How do I compare home and contents insurance?

Home and contents insurance can cover you and your family so you can live life with less worry. But with so many insurers offering so many options, it can be hard to know if you’re comparing apples with apples. Here are some handy tips to help you compare home and contents insurance and ensure you get the level of cover you need.

Check what’s covered in each policy you’re considering

The cover you need will differ depending whether you want:

Once you’ve worked that out, it’s time to do some research. Different policies might look similar on the surface, but you’ll have to dive into the details to decide which one best meets your needs. The first step for your home and contents insurance comparison is to work out exactly what these are.

Make a list of your home insurance must-haves, like theft and flood cover for example. And perhaps some things you might be able to live without, like portable valuables cover. Once you’re clear on what you’re after it’ll be a lot easier to compare the positives and negatives of the different policies you’re considering.

Compare Home Insurance Options 

Review any available add-ons

On top of what’s automatically included, some policies may come with a range of available optional covers. Before going with the bare minimum, have a think about what optional cover you might need so you don’t get caught out in case you need to make a claim. 

What are the features of your property? Do you have contents that might need to be specified on your policy, like valuable collections or jewellery that exceeds the policy limits? If there’s something you’re not sure about, it’s worth asking an expert directly.

Avoid options you don’t need

It’s easy to be drawn to home and contents insurance policies that come with lots of bells and whistles. But if the flashiest policy on your pile also comes with a whole lot of extras that aren’t on your list, odds are you might be paying for things you don’t actually need. 

Work out the cover you need, and steer clear of unnecessary options. That way, you’ll keep your premium lower and get a clearer picture of the choices in front of you. It can also be worth drawing up a list of extras that would be “nice to have” compared to those that have no real practical value. If it comes down to it, this can be a way to decide between policies. 

Remember to ask for a quote for each policy you’re considering

To make an informed decision on your home and contents insurance, you need to have good information. Make sure to ask for a quote for every policy you’re looking at, and compare that quote against other quotes you’ve received.

At GIO, we want to support you to make the decision that’s right for you and your family. If you have any questions about the cover we offer, then give us a call on 13 10 10 or simply get a quote online.

Got a question?

Ask George, your GIO Virtual Assistant