How to Get Cheaper Home Insurance

According to research carried out by a price comparison site, homes in London prove to be the most expensive to insure in the UK.

Lambeth in south London is the most expensive area in the UK, with home insurance and contents insurance costing ?342 a year.

Thankfully, by implementing a few security measures you can effectively reduce your risk of making a claim and thus reduce your home insurance premium.

Install a home security system - Certain makes of alarm systems carry more weight than others with insurers. The NACOSS standard alarm can potentially cut up to 7.5% off your home insurance premium with certain insurers.

Install security lighting - Security lighting is a great deterrent for would be thieves.

Change the locks - If you have recently moved into a property then it's wise to get the locks changed, as you never know who may still have keys for your property.

Increase voluntary excess - The excess is the amount you are willing to pay towards a claim. For example, if your excess is ?50 and you make a claim for ?100 then you pay half and your insurer pays the other half. The higher the amount of excess that you are prepared to pay then the cheaper your premium will be.

Put your lights on a time switch - If you are going to be spending long periods away from you home, then lights that are on a timer system give the impression that the house is occupied. This is a great deterrent for thieves.