Gocompare reveal the gaps in home insurance costs
According to new reasearch from Gocompare.com the gap between the cheapest home insurance policy and the averaged price policy can vary by as much as 45 per cent, this means that people who compare home insurance and generally shop around for insurance could effectively get 3 years cover for the price of 2 - I didn’t think about it like that!
All figures from Gocompare.com
Hayley Parsons, Chief Executive of Gocompare.com 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. At the very least, shopping around will enable you to see how your renewal quote compares with a much wider range of policies. Our examples show that by picking the lowest price each time as opposed to the average price, it can be possible to get the equivalent of three years cover for the price of two. However, whilst significant savings can be made, it’s important that you compare insurance policies on the cover that they provide, and not just the price.”
Gocompare.com’s Home Insurance service lets you input your details once and compare more than 20 insurance brands including The AA, Budget, Endsleigh, esure, insurepink, Kwik-Fit, MoreThan, Sheila’s Wheels, Swinton and Zurich home insurance.
Always make sure you compare home insurance and shop around to get the best deal for your needs.
Another thought - If this is the case for home insurance then surely it makes sense to do the same when you’re getting a car insurance quote? There are a host of price comparison sites to choose from so make sure you compare car insurance by getting a few quotations from each one;