Compare home insurance Ireland is an insurance comparison site for Irish residents. We aim to find you the cheapest home insurance quote on the market. Review prices online or phone us now, and we will compare policies and benefits to get you a great value deal. It only takes a few minutes!
Household insurance premiums have been increasing due to a rise in claims caused by adverse weather conditions such as snow and flooding. It’s now more important than ever to shop around for a competitive quote. We have outlined some tips on how to reduce your premium below. Compare home insurance policies today and save!
Review our cheap house insurance tips below. These tips will help you find the best home insurance quote. It is good to know what to look for when buying property insurance. This guide will give you a better understanding of what you can do to reduce your premium.
Our first tip is to protect your property for the right amount. The current market value of your property is a reflection of what your home is worth today. When choosing the level of cover, you need to estimate the cost to rebuild your house; this cost is usually lower than your home’s market value. It could help reduce your quote by up to 20%.
Review the value of your household items every year to make sure you are insuring your contents for the right amount. Over insuring will cost you money, and ultimately you are insured only for the value of replacing your items in the event of a claim. Taking out insurance for the right amount could reduce your home insurance premium by up to 10-15%.
All risks cover is an additional benefit that will protect your valuable items against theft, accidental damage & loss. Valuable items are not usually covered automatically under the contents as they are expensive. This add on will lead to a higher premium. You must decide if you need all risks cover.
You should review the excess amount on your policy; this amount may range from €125 up to €1k. By choosing to pay for a larger share of the risk, you may get a cheaper insurance quote. Generally, the higher the excess, the lower the premium. The excess is the amount you must contribute towards the claim.
Most home insurance companies will offer you a more competitive premium if you have a monitored burglar alarm installed. The insurance provider may request details such as the make, model and details of the security company.
If you do not have a smoke alarm fitted, we highly recommend installing one as it may reduce your household premium and more importantly, it could save your life. You should also consider installing a carbon monoxide detector for your safety.
A good no claims history may lead to cheaper home insurance. You should consider the premium before submitting a claim for small items. You may wish to cover minor damage yourself. Some companies may not be willing to quote if they see a high claims history. A history of claims may make it expensive to take out a policy.
Know your rights; you do not have to buy a home policy from your mortgage provider. Shop around for the best house insurance cover; some insurance companies offer special discounts for purchasing online. Always compare like with like to ensure you are getting the best deal. Compare home insurance quotes today; you may be surprised at how much you can save!
What does home insurance cover? In Ireland, a home insurance policy will cover your property in the event of damage or loss. The plan should include contents, buildings, all risks and liability insurance. You can buy cover for your house, holiday home or buy to let.
Household insurance will cover contents and structural damage. You are not obliged by law to purchase insurance; however, if you have a mortgage, the bank will insist that you insure the reinstatement value. The reinstatement value is the cost associated with rebuilding your property.
Buildings cover insures structural damage to the building. This cover will generally include doors, windows, roof, walls, permanent fittings such as a fitted kitchen, hardwood and tiled floors; it may also include garages. See below for details:
Contents cover will insure loss or damage to your belongings. Please note, there is a limit on the value you can claim for any single item, so we suggest that you list expensive items separately, such as antiques, electronics or jewellery. See below for details.
Read your home insurance policy carefully and review the table of benefits, so you understand what is and what is not covered. If you are unfamiliar with some of the terms, take a look at the glossary or phone the insurance company.
All risks Cover is an optional extra; it will cover you for loss or damage to valuables and personal belongings inside and outside of your home. When purchasing a policy, you can decide on what you would like covered. All Risks Cover should have extensive geographical coverage for your valuables if you choose to take these items (jewellery, laptop, etc.) on holidays or a trip outside the country. Some insurers may offer you an overall value for unspecified belongings and an option to cover individual valuables such as jewellery, i.e. engagement and wedding rings.
Liability insurance will cover you in the event visitors are injured, have an accident, or their belongings are damaged while on your property. Most household insurance policies include public liability cover up to certain limits.
The insurance policy should cover costs, fees, or expenses that you could be legally liable to pay in certain instances. You should always check that contractors working in your home have public liability insurance.
If you are not happy with an insurance company’s decision about a submitted claim, you should send a written complaint. If you are not satisfied with the outcome of this complaint you can approach the Financial Services Ombudsman, telephone 1890 88 20 90.
We have teamed up with O’Callaghan Insurance Ltd for home insurance quotes. We have automated decision making in place. If you would like a decision reviewed, please phone the above number to discuss. Thank you for visiting our home insurance comparison site. We hope you found it informative and useful.