House insurance

[Easily Led]

Does anyone know what an average cost for house insurance should be for a 3 bed semi-detached in a rural location?

[Northants Girly]

Does anyone know what an average cost for house insurance should be for a 3 bed semi-detached in a rural location?

think I pay ~£50 a month . . .

have a look at moneysupermarket.com as think I got my last quote on there

[cederic]

£50/month feels an awful lot - I just got a renewal quote covering buildings and contents in a rural town/village for £212 for the year.

However, factors such as flood risks, local crime stats, claims history, security mechanisms, value of the buildings, land and contents, new-for-old vs replacement value, accidental damage cover and any items insured outside the home will all influence the price so it's extremely difficult to compare like with like...

...except through the online quotation engines, and MoneySavingExpert.com is probably the best start point as they'll point you at multiple aggregators (including MoneySupermarket.com) and a couple of direct-access-only sites that might prove cheaper.

Disclaimer: I work for an insurance company, but I'm not an actuary and my employer's website is not mentioned above. I'm also insured with someone else

[Northants Girly]

Yes it does seem a bit steep. However I have a feeling that last year I was so busy I stupidly never looked for new quotes at renewal time and just went with the last company . . .

Just back tracked and in 2007 I was paying £34 a month so I definitely need to pulll my finger out next time!

[jivecat]

Yes it does seem a bit steep. However I have a feeling that last year I was so busy I stupidly never looked for new quotes at renewal time and just went with the last company . . .

Just back tracked and in 2007 I was paying £34 a month so I definitely need to pulll my finger out next time!

Typical insurance company behaviour - ripping off established customers by upping their renewal quote. They make me sick. (Sorry Cederic.) I can't stand that I have to spend hours of my life phoning round for quotes every year in order to get a fair price.

My suburban 3 bed semi is due for renewal at about £330 this year, I have buildings and contents separately. I'm sure I could get that lowered by making several hours worth of calls.

[Missy D]

I shopped around and got a good deal with Direct Line Insurance as I have both my cars insured with them too..

[emmylou25]

If once you've found a good deal, try going to their website via a cashback site as well - quite often on insurance, you can get good % of your purchase back. Again, moneysavingexpert gives good advice on all the cashback sites.

[Northants Girly]

If once you've found a good deal, try going to their website via a cashback site as well - quite often on insurance, you can get good % of your purchase back. Again, moneysavingexpert gives good advice on all the cashback sites.

Yeah someone (was it Martin whatshis name? sorry only half listening . . ) was on Watchdog last night talking about cashback deals (on car insurance). Think it's something to look into.

He also said to compare the comparision sites too.

[philsmove]

I do all my personal insurance with NFU
when I asked for a quote for work, they were honest enough to tell me to look at someone specialising in my business
You do not have to be farmer, or even live in the country, to insure with NFU

[emmylou25]

Yeah someone (was it Martin whatshis name? sorry only half listening . . ) was on Watchdog last night talking about cashback deals (on car insurance). Think it's something to look into.

He also said to compare the comparision sites too.

Martin Lewis. His website is the moneysavingexpert one - if you're a voucher person, or just want to use some budget calculators or find out the current best deals on savings accounts etc, his free weekly email is really handy.

[emmylou25]

You do not have to be farmer, or even live in the country, to insure with NFU

My OH is a farmer, so we have to go with NFU for lots of our stuff because noone else offers it, but they do seem competitive and are very helpful compared to some insurance companies.