We are just finished our new build and i am currently looking at house insurance - i dont know where to start as this is my first time doing it! so any advise is much appreciated!
Our mortgage is 215,000 - and the house is worth in excess of €350/400k!
My advice would be to visit www.123.ie and try typing "free" into the promotion code area. Alternatively you can go through a broker, ie your mortgage broker if he/she are independent should give you impartial advice. One piece of advice, you should have smoke alarms in your home, upstairs and down, a minimum of 2 max of 4. But to reduce liability to yourself, do not include on your home insurance policy when speaking to a provider. This will increase your policy, probably by 30 euro a year, the advantage is - if you are unlucky enough to have a fire and the fire brigade or investigating officer discovers that your smoke alarms were not in proper working order then there is a good possibility your policy will be void.
Can anybody tell me if you are only with a company for say 3 months and you have a water leak do they have to pay the full amount to fix the damaged room?
I was told some companys you have to be with a while to get the full cover otherwise they only pay a % of the cover if damage happens in the first year.
Mercman whos Question are you responding to?
For my Question the house has full insurance etc etc.This is water damage to a room downstairs with everything ruined. My Question was has anybody come across the situation that you have to be with a company a length of time (only 3 Months) before you get a payment or a % of a payment. Has a company done this in the past to anybody.
I do not have Term and Con as it is not me but somebody of somebody who is asking the Question.
123.ie Cheapest by far. For the last four years I paid FBD in full (Dad's insurance company) with whatever price they required. This year had the TIME to actally open bill and price around. Same policy €210 cheaper.............I called into FBD office and they did not care.....Offered me a €10 reduction........