Tips for Reducing Home Insurance Costs | Go.Compare Home Insurance with SortMyCash
How to Lower Your Home Insurance Premiums with Go.Compare and SortMyCash
Are you looking for ways to save money on your home insurance? At SortMyCash, we partner with Go.Compare to help you find the right home insurance policy at an affordable price. Here are some tips for reducing your home insurance costs:
- Increase your excess: Your excess is the amount you pay out of pocket before your insurance coverage kicks in. By increasing your excess, you can lower your monthly and annual premiums. Just be sure that you can afford to pay the higher excess amount if you need to make a claim.
- Improve your home’s security: Installing a security system or adding deadbolts to your doors can help lower your home insurance premiums. This is because insurers view these security measures as reducing the likelihood of theft or damage to your property.
- Bundle your insurance policies:
Many insurers offer discounts for bundling your home insurance with other types of insurance, such as car insurance or life insurance. This can help you save money on both policies.
- Shop around: Don’t settle for the first home insurance policy you come across. Use Go.Compare to compare quotes from multiple insurers and find the best policy at the best price.
- Pay annually: Some insurers offer discounts for paying your premiums annually instead of monthly. This can help you save money on your home insurance over time.
- Install smoke detectors and fire alarms in your home, as this can reduce the risk of fire-related claims.
- Make sure your home’s plumbing, heating, and electrical systems are up to date and in good working order to prevent water damage or fire-related claims.
- Consider insuring your home for its rebuild value rather than its market value, as this can sometimes lead to lower premiums.
- Check if your insurance provider offers a no-claims discount, which rewards customers who haven’t made a claim in a certain number of years.
At Go.Compare, you can find a wide range of home insurance policies from over 60 UK insurers. With SortMyCash, you can easily access the Go.Compare website and compare quotes hassle-free. Whether you are a homeowner, tenant, or landlord, we can help you find the right policy to suit your needs and budget.