Your home is probably the biggest investment that you will ever make and it is vital to protect it accordingly. How can you ensure you?re getting the right cover on your home insurance, including both contents insurance and buildings insurance? These practical tips are designed to help you do just that, and at the best price.
Approved locks on windows and doors
The locks you have on your windows and doors make a difference to the cost of your home contents insurance as it directly impacts the how vulnerable you are to theft. The recommended locks are BS 3621 deadlocks.
Increase your excess level
Having a higher excess than you would ordinarily will reduce the amount your pay on your insurance, because it reduces the amount the insurance company will need to pay out to you in the event of a claim.
Be part of the Neighbourhood Watch
As a member of the neighbourhood watch you will have the peace of mind that when you are away, someone will be keeping a watchful eye on your property. This isn?t the only benefit ? as your risk of burglary decreases, so will the cost of your home insurance.
Install a Burglar Alarm
Taking measures to reduce your risk of burglary, such as installing a burglar alarm system, will reduce the costs of your home contents insurance. A NACOSS-approved burglar alarm is the preferable choice.
Don?t claim unless you have to
Your claim history will be taken into account when your insurance company calculates the cost of your premiums, making it sensible to only claim when absolutely necessary. The cost of claiming may actually be more expensive than replacing the item yourself when you consider lost no claims bonuses and future reductions.
Get a Safe
A safe makes doubly sure that your valuables, such as expensive pieces of jewellery, are protected. Insurers also take this into account when calculating your home insurance premiums.
Tags: buildings insurance, home contents insurance, home insurance