Is Your Home Insurance Still Good Value? Here’s How You Can Check

Simple Ways to Save on Your Home Insurance This Year

Home insurance is one of those essential expenses that most people pay, but how often do we stop and ask ‘am I paying too much?’ A recent article from The Irish Times shares some simple yet effective ways to bring down your premium without cutting corners on cover.

Here are a few key takeaways:

🔄 Don’t just renew—shop around
 Many insurers offer better deals to new customers, not loyal ones. So make it a habit to compare quotes every year before your renewal.

⚖️ Check your excess and cover level
 You might be over-insured without realising it. Make sure your policy reflects your home’s actual rebuild value, not the market value and consider increasing your voluntary excess if it brings the premium down.

💳 Pay annually, if you can
 Many providers charge interest or administration fees when you choose to pay your home insurance in monthly instalments. If you’re in a position to pay your premium annually, you might avoid those extra costs and end up spending less overall.

🔐 Boost your home security
 Insurers often give discounts for things like monitored alarms, deadbolts, and smoke detectors, simple upgrades that can save you money long-term.

🧾 Bundle you policies
 If you’ve got car and home insurance with different providers, combining them could unlock discounts through multi-policy offers.

What You Can Do Right Now
Take a few minutes to review your current policy. Is it still competitive? Are you getting value for money? Even small savings can add up over time. You can also check out this Home Insurance offer that’s exclusively for One Big Switch members! It’s an easy way for you to compare it with your current plan and see if you could save!

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