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Keep Insurance costs down for your Property

By: Daniel Chubb | October 11, 2007 | Leave a Comment

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£2 billion in damages and losses last year were caused by fires, storms and various other domestic disasters. ¾ of this figure has been covered by insurers, but customers still lost their no claims discounts and had to face the costs of paying policy excesses.

After a summer of flooding and mini tornados the figures for this year will be higher. In a bid to keep a claim free year there are steps that a homeowner can take to minimise any damage which may be caused.

“The system of rating by postcode means that properties are banded together by insurers’ experience of claims in that neighbourhood. It is up to you to stand out from the crowd and show why you deserve a lower premium” Graeme Trudgill from BIBA.

Source this money

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