13.12.2015 Home Insurance
Are you looking to buy a new home this year? If you are currently in the market for a new home it can be a daunting task that usually comes with a lot of questions that many don't consider particularly around where the new house is situated and if it’s prone to storms or floods or even how close it is to emergency services.
Thankfully we've put together this helpful infographic which will help you in asking some of these questions so that you can investigate your potential new property fully, before you buy.
Buying a new home is huge investment. You don’t want to be faced with high premium rates or repairs after you buy. Make sure to do a thorough check before you buy. An AIG customer recently saved himself €5,000. He checked the house properly before he bought and realised it needed a new heating system.
The cost of home insurance varies by location. Before buying, determine why that is and if there is anything you can do about it. New home owners will pay a premium that reflects the level of risk the surrounding area poses to their home. There are some factors that could increase your insurance premium:
There are two types of Home Insurance cover – buildings insurance and contents insurance. Most mortgage lenders will insist that you at least have one of these in place in advance to protect their own interest in your new home. Make sure to understand what insurance you need.
In the case of home insurance cover, it really does pay to take your time and shop around. The insurance market is highly competitive and there are a lot of great home insurance discounts out there. There are always a range of discounts available with AIG, make sure to check them out.
Before you settle into your new home be one step ahead and make sure to have an action plan in case of disaster. Here are a few tips to protect your home and things before disaster strikes:
One of the most important things on your checklist should be ensuring you have quality home insurance to protect your new home. Check out AIG’s home insurance offering and get an online quote today.