Free Articles  >>  Business And Finance >>  Page 3320  >> 

Moving to a New Home Insurance Policy

Along with car insrance, home insurance has become probably the most competitive sector of the insurance business. It's because most homeowners consider home insurance to be a essential aspect of home ownership and a "must have" insurance. So whilst the recession is straining sales of may other forms of insurance, the home insurance market is bouyant.

Homeowners are beginning to notice the numerous home insurance adverts that are peppering the national press and interfering with our viewing enjoyment of The Bill.

Offers abound. Free contents insurance, 50 pounds off, prices fixed for 2 years, two months civer absolutely free and so on. So it is clear, the message is shop around for home insurance and do not automatically renew with your existing insurer - get pickey!

The best deals are on the internet where these days 60 per cent of us shop for our insurance. So go online, surf and get a number of quotations.

And here are some points to consider whilst you're online:- Do not under insure your property or your contents. Ensure you're getting enough cover.

If you end up talking to a salesman, don't be afraid of haggling. As we have said, the home insurance market is a highly competitive so they should have to work hard to win your custom. Then when you think you've found the best quote, ask your existing insurer to beat it. If they don't, switch.

Consider increasing your excess (that's the first part of each claim that you have to pay yourself). Increasing your excess will always reduce your premium. But be happy that you would be able to afford the extra you'd have to pay if you had to claim.

Always buy your buildings and contents insurance from the same insurer. Not only will that be cheaper, but if you had a claim which involved damage to the property and damage to your belongings, you avoid disputes about which insurer pays for what.

Consider paying your annual premium all at once. Most insureres will charge more if you want to pay through monthly payments.

But take care. If you have bought your existing home insurance through your mortgage provider, they may charge you an administration fee to switch your insurance to another company. If they do demand an administration fee, ask your new insurer if they'll pay the fee for you.

In our experience, buying online could save you around 15 per cent. If you aren't convinced, reply to some of the advertisments you'll see in the press and on TV. It's worth it even if it only serves to prove to you how cheap online shopping really is!

Make sure your home is really secure - your insurer will be most appreciative!. If you haven't got them already, fit five-lever mortise locks to the external doors and put locks on the windows. Smoke detectors and a burglar alarms can help reduce your premium.

Also quit smoking - some insurance companies will offer a discount for non-smokers.

If you have problems insuring your property, for example because of a history of flooding or subsidence, use a broker. The broker will know which insureres to approach and which should offer you a good deal. If you are unsure which broker to speak to, check out the web site of the British Insurance Brokers' Association. They offer a database of specialist brokers.
About Author Sheila Challiner :

Brokers Online ( <a href="" target="_blank"></a> ) is one of the largest finance sites in the uk specialising in providing Cheap Life Insurance, Remortgages and Home Insurance ( <a href="" target="_blank"></a> )

Article Source:
Article Url:

Article Added on Wednesday, April 22, 2009
Other Articles by Sheila Challiner

Term Life Insurance
Once you have a family of your own you worry about what will happen to them after your death. It is a fact of life, so face up to it and find out how life assurance works. You could actually save money if you choose the right one for your family, and that can’t be bad. Most insurance providers offer basic term insurance which pays your beneficiary if you die by a certain date, but if you outlive the ‘deadline’ there is no benefit! The length of the policy is tailored to suit your needs. This...

Buying Travel Insurance
When you fly off this summer on your longed-for sunshine holiday, the last thing you want to anticipate is getting ill whilst abroad, or losing all your belongings. Having adequate travel insurance will give you peace of mind that, should the untoward happen, you will be taken care of. But the watchword is ‘adequate’. You need to make sure that your policy covers all your potential needs, so check the terms carefully for any limitations or exclusions you might not expect. Medical - To begin...

Risky Business Boosts Life Insurance Costs
When the Crocodile Hunter Steve Irwin died recently after he pulled a deadly stingray barb from his own chest, people not just in Australia, but the entire world grieved for the animal-loving icon. The tributes to Irwin came from far and wide with children leaving soft toys and others making him a floral shrine. And perhaps some of the most sad, yet moving moments to come from his death was seeing his wife, Terri, amongst the crowds at his funeral and his brave eight-year-old daughter Bindi-Sue...

Claiming on Your Buildings Insurance
Firstly, the best thing to do is make sure you keep all your policy details in a safe, easily accessible place, so you can put your hand on all the information you need if you want to make a claim. If something unfortunately does happen to your home and you do need to make a claim, below are some tips to make sure it all goes smoothly. When should you make a claim on your buildings insurance? - Make sure you do your sums first, before you make any claim. Nearly all of the insurers will...

How Travel Insurance Works
Travel insurance can be quite flexible, covering you for every eventuality imaginable, or just for the barest minimum. One thing for sure though, if you travel you must have it. One decision to make before anything else is whether to buy a single trip policy or an annual policy which covers you for multiple trips a year. The latter could pay for itself if you hop over to Europe just three times in the year. It’s easy. Once a year you arrange cover and then you don’t have to think about it...

Life Insurance Consumer Test
It was revealed this month that the cost of life insurance has dropped dramatically in recent years. How do you know what kind of policy is best for you? Term policies are the cheapest and simplest type of life insurance - you pay a premium every month for an agreed amount of insurance cover for a fixed term i.e. the number of years that the policy will run for. If you die, it then pays out a lump sum. If the policy reaches the end of its term and you are still alive, no money is paid out....

Travel Insurance Don t Leave Home Without It
These days, with last minute flights and holiday bookings it can be easy to overlook a vital component of your holiday - the insurance. For many, an annual policy works out best, especially if you make a lot of trips throughout the year, for others, a single trip policy is better. Misfortunes on holiday can be tiny or titanic, and a comprehensive insurance policy is vital to cushion you from the possible consequences. Annual or single trip policy? If your holiday (and business) pattern is for...

Cutting the Cost of Young Driver s Premiums
According to statistics young drivers are more likely to have a road traffic accident and make a claim on their insurance. Due to these statistics car insurance quotes for people aged between 17 and 25 years vary an awful lot. In quite a few cases the insurance premium can actually cost more than the car that is been insured! Useful tips to help reduce your insurance premiums: To keep your premiums as low as possible, purchase a car from a low risk insurance group, for example a super mini....

Mortgage Payment Protection and More
This article looks at 3 different types of protection insurance you can take out. These are needed if you are made redundant, are sick, ill or have an accident to cover bills you will still have. There are many different kinds of products on the market that will protect your income if you have an accident, become ill or are made redundant, three of them are described below: Mortgage Payment Protection Insurance (MPPI) Mortgage payment protection insurance pays out an equivalent amount to...

Make Your Life Insurance Fit For Your Needs
Once you have a family or assume responsibility for another person’s welfare, you need to think about life assurance. This doesn’t just apply to people in employment, but to everyone in the position of ‘head of the family’. There are many different policies out there and you need to find one that suits all your requirements. So first you need to do the research. The first thing to consider is whether to go for one policy to cover all eventualities, or whether you would be better off with two...

Click here to see More Articles by Sheila Challiner
Publishers / Webmasters
Article ID: 127857
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:

279 Users Online!!
Related Articles:
Latest Articles:
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts

Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of and/or its owners.

Copyright © AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Cheap Linux Server Hosting Provided By AwareIndia

Company IDS