|
"The Easy Way to Get Your Best UK Mortgage" |
|
| Helping
over 300,000 people a year find the right mortgage NINE YEARS ONLINE |
|
|
|
|
||||||
|
|
|
For a no obligation FREE quotation please add some brief details below. This will take less than a minute. Your
information will be analysed by an independent
broker who specialise in delivering low cost, high quality
deals. This service is FREE and you are under no obligation to proceed with any of the deals quoted. |
Rebuilding
costs are not the same as the market value of your home.
Often they're less than half - for example they
don't include the cost of the land. You'll overpay if you
get this wrong. But if you underestimate it you're
in big trouble.
Ask your insurer's advice about this. The Association
of British Insurers have a useful booklet called "House
rebuilding costs". Tel 020 7600 3333. Don't
get this wrong.
Back to where you were on the form
Don't underinsure your contents and possesions. Even old furntiure etc will be expensive to replace. Too many of us regret having miscalculated when it comes to having to buy new things and finding how much we should have insured for.
Go through each room and list what you have. Be realistic about the replacement costs.
For high value items, antiques etc Get an independent evaluation.
Be wary of "blanket cover" packages which some insurers offer. These are based on the number of rooms. You may end up paying more than necessary.
Shop around for better quotes than your lender's offering and you could save thousands.
Basically as with all types of insurance: don't underinsure, don't overinsure and only get insurance that's relevant to your needs.
Back
to where you were on the form
Browse over 200 Free Mortgage TipsYour Complete Guide to UK Mortgages Find Out How to Win the Race to Buy Your Home - Home Buyers Guide Learn How to Save ££s by Remortgaging Read the Insider Info on Home Insurance Site Help |