Friday, 28 May 2021
Save a fortune on home insurance says the Irish Daily Mail
The Irish Daily Mail has highlighted how much money Irish homeowners can save by shopping around and using home insurance brokers. Read more information on this topic here.
In recent weeks it has come to light that banks such as Ulster Bank and KBC will now sell their mortgages prior to exiting the Irish market. Many individuals who will be affected by this move may also have their home insurance policies with these same brands. A cost comparison against KBC and Ulster bank however has shown that these institutions offer home cover quotes up to 66% higher than open market prices.
Within this cost comparison, a number of house prices and locations were sampled by insuremyhouse.ie. The results highlighted that the prices quoted by KBC and Ulster Bank were more expensive in all cases.
Every household across Ireland needs home insurance in order to protect their space and their loved ones. So even saving €100 a year could add up to a significant amount over a couple of years.
Deirdre McCarthy of Insure My House aptly stated that ‘Thousands of Ulster Bank and KBC mortgage holders also have their home insurance with the banks. A number of these individuals will now see their mortgages sold to another bank. Hence this is a vital opportunity for homeowners to get a more cost-effective home insurance policy by shopping around’.
Insure My House took 5 typical home insurance cases and obtained quotes from Ulster Bank and KBC. This was then compared with various providers on the market, in almost all the cases Insure My House was able to secure a far cheaper premium.
It has been a tough year financially for many families across the length and breadth of Ireland, and economic struggles have taken their toll. It’s vital to make use of the small wins in order to save on a long-term basis. By shopping around for a home insurance policy or by allowing a home insurance broker to do it for you, you could save yourself a sizeable sum.
Don’t take the first quote you get as gospel, reach out to an expert and let them help you get the best deal on the market.
We know at Insure My House that hard earned money should be spent on the things you love. Let us save you money on your home insurance premium without sacrificing your cover.
Contact us for a quote www.insuremyhouse.ie today!
