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Home Insurance Comparison Guide

Finding the policy that’s right for you

Finding the right home insurance can seem overwhelming, with so many providers and options to choose from. Comparing home insurance is made simple with Asda Money, as we’ve done the work already and hand-picked a selection of providers based on value and high quality cover. To help you on your way to finding the right policy, we’ve answered a few popular questions.  

How do I compare home insurance?

 

Starting the process of comparing home insurance is mainly about having the right information to hand before you begin. You need to know what type of property you want insurance for, including its age, the number of rooms, and what kind of security systems you have. You also need to work out how much it would cost to rebuild your house if it was destroyed, rather than the sale value. If you’re also looking for contents insurance, you need to work out how much it would cost to replace all your belongings and furniture.

When comparing different quotes you should carefully check to see which policies provide the cover you need, as well as comparing the price. You should compare the optional extras, especially if you need things like bicycle cover or protection for your garden furniture.

Which home insurance provider is best?

 

Every home insurance provider is different, and each offers their own value and benefits. The important thing is to find the provider that gives you the level of cover you need at a price that works for you. At Asda Money, we’ve chosen our providers based on value and quality cover, so you can be confident you’ve got a great selection to choose from when you compare through us.

Who has the cheapest home insurance?

 

Comparing different quotes is the simplest way of finding the cheapest home insurance for your needs. Just remember that it’s never worth compromising on the cover you need for a cheaper premium, as you could end up paying for it later if something happens.

Having less cover than you need could mean you still have to pay to repair or replace something in the event of an accident. When comparing quotes from different providers, make sure the policy covers what you need including any extras like accidental damage or legal protection while still fitting your budget.

Top Home Insurance FAQs:

Do I need Home Insurance?

Neither buildings insurance nor contents insurance are actually legally required so, technically, no you don’t need them. However, some mortgage providers will require you to have at least buildings insurance before lending you money to make sure that their loan is protected and, without home insurance, you run the risk of being responsible for the full cost of any repairs your home needs after a serious incident like a fire.

Especially if you own your home, getting home insurance is a sensible decision to make sure you’re not caught out unprotected in the event of a disaster.

Is theft covered by Home Insurance?

This will vary from provider to provider but, generally, theft of your belongings will be covered by contents insurance. Following the general rule that contents insurance is to cover your possessions while buildings insurance insures you for damage to the structure of your home, standalone buildings insurance typically won’t include coverage for theft.

What does accidental damage mean?

Again, the definition of accidental damage varies depending on who you choose to take a home insurance policy with. In most cases, however, accidental damage cover will protect you against damage that’s caused suddenly by non-deliberate actions. This could include knocking over a glass of wine and ruining your carpet, drilling into your wall and hitting a pipe, or even a toddler bumping into your TV and causing it to topple and break.

Will I need a credit check?

If you choose to pay for your home insurance policy in monthly instalments over the course of the year, it’s likely that a credit check will be necessary to make sure you can pay the full sum back. This will usually be a soft credit check, however, which won’t leave a record on your credit history. When you buy annually, credit checks generally aren’t required.