Home Insurance
Home Insurance
Homeowners urged to review insurance
Tue, 03 Jan 2006
As the new year gets underway, homeowners are being advised to review their home insurance policies as part of their 2006 resolutions.
With a large number of people intending to give their finances a makeover this year, reviewing home insurance policies should be at the top of the list, experts claim.
Although resolutions are all too easy to put-off, January provides at excellent opportunity to sort out financial issues, says QCK.com.
According to the website, reducing expenses by shopping around for a better home insurance policy is a quick way to save large amounts of money.
Although around 55 per cent of first time buyers arrange their home insurance through their mortgage provider, this often does not offer the most cost effective policy.
"Every year, thousands of people blindly renew their home insurance with their current insurer, not realising that they could probably benefit from a superior level of cover at little, if any, extra cost. Or the same level of cover at a reduced cost," say the website's advisors.
"Most people don't think there's much difference between one home and contents insurance and another, but the truth is that insurers are competing for your business and there are good deals out there if you shop around."
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