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First Time Buyers

Monday, January 05, 2009

If you are a first time home buyer, you could benefit from considerable savings on your Home Buildings and Contents Insurance.

When you shop for a quote, remember to ask about first time buyer discounts. Some companies will offer you a No-Claims bonus, even though you might be setting up your first Buildings and Contents policy. This discount is sometimes 1 year but can be extended to 2 years by some insurers.

No-Claims bonuses can significantly reduce the cost of cover so if you're a first time buyer, be sure to get the maximum savings available to you. If you're not happy about the No-Claims bonus offered, try another insurer.

Saving money on Home and Contents Insurance


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What to look for Home Insurance Quote Wizards Article free to non-subscribers Impressive online quote system. Decent savings for first time buyers.
www.buildingsandcontents.co.uk - Top insurers with special online rates. Instant Quote links
www.insurance-info.co.uk - UK insurers directory.
Trial results What to look for 
What to consider before you buy. Frequently Asked Questions & Answers.


Key Facts
Percentages of UK household obtaining insurance cover:
Buildings Insurance 61%
Home Contents Insurance 75%
Mortgage Protection Insurance 17%

Source: Association of British Insurers 2002/3



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