House Insurance

Vanquish-Storm

Vanquish-Storm

Vanquish-Storm

Soldato
Joined
22 Apr 2009
Posts
3,772
Location
North-West
So about to start year 3 of living in our house so on our 3rd house insurance contract.

Who does everybody use?

I have never had to actually claim for anything (touch wood) so although I want decent cover I don't want it to be too expensive.

We have been with Direct Line in the first year at £49 a month on renewal they wanted £55 a month so we left and went with Privilege at £48 a month. Their renewal quote of this year is around the same £48 but doing online quotes I can get it £10 a month cheaper elsewhere.

Anyone have any advice on who is good and who to avoid?
 
£50 a month?! :eek:

Are you insuring a mansion or £thousands of valuables?

Cost me £100 for a year with the AA last year. Up for renewal at the end of the month and I'm getting quotes at around £110.
 
I've just done ours (buildings+contents), £86 for the year with Lloyds including their current £50 cashback offer.

£50 ish a month is a lot!
 
£130 Buildings and Contents for the year.

3 Bed Detached.

No mega value items really, just normal hum drum stuff and managed to get rid of all the crap after splitting with the mrs :)
 
We pay £20.21 a month combined unlimited buildings insurance + £100k contents insurance + all optional extras so that is massively over the odds.
 
I pay on a 4 bed house £130 a year for contents and buildings with legal and general on there extras policy.been with thjem 2 years now. just go to a compare site and do a search
 
Cant get a quote lower than £400 a year? Nothing special about the house, 3 bedroom. The only thing that I can think is that apparently the area is on a flood risk area although I am not sure why because there is no water anywhere near and it has never floored in this area in my lifetime. Not adding anything special on contents wise either.

Who are you all with? Admiral is the cheapest I can find for £38 a month for building and contents.

Do you all take of accidental or anything?! What value are your contents insured too? Excess levels?
 
Last edited:
Paying monthly might be costing you 10% more, but even so thats a lot. When i first moved into my house i.e. 0 no claims it was only 200 or so. Do you have lots of burnt out cars and/or shootouts in the area:D?
 
What the....at those quotes.

I am doing mine right now as it happens, this is an annual policy (not per month!)

£105.60 to insure your home on North Street.
Hi Mr XXXX,
Thanks for searching for buildings and contents insurance for your home on North Street with us recently. Your best price is £105.60 from Privilege. View the rest of your prices here, there's no need to log in!
Click to expand...

Thats for a large 4 bed (used to be a 5 bed but we knocked two bedrooms together to create a suite), 4 reception rooms, 3 bathrooms, in Oxon, £50k contents and £1mn buildings.

I'm yet to check cashback offers on top of that, but something is very wrong if you are being quoted much more than that.
 
Our combined house and contents insurance costs about £1,000 a year give or take. It being listed and 600 years old doesn't help and vastly reduces the number of insurers who'll even quote. This means I can't use the comparison sites and such like.

My one piece of advice is to make sure you check the coverage you're getting is what you want, which sounds obvious but take the time to think carefully.

For me having jewellery covered outside the home is important because the likelihood is much higher that my wife will lose, misplace or have stolen her rings, earrings and necklaces away from home. I learned this the hard way when a delicate diamond bracelet broke and fell down a storm drain once and we weren't covered. :(
 
theone8181 said:
Paying monthly might be costing you 10% more, but even so thats a lot. When i first moved into my house i.e. 0 no claims it was only 200 or so. Do you have lots of burnt out cars and/or shootouts in the area:D?
Click to expand...

Haha no! I could understand the cost if it did!

Its an access only road in a fairly quite postcode.

The stupid thing with the flood risk is that my mum's house is near water which has been known to flood (although never to the extent that it hit the house) but her house is not a floor risk. Our house is no where near any water, could just be that its a flat area and if it ever rains a lot that might do it?

Paying monthly adds no more than 10%

When/If we ever move I might do an insurance quote before buying :P
 
Subsidence is another potential geographic risk e.g. if it is near old mineshafts (I notice you are in the NW). Although comparing with others is useful to some extent, quotes can be significantly impacted by location.

Have you tried minimising your cover level (i.e. high excess, take off all the extra cover etc) just to see what quotes come out? Not suggesting you should buy that but just for comparison purposes.
 
Vanquish-Storm said:
my mum's house is near water which has been known to flood (although never to the extent that it hit the house) but her house is not a floor risk. Our house is no where near any water, could just be that its a flat area and if it ever rains a lot that might do it?
Click to expand...

Definitely, because even if a house is near water the modelling may indicate that the waters are unlikely to flood the property due to alternate drainage routes. You've kind of illustrated this yourself by stating that even when a nearby flood has occurred, your mother's home still didn't get flooded. My dad lives near the River Avon but he's uphill from it so not really a flood risk.

Flat areas are problematic in the sense that there's not really anywhere for the water to go except spread out.

That said, I'm not an expert on flood risk so can be corrected if necessary.
 
You must log in or register to reply here.
Back
Top Bottom