House Insurance Explained

Buildings cover – this should be based on the full rebuilding cost of your home. Be sure to include the cost of rebuilding the garage, any outbuildings, walls, gates and fences plus any additional costs to cover architects fees, local authority regulations, moving debris etc.

Contents cover – this should be based on the full replacement cost of all household goods and personal belongings which you can move from your home.

Tip! You may need All Risks Cover. This provides protection for specific valuables which you would take outside the house e.g – laptops, cameras, jewellery, golf clubs etc.

 

Benefits Include:

• You are responsible for any third parties /domestic employees that visit your house if you are found to be negligent. Legal and personal liability is included in your policy should anything happen to these persons whilst on your premises.
• Accidental damage to radios, TV’s, any audio, video and PC equipment is covered.
• If your house is unfit to be lived in following a serious claim. Your house insurance will cover the cost of temporary accommodation.
• Your policy covers Fire Brigade charges you may occur in event of a claim.

 

Additional Benefits you may need

• If your house is going to be unoccupied/unfurnished for more than 30 consecutive days you will need specific cover
• Houses that are let or used as holiday homes need additional cover.
• Your house policy will not cover you for damage caused by wear and tear, rust or gradual deterioration e.g. burst pipe.
• High valuables such as works of art, valuable jewellery items etc. must be specified on your policy and valuations provided.

 

How to Save Money on your House Insurance

• Discounts of up to 15% may apply if your house has an approved burglar alarm
• Up to a 5% discount may apply for smoke alarms
• We will offer you a €40 loyalty discount if you already have an existing policy with us.

 

Tip! Many insurers can offer cheaper quotes but the excess on the policy will be much higher – the excess is the amount of money you have to pay before you can claim any money from your insurance company. If the excess is too high for example €500 it can often exceed the amount your are claiming.