House Insurance

Simple Ways of Choosing the Right Home Insurance

August 21, 2021

With the numerous types of home insurance policies, it can be a daunting task to choose the best one. Remember, each policy comes with its benefits and requirements. It also covers various things, and unless you have ample knowledge of each one of them, it is vital to seek the help you need. At, you can get invaluable help on choosing and planning for your home insurance. It involves more than covering the building. So, if you are looking for simple ways of choosing your home insurance, this article will clearly guide you to that. It has discussed several invaluable tips you can utilize during your decision. Check them out below.

Differentiate Between Contents and Buildings

Many people seek cover for their buildings and leave out the contents. One thing you need to do when choosing insurance is understanding what building and content insurances mean. Both of these policies provide coverage against elements like theft, fire, flood, and accidental and malicious damage. However, building insurance focuses on the structure itself and the fixtures inside the building. On the other hand, content coverage is more about the items in the house, including your appliances and furniture.

As a homeowner, it is necessary to know if you will need both of these policies or just one. It is best to have both policies to ensure both the building and the items inside are covered, and you are safe from liability.

Be Accurate

One of the biggest mistakes you can make when choosing insurance is being inaccurate. You need to know how much value your assets are and get a premium worth your home. Being under-insured means the insurance company can only cover a specific part of your home. It could be a good idea to use a cost calculator to know the type of policy you need for both the building and the contents.

Compare Different Premiums

Your insurer will provide different premiums. Each package comes with different benefits, and you can choose the best one based on what you need to be covered. The best trick of picking the right premium is by comparing several of them. You might be tempted to go for the annual and cheap premiums. However, you ought to remember that cheap is not always the best option. Instead, consider various elements like excesses, and other wordings in the policy to know all about it. What is covered in one premium is different in another. So, before you make your decision, make sure you compare different premiums.

Consider “Add Ons”

There are simple things that homeowners tend to ignore when they are choosing an insurance policy. An insurer will provide you with an option for covering extras. For instance, the valuable items you travel with away from your home are not covered. However, the policy may allow you to consider them as extras and get coverage for them. Others like a malfunctioned heating system or electrical breakdown may be considered as “Add Ons”. Before making your choice, consider how valuable these “Add Ons” are and determine if they are worth the coverage.

Pick Special Cover for High-Valued Properties

If your property is more valuable than what the insurance company is offering, it will be best to look for other policies within your class. In most cases, valuables such as silver and gold are split, and you can get a sum of their total cost. Remember, this will require paying for a higher premium. With a high cost of insurance for these valuables, you don’t have to worry about incurring losses when you lose the properties.

Consider the Levels of Accidental Damage

Many homeowners pick any coverage for accidental damage that comes their way. However, do you consider the extent of damage that could occur to your house or contents? When choosing a cover for accidental damage, you are presented with two options: standard and full protection. Standard protection covers minor things, while full accidental cover focuses on covering everything you own. However, the latter comes with additional costs. You can opt for full coverage if you are worried about how many valuables you could lose in an accident.

Remember the Assets Outside Home

Some insurers provide cover for items outside the house, while others don’t. So, make sure you pick a policy that offers enough protection for your properties. You might have to pay additional money for this policy. However, the benefit is worth it in the long run. If you keep your motorcycle and other valuables in your shed or garage, make sure you are covered for such assets.

Look at the Excesses

Before you commit to any policy, it is advisable to check the excesses first to see if you can afford them. Excesses are the additional amounts you will need to pay should you make a claim. These expenses are mandatory in most insurance companies. However, the great thing is that you can volunteer to add the excesses for cheaper premiums. Before you commit, check these excesses and ensure you can afford them. The average amount you can pay is £ 50, but there are others higher than that.

Check What is Not Covered

You might find out that most insurers do not cover the obvious damages like wet paint ruined, wear and tear of items, faulty services, vermin, or mechanical breakdown of equipment. If you have not maintained your property the right way, you may also be excluded from the benefits. So, before signing up, make sure you read the terms and conditions. If you are contented, then you can go ahead and sign the agreement. Just remember that you might have to cover the expenses for the elements mentioned here.


From the above information, you can clearly see that choosing the right home insurance policy is not that difficult. You only need to have the right information, get your calculations right, and compare premiums. If you are still stuck on your decision, you can always ask for help. Home insurance professionals can provide invaluable advice on how to pick the best cover. Speak to independent insurance brokers who specifically deal with home insurance and see what news they have for you.

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