Home insurance
Taking on a mortgage means more than having a home to call your own; with freedom from renting comes the responsibility for your new abode and the contents within it.
Over half of first-time buyers opt to arrange their home insurance through their mortgage lender, but this is rarely the most cost-effective choice.
With a little extra research - and the help of info-packed websites like Northern Ireland Car Insurance - you're likely to end up getting better cover for a lower price.
So, whether you're a first-time buyer keen to get off to a money-saving start up the property ladder, or a veteran homeowner looking to renew your home and contents insurance, the following are some pointers to guide you in the bargain-bagging direction.
· Level of cover offered: Although few policies provide cover against accidental loss and damage as standard, most cover events such as fire, explosion, theft, storm and flood damage
· Area of cover: A "worldwide all-risks" policy may protect you comprehensively anywhere across the globe, but most generally define where your possessions are covered, e.g. "in the home" only and not outside of it
· Security: Most policies will insist on a minimum standard of window and door locks, and some will require you to have an alarm installed
· Valuations: Some insurers are known to ask for the specific value of items like jewellery, fine art, antiques and collections before agreeing to cover them under your home/contents insurance policy
· Don't assume that a policy will cover theft from your car, shed or other outbuilding - for example bikes or garden equipment
· The best home insurance policies will cover everything you would normally take with you when you move house, right down to your CD and DVD collections
Taking on a mortgage means more than having a home to call your own; with freedom from renting comes the responsibility for your new abode and the contents within it.
Over half of first-time buyers opt to arrange their home insurance through their mortgage lender, but this is rarely the most cost-effective choice.
With a little extra research - and the help of info-packed websites like Northern Ireland Car Insurance - you're likely to end up getting better cover for a lower price.
So, whether you're a first-time buyer keen to get off to a money-saving start up the property ladder, or a veteran homeowner looking to renew your home and contents insurance, the following are some pointers to guide you in the bargain-bagging direction.
* Level of cover offered: Although few policies provide cover against accidental loss and damage as standard, most cover events such as fire, explosion, theft, storm and flood damage
* Area of cover: A "worldwide all-risks" policy may protect you comprehensively anywhere across the globe, but most generally define where your possessions are covered, e.g. "in the home" only and not outside of it
* Security: Most policies will insist on a minimum standard of window and door locks, and some will require you to have an alarm installed
* Valuations: Some insurers are known to ask for the specific value of items like jewellery, fine art, antiques and collections before agreeing to cover them under your home/contents insurance policy
* Don't assume that a policy will cover theft from your car, shed or other outbuilding - for example bikes or garden equipment
* The best home insurance policies will cover everything you would normally take with you when you move house, right down to your CD and DVD collections
