Insurance Guide

You’ve just bought your first property and the next step is to insure one of the largest assets you’ll ever own. Buying a house is a big financial investment, and home insurance is the safe haven against those ‘what if’ events. This guide will take you through the ins and outs of insuring your home, covering a range of topics from why you need insurance in the first place, what it actually covers, how much your home is worth, to the claims process and how to save money on your policy.

How much do I insure my home for?

It goes without saying that no two homes are exactly the same and as a result, there is no building – or homeowners - insurance policy that comes as a ‘starter pack’ perfectly suited for all homes within a certain price bracket.

So what is my home worth?

The amount that your home should be insured for should not be calculated as the market value of your home, but the estimated replacement value.

What’s the deal with over and under insurance?

Under insurance is insurance cover that is less than your replacement value while over insurance cover is more than your replacement value.

How much do I insure my home for?

So what is my home worth?

What’s the deal with over and under insurance?

Cookie Notice