Money saving tips

The following money saving tips can help you find cheaper home insurance:

• It is possible to reduce your home insurance premiums without cutting back on the cover. You should get at least five quotes and compare what each policy offers you.

• You can also call your insurance company or local neighbourhood watch scheme and they will send you a list of things to do to make your house more secure.

• You should fit locks to all windows and level 5 (BS3621) mortise deadlocks locks to the doors. Most insurance companies will give you up to 10% off your contents insurance if you have these kind of locks fitted.

• You can also have an alarm fitted by a recognised alarm fitter, which your insurance company can recommend, this can give you up to 10% off your policy.

• Become a member of the local neighbourhood watch scheme.

• If you apply online you will normally get a discount of 5% or more.

• Some companies focus on specific types of customers, such as the over 50s, which can make them more competitive if you fall within this bracket – but not always, so you should check normal insurers too.

• Mark your belongings with your postcode and make a list of valuables, noting the serial numbers of electronic appliances.

• Try and look at your house through a burglar’s eyes – are there places where they could break in unseen? Have you fitted strong locks on your doors and windows? Would they have to make a lot of noise by breaking glass?

• Once you have taken the above steps, contact your insurance company so they can reduce your policy accordingly.