When it comes to taking out house insurance, there is often a lot of questions that you need to answer. Being prepared for these questions can make the whole process very quick and easy. The following are some pointers on how you can help yourself prepare for taking out home insurance, whether for the first time or when renewing your policy.
1. Plan your cover wisely
Do you have a current home insurance policy? If you do, you should check and make sure it includes everything you possibly need. If you’ve recently bought anything worth insuring, such as an engagement ring or a piece of art, add these items to your policy. Contact Insuremyhouse.ie before renewal and upgrade your plan.
One way to save money on your insurance is by bundling your plans. By purchasing your house and car insurance from ourselves and our sister company Coverinaclick.ie, you’re likely to get a discount. Adding additional insurance policies such as van or liability insurance and the added discounts help you save a lot in comparison to buying completely separate policies.
2. Disaster-proof your home
Did you know that it is also possible to save money on your house insurance policy if you make changes to improve your home? Sometimes changes such as upgrading your heating or electrical systems could help you reduce the risk of damage to your house.
Another way to help disaster-proof your house, and save money while doing so, is by making it more secure. Did you know that a lot of insurance companies offer a discount for houses that have installed smoke detectors and alarm systems? Installing deadbolt locks on your doors and additional locking mechanisms on windows are very simple and effective ways to help secure your home and reduce your risk of burglary.
3. Keep an inventory of valuables
This tip may be one of the most helpful and important tips in this whole blog. Yes, this task is daunting, but if you put it off, you might not have a detailed list in the case of an emergency.
Going room-to-room, create an inventory that includes detailed descriptions of your goods. Do this on a computer so that you can update the list at any time with new purchases or upgrades. Don’t forget to take old items off the list if you remove anything from your home. It may be best to order this list by the room each item resides in. Each listing should include the make, model, price paid, and date of purchase. Take photos of your items and keep scanned copies of your receipts, and warranties as a digital proof of ownership.
Once your inventory list is complete, store it, along with all the digital proof somewhere safe, and always have a backup version of the list that you can store elsewhere in case to original gets lost or deleted.
4. Know replacement costs
If there is ever any damage to your house, you’re going to want to get it repaired, right? Imagine if the entire house needs to be replaced due to a fire. How much would that cost? Knowing what to expect for replacement costs will help you start the rebuilding process and speed up your claim. When you have your home appraised, ask for a rebuild cost estimate. Once you have this, ask if it also includes the cost of your valuables.
If you would like more tips for when you are getting home insurance you can speak to our specialist home insurance team on 016032999 or you can fill in our online quote form and we will give you a call with the best options available to you.