How much do people pay for house insurance?

Blinkz

Blinkz

Blinkz

Soldato
Joined
18 Oct 2002
Posts
3,184
Location
Frimley, Surrey or 38,000ft
Hey everyone,

In the process of buying my first house and currently looking at buildings and contents insurance. The best quotes I've had are around £250. It seems a little high since my parents with a huge house pay a lot less! How much is everyone else paying?

Blinkz
 
Blinkz said:
Hey everyone,

In the process of buying my first house and currently looking at buildings and contents insurance. The best quotes I've had are around £250. It seems a little high since my parents with a huge house pay a lot less! How much is everyone else paying?

Blinkz
Click to expand...

Is your house a new build?
 
Blinkz said:
Hey everyone,

In the process of buying my first house and currently looking at buildings and contents insurance. The best quotes I've had are around £250. It seems a little high since my parents with a huge house pay a lot less! How much is everyone else paying?

Blinkz
Click to expand...

I assume thats an annual quote. Mine is about £205 a year with Aviva (I think) so I pay like £17 a month.

3 Bedroom House - bog standard job, no seriously valuable items over 1k.

Do some shopping around and use quidco to get a good deal!
 
£252 per year for building & contents.

House is 20 years old, bought for £70k with £55k mortgage. Door is 5-way mortice, windows are 8-way. Excess is £100. I didn't take redundancy cover as I didn't need to because the jobcentre / JSA froze my mortgage for me.
 
The "bricks and mortar" element of house insurance is based on the cost to rebuild, so older properties cost more. If your detached your actually a lower risk than a semi then a terrace since the risk is neighbours house catches fire which affects yours.
The next most significant factor is the incidents of major factors in your area such as subsidance and adverse weather (eg floods)

Contents is based heavily on your experience and that of your area.

20 years or so ago these factors looked at the first part of the post code, eg IP1/IP2 etc
about 10 years ago they moved to the next significant digit IP1 1**, IP2 1** etc which narrowed the base data a lot a means that a few nasty local claims can affect you a lot more than previously.
 
size of house is fairly irrelevant tbh. Old generally means higher insurance.

I pay £235/month.

ps. how's your gorgeous friend doing? Lass took my breath away lol.
 
Mines about £250 I think. Standard 3 bedroom house in a quiet suburb. We were burgled in our previous house about 3 years ago, so that might make it higher. I think the claim ended up being less than £2k though.
 
£209pa for buildings & contents cover for a 3bed terrace with lockable windows and multipoint locks on all exterior doors in a quiet Neighbourhood Watch area. That includes accidental damage, cash/card/personal item cover when out of the house and a 3 year no claim discount. Through Sainsbury's.

Arranged just last week hence I knew the detail of it.
 
I've just been quoted about £155 on a new build two-bedroom house from... Sheila's Wheels. :D
 
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