How to get more affordable Home Insurance

Are you looking for a home insurance quote and are wondering how to get a cheaper premium? or is your current insurance expensive and you are looking to lower your premium. Below are some of our tips to get more affordable home insurance. 

Shop Around for the best price

When it comes to home insurance it's best to get multiple quotes to see what company has the best price and cover. A home Insurance broker like Insure My House can help you find the best quote, as we work with all the top home insurance companies in Ireland and can get you the best discounts.

Excess

Your Voluntary excess is how much you are willing to pay towards the cost needed from a claim on your insurance. The more you are willing to pay as voluntary excess, the cheaper your home insurance possibly will be. 

Don't Pay for Extras you Don't Need

In your policy, there may be coverage that you don't need, which can be taken off to reduce costs, also don't overvalue your possessions as that may rise the cost of your premium as it would seem that more would be needed to be paid out in the case of theft or damage. 

Invest in Security for your Home

Poor security at your home may make your home high risk for insurance companies, home alarms, smoke detectors, locks and more can help you reduce your home insurance cost as it prevents potential thefts or unnecessary damage. 

Pay Annually 

Most Insurance companies are willing to offer better deals when you can pay upfront for the entire year, so its worthwhile saving up before your home insurance policy renews so you can potentially save a lot of money on your home insurance. 

Don't keep High-Risk Items at your Home

Keeping high-risk items may raise the cost of your insurance as high-risk valuable items may attract thieves or be more susceptible to damage. If it's possible, holding high-risk items like jewelry and collectibles could be held at secure locations like secured safes and lockers outside the home, which could be an option to lower your home insurance premium and protect your valuables. 

If you have more questions about how to o get the best rates on your home insurance, contact a member of the insuremyhouse.ie customer care team who will be happy to help you.