Using price comparison sites to buy household insurance
How can you get the best deal if you’re using a comparison site to buy insurance?
Millions of us use price comparison sites to compare insurance policies before we buy. It’s made comparing insurance much quicker and can save you money, but there is a danger that you may end up with the wrong insurance policy or with one that doesn’t do what you expected it to. I’ve bought my household insurance through a price comparison site and by using a broker (currently, it’s been arranged by a broker). Here’s what you should bear in mind.
What are ‘flood resilient’ measures for your home?
If your home is at risk of flooding, is it worth installing measures to minimise the damage?
If your home is at risk of flooding, have you considered flood resilient measures? Have you even heard of them? If you haven’t, you’re not alone. Flood resilient measures aren’t designed to keep the water out, but they are designed to minimise the damage caused by flood water. They can be as simple as moving electrical sockets high up the walls.
A flooding insurance deal will cap insurance costs for flood risk homes
If you live in a flood risk property, will you be able to get insurance under the new deal?
If you live in a house that’s at risk of flooding, you should be able to continue to get insurance for it. That’s because the insurance industry and government have reached an agreement that means most properties will continue to be offered buildings insurance with flood cover. But, the bad news is that this new agreement isn’t due to take effect until 2015 and not all properties are guaranteed to be offered insurance.