Home and contents insurance....(maybe some other 1st time buyer tips)

Just got my 1st mortgage. Nice wee flat in Paisley. (Never knew there was one myself.).
But had a quote for home insurance and the likes....want to know if I'm daft for paying it.

What would you lovely folk think would be decent

 

It can vary. Best shop around. Check out cash back sites like Quidco and topcashback because sometimes you can (eventually) get some money back.

 

If you have motor insurance, try the same company, most of the time you get a fairly good discount if you take both with the same insurer.

 

Used to work for esure, they gave you a discount for having motor and home and there home average price is 120 a year.

 

Yeah, mortgage lender won't lend unless you have building insurance. Contents is optional.


Where in Paisley did you buy the flat? I'm from Paisley and worked for many years in a taxi company so I know where all the junkies and bams are.

 

Did you go through a financial adviser when buying? We did all our insurance and stuff through them, probs ended up paying slightly more than we could have found through comparison sites but it was so much easier.

 

Home insurance for a flat in Paisley?

 

buildings insurance is a must, contents is optional but I would urge you to take it out. good advice as to ask your motor insurance for a quote but I use "go compare" for a cheap quote for a good policy. You should always slightly over insure to make sure you are fully covered. it is easy to underestimate the contents of your house and the cost of replacing them. I have contents insurance covering up to £50k which was a fiver more expensive than £30k plus it also included the contents of my garage i.e. garden tools, fishing rods, tools etc. you also have to take into account of fire, a small fire can smoke damage the entire contents of your house.

 

If its a flat check to make sure the buildings insurance is not included in your factors bill

 

Premiums are * extortionate.

 

Mortgage had went through. But my solicitor needs this to finalise his part also.
And you're right hammer that it is necessary but there's some legal bs that I need to sort out personally

And yes t2tm. Moved into forbes place (right at the art centre/canal). Really nice wee bit.

 

Aye that was the main point.

I've got a quote for buildings and contents for 350 for a year. Seemed decent

 

Went through a broker who referred to a solicitor, who ref feted me to their insurance folk.
Just wasn't sure of the deal.

See * online and think you know best.

Just thought I'd sought advice from others who may know more. Coz all my pals wouldn't their * from their elbow

 

They refer you because usaually they're getting a cut to do so, phone around mate, haggle over the phone til you get the deal you want.

Been wi Direct Line for years, always been brand new and cheap compared to some of the others.

 

Forbes Place, nice wee bit. Did you get an abbey/river view?

 

I got a mortgage about 2.5yr ago for a flat and my Building Insurance is tied in with the Factors fee so look into that first before getting a seperate one.

Contents Insurance is fairly cheap (if you want it) just depends how much value you want covered in case of any unforseen damages.

 

No mate. It's facing flats across. Still a tidy wee Street though. Just need to get everything sorted with furniture and what not.

 

It's an obvious thing to do but aside from checking the best prices, thoroughly investigate what's covered. Some of the quotes are excellent for some of the smaller companies but if you read into it you find out why.

 

small print !!!! read the * small print !!!