Hi All,
It's been a while since i've posted and that because i have been uber busy on other projects, one of which is trying to escape the nest!
Now i have managed to get myself 4 brick walls i need some insurance!
Can any recommend a good building and contents supplier for first time buyers or is it a case of trawling the "compare websites"
All the best
Alex
I just do a price comparison every year. But make sure your contents cover is plenty for the contents of your house. Apparently most people
underestimate the cost of replacing everything.
I assume you own/mortgage the house rather than rent? If you are renting your landlord should cover buildings insurance.
Yep, try the comparison sites...
eg. Parents renewal from Saga came in at £1063(!!!)
trawl go compare, esure with same level of cover £169 (plus I get to keep the £35 cashback from quidco as we didn't buy via gocompare)
Our house, £168 down to £110 with Admiral.
Prices are rather random at times.
Watch out that you don't just tick boxes. A common error is if you have flat roof loft conversions, you need to see if that is OK (esure allowed
slate, tile, concrete or asphalt roof, and that was handy as I think my parents were loaded up as they have large dormers)
Likewise don't get fooled into thinking low excesses are all they are cracked up to be. You claim for £200, you will get stuffed for the next few
years on premiums. I always go for high excesses on that basis, and no accidental damage cover.
As Slimy says, don't underestimate the value of your contents! See here:
http://www.locostbuilders.co.uk/viewthread.php?tid=172711
On contents insurance look out for any restrictions on the level of insurance for things in garages/out houses/ sheds. Could be an issue for petrol heads. It is unlikely that a household contents insurance will cover car parts but it should cover tools and equipment if they are used for your hobby not trade. When one of my previous insurers reduced the level of cover for tools etc in the garage to a limit of £2,500 I was quite shocked when I totted up the cost of the kit in there, (don't tell the wife). I've seen garage/out house/ shed cover as low as £500. £2,500 or £5,000 is more common but make sure you have enough cover.
quote:
Originally posted by omega0684
Hi All,
It's been a while since i've posted and that because i have been uber busy on other projects, one of which is trying to escape the nest!
Now i have managed to get myself 4 brick walls i need some insurance!
Can any recommend a good building and contents supplier for first time buyers or is it a case of trawling the "compare websites"
All the best
Alex
My insurer wont cover my kit car. Although its in bits a fair amount of the time.
" its still a vehicle"
Ill be renewing and stating this as a must next time round.
As mentioned, be careful when valuing your stuff it would cost more than you might think to replace it all!
Biggest issue is cover for garage contents. Tools and parts add up quickly so make sure whoever you go with offers adequate cover.
quote:
Originally posted by nick205
As mentioned, be careful when valuing your stuff it would cost more than you might think to replace it all!
Hi,
Please feel free to give us a try for household insurance if you like. If you wanted to PM me some contact details I'd be happy to arrange for
one of my quotes team to give you a call back.
Regards,
Dan.