Compare home insurance
Home insurance comparison tips for when you compare home insurance policies and home insurance offers.
When you compare buildings or contents insurance, you’ll find that not all policies are alike. Be aware of different features and benefits when you compare.
Get a home insurance quote to help you compare.
Compare offers
With the insurance industry being such a competitive market, you'll find that some insurers will offer huge introductory discounts. There can be a wide range of discounts offered so it's wise to shop around.
Be careful though as the bigger the discount may not necessarily mean the cheaper the premium! It's also important to look at the cover offered with the price.
Did you know LV= 5 star rated home insurance offers a discount for buying a new home insurance policy online? We also give a further discount for taking out buildings and contents insurance together.
Compare what's covered
With so many different home insurance providers around, the level of cover offered by each insurer varies. It's worth finding out what cover is included as standard and what you're paying extra for. Some insurers may charge extra for cover while others include it as standard.
Compare cover levels
Although policies may be similar on price, they can differ between the type and amount of cover they offer. For contents insurance, some insurers provide you with a standard limit of cover to replace all the contents in your home, £50,000 for example. Others allow you to select just the amount of cover you require - this is known as 'sum insured'. We offer this type of cover for our contents insurance, which gives you great peace of mind knowing that you're only paying for just the cover you need.
Compare replacement
LV= will replace most of your contents on a new for old basis meaning we would replace your items with new ones. However, there are some insurers who would only replace the item on a like for like basis and therefore on the value of what it's worth today and not with the cost of a new one.
Compare extras
Some home insurance policies cover certain things as standard. On other policies you can sometimes choose additional cover, such as cover for plants in your garden and cover for download information.
Did you know LV= provides both of these as standard under our Dafaqto 5 star rated contents insurance policy?
Compare exclusions
It's important you know if your policy has any limits or exclusions. For example, if your home is going to be empty for a while restrictions may apply so check these out first.
Compare excesses
An excess is the first amount you have to pay in event of a claim. Excesses vary from insurer to insurer so check these out.
Here at LV= we offer one policy excess which means if you have a buildings and contents claim you'll only have to pay the one excess.
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