Privilege offers cheapest home insurance for no-claims customers

Claim-free homeowners could benefit from Privilege Insurance's new promise that they would beat home insurance renewal quotes for homeowners who have not made insurance claims over the last four years.

By keeping their home safe and secure and taking care of its contents, consumers can now reap the rewards in the shape of lower insurance premiums, said Ian Parker, Privilege Insurance's managing director.

This promise by Privilege Insurance is similar to their guarantee to beat car insurance renewal quotes for safe drivers, and aims to reward people who take good care of their homes and cars.

Existing car insurance policy holders are entitled to a quarter discount on home insurance. New home insurance customers are guaranteed to get the cheapest home insurance quote if they meet they are regarded no-claims customers.

Our car insurance price guarantee has proved popular with safe drivers, so it makes sense to make a similar offer to home insurance customers, Mr Parker said.

People can take out Privilege home insurance as part of a package or separately as building insurance and home contents insurance.

What is more, by using Privilege as a ‘one stop shop’ for their car and home insurance needs, customers can get great prices on both policies, commented Mr Parker.