How good is your home insurance?

Are you getting the most cover for your money?

Since it's probably the biggest investment you have made, it's absolutely essential to protect your property with an insurance policy that covers every eventuality. And it's also important to know that you're getting good value for your money. So how do you assess all the products and choose one that's right for you?

First of all, you need to know exactly what the policy does - and doesn't cover. Plenty of people have been on the end of a nasty shock when they've tried to claim on their insurance, only to find themselves caught out by an exemption clause. Insurers obviously don't pay out unless they have to, and it's your responsibility to know what's in your policy. That's where some expert advice from Elsby Associates can come in really handy!

With many new homes being built close to rivers or on reclaimed land for instance, there is now - due to well-publicised effects of 'global warming' - a higher risk of flooding. And that's not gone unnoticed by the insurers - if you're buying in an area that's at risk, you may well have to pay more to get the right cover. Similarly, there are many areas - particularly 'brownsite' developments, made on land previously used for industry - where subsidence is a real problem.

The key is to get a full structural assessment when you're buying, and then make sure that your insurance policy is adequate. As a broker, we can help you make a choice that suits you and, since the cost can vary dramatically, we can also find you a deal that provides you with good value.

There's no point in having a policy which seems to offer you everything, but which - when it comes to the crunch - simply won't pay out. Basically, you'll get what you pay for - but with a little help, the cost could be significantly lower!

Call 0800 043 2631 to see if we can lower the cost of your home insurance.