Shopping around for home insurance could net consumers massive savings, according to new research.
A study undertaken by Gocompare.com found the difference between the average price and cheapest home insurance policy can be up to 45 per cent.
This means that anyone who shops around can effectively get three year's home insurance cover for the price of two, the report stated.
Hayley Parsons, chief executive of the firm, said: "As our figures show, the difference in premiums between insurance companies can be quite significant so it is important that you don't just accept the first quote that you are given."
Ms Parsons did warn that people should make sure that they compare home insurance on the level of cover a policy provides and not just cost.
Earlier this week, Debra Williams of Confused.com advised people to check their home insurance policy at least once a year to make sure that it still covers all their valuables.
Shop around for home insurance, consumers told
Financial Services > Home lnsurance > Home Insurance News
Shop around for home insurance, consumers told
Thu, 24 Apr 2008
Recommended links
Home insurance portalApply for a home insurance quote
Compare home insurance providers
Introduction to landlord insurance
General home insurance questions
Shopping around for home insurance vital in tough times
Households failing to shop around for insurance
| Home Insurance news |
|---|
| Home insurance warning over bikes - Tue, 18 Nov 2008 |
| Home insurance warning for holiday makers - Mon, 17 Nov 2008 |
| Tesco offers home insurance discount - Fri, 14 Nov 2008 |
| More News |
Save on Your Mortgage
Would you like to save money on your mortgage? Fill out our quick mortgage enquiry form.
Protect Your Health
Find Critical illness, Life and Private Medical Insurance PMI policies.