Cost Advise Homeowners How To Save Money On Their Home Insurance

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After recent research discovered that each household squanders £125 each year on home insurance, price comparison experts advise their consumers of ways to reduce their quote

The online comparison website

It’s just as easy to go online and compare home insurance using a price comparison website

Comparison experts at Cost are always working to ensure their consumers are found the best products and deals concerning money, insurance, travel and utilities. The team are also dedicated to providing their online users with the latest advice on these topics, the latest of which relates to home insurance.

After a recent survey regarding home insurance was conducted, it was discovered that UK homeowners are wasting £125 a year each (a collective UK total of £687m) on their home cover by choosing to auto-renew rather than shop around for a better deal. Of the participants, 29% automatically renewed their home insurance policies and 15% of those believed they could not find a better deal or did not want to bother looking.

A Cost insurance expert shares her opinion on home insurance:

“Saving money everywhere you can these days should be something everyone is interested in, so why would you willingly waste £125 a year when it’s just as easy to go online and compare home insurance using a price comparison website”.

Cost tips to saving money on your home insurance:

  •     Get the right policy: Only take out a policy that’s suitable for you and your home and ensure it has the right level of cover. A policy that covers a garage or garden when you don’t have one is likely to be costing you unnecessary money.
  •     Multi-cover discount: If you take out building and contents insurance with the same insurer, you will more than likely be entitled to a worthy discount.
  •     Be smart: If you encounter some issues and are thinking of making a claim, bear in mind that this will affect your no claims bonus and you will probably have to pay an excess. Always deliberate over whether the issue is worth making a claim and losing your no claims bonus or not.
  •     Security: Showing your insurer that your home is protected with security (alarms, lights etc) to deter thieves can save a lot of money on your quote.

Cost is devoted to ensuring that their customers are advised about the latest news and developments within the fields they operate in.

Based in Essex, Cost is one of the UK’s leading price comparison sites. Allowing their online customers access to companies offering a range of insurance, financial and travel services, the firm specialise in providing a personal experience. Founded in 2012, the agency has a trusted reputation for sourcing the most ideal policies at affordable prices.

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Ben Austin
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