Home insurance renewals

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Be careful what your renewing.

If you took out home insurance with your bank that gave you your mortgage,the chances are your paying up to 30% too much.

Some people just let the home insurance renew automatically,be careful of this,shop around or go directly to a broker and let them do it for you.

Brokers get group scheme rates that banks or individuals cant get,hence get the best home insurance prices.

I have seen home insurance policies that massively over cover the client,banks mis-sold these so they got a bigger slice of commission.

The chances are your rebuild value has reduced dramatically since Celtic tiger years and also contents cover is usually enough at 10% of rebuild.If you have high value items(jewellery etc)insure them on the policy separately.

 

There are so many reasons why not to¬† let it renew automatically each year,get the right policy at the right price and don’t be paying banks extra commissions.

 

For any quotes you want or queries you have ,email me at darragh.farrell@yes.ie or call me directly at 016339245.