News & Insights

Call our expert advisers now
on 01702 533 400

Arrange a Call Back

Check the small print – is your buildings and contents policy as cheap as you think?

A lot of us go on to the internet to source buildings and contents quotes but did you know, according to the latest Association of British Insurer’s figures, only 26% of policyholders actually buy their home insurance policy online? *

For those that have bought policies online, did you also know that nearly 60% of home insurance claims may not be covered as standard on price comparison websites or may have hidden exclusions?

Most common reasons for home insurance claims:

Water damage (28%) – Was trace & access cover included as standard on your home insurance policy? All policies quoted through Ingard have trace and access cover as standard.

Accidental damage (17%) – Most online home insurance quotes will not include accidental damage cover, which is why the cost online can appear so cheap. Accidental Damage is available on all policies offered by Ingard and is a key element of cover that should always be considered.

Theft (14%) – Price comparison websites can make assumptions such as full security locks on external doors and windows and that the property is occupied during the day. Check your policy to ensure no assumptions have been made regarding the security of your home.

Remember when the price looks too good to be true it usually is – it’s when a claim is made that the true value of a policy is known.

For help finding the best buildings and contents insurance cover, contact our team of Mortgage and Protection Brokers:

Call us on 01702 533 400 or arrange a call back.



This article was produced in partnership with Assurant.

Assurant Intermediary Ltd offers Mortgage Advisers in the UK a quoting platform (Quoforma+) to source home insurance products from across the market.

Part of Assurant (NYSE:AIZ), a global provider of risk management solutions, helping protect where people live and the goods they buy.

With approximately $32 billion in assets as of December 31, 2017 and $6 billion in 2017 revenue, Assurant operates in 16 countries, while its Assurant Foundation works to support and improve communities.




Image source: