1- Rebuild value
If something happens to your home, are you sufficiently covered? Always make sure you are fully covered should you need to rebuild your home from scratch.
At the opposite end of the spectrum, make sure that you haven’t set your rebuild value too high, or you could be paying too much for insurance.
2 – Pay in full
If you are able to pay the whole years insurance in one payment, do so, as paying monthly will usually cost you more.
3 – Cashback
Check coupon and cashback sites, as some insurers offer deals on their policies.
4 – Auto renew
Never ever auto renew your insurance if you want to save money. The price is usually always cheaper for new customers while existing customers get a price hike! Shop around or speak to your existing insurer and ask them to lower the price.
5 – Reducing premiums
Fitting a burglar alarm, approved locks, and installing security lighting are just some of the things that can help reduce your insurance costs.