A guide to shopping around for home insurance.
We know the importance of feeling safe and secure, so when it comes to your home, we want to make sure you have the right insurance for your needs.
This is why we recommend you shop around and compare insurance quotes before you commit to insuring your home. There are many kinds of home insurance that offer cover, should something unexpected happen. Lloyds Bank offers two levels of cover: Home Insurance and Home Insurance Premier.
We want to take the complications out of comparing home insurance, so here is our simple guide to finding the right insurance for you:
If you already have home insurance, you should check your policy documents. Your needs may have changed since you first took out insurance. Check whether everything in your existing policy covers your current needs.
There are many changes you can make yourself. Is there any way you can make your home safer from burglars, fire, or weather damage? Will changing from paying monthly to paying annually reduce the overall cost? Small changes can make a big difference.
List all the things you need cover for, and keep in mind these three questions:
Finding a great home insurance quote has never been easier. There are so many ways to find the right insurance and switch your home insurance provider:
If you’re shopping around for cheap home insurance, don’t base your decision on price alone. The cheapest policy doesn’t always have the best cover for your needs. Try to get as many home insurance quotes as you can. You may have built up a no-claims discount: keep this in mind when renewing.
Make sure the features you’re comparing are identical. Sometimes there are things that are hard to spot, like excess amounts. Always check when comparing home insurance quotes that all the details match up.
If you follow these steps, you’ve a better chance of finding the appropriate home insurance policy for your needs, at the right price.
We hope you found this guide useful. Now you’re ready to shop around for insurance, you can easily get a quote for Lloyds Bank home insurance in around ten minutes, and compare it with others you might find elsewhere.
Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Authorisation can be checked on the Financial Services Register at www.fca.org.ukVisit the Financial Conduct Authority website. Lloyds Bank plc is a member of the Financial Services Compensation Scheme and the Financial Ombudsman Service.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065.