the cover.