Many online comparisons draw a blank if your circumstances are slightly outside the norm, or you'll pay over the odds if your house has suffered from issues like subsidence or flooding. At PayingTooMuch.com we can often provide cover where others fail, and at competitive prices.
Here are some of the more unusual risks we cover :
1. Landlords cover
Whether you rent a small flat or a large house, our dedicated landlords insurance protects your buildings and contents as well as covering loss of rent. Some policies include property owners' liability and accidental damage and also alternative accommodation if needed after a claim.
2. Thatched roofs
A thatched country cottage is a dream for many of us, but often it can be tricky to buy home insurance if you're lucky enough to live in one. Some insurers won't provide cover and others typically charge a much higher premium due to the perceived increased risk of fire and the need for specialist tradespeople should the worst happen. However, at PayingTooMuch.com we have access to providers who offer competitive prices to give you peace of mind that your special home is protected.
3. Unoccupied properties
If you are renovating a property whilst living elsewhere, or have inherited an empty house then you should ensure it is has cover for buildings and contents as you would for your main residence. However, it is sometimes difficult and costly to get this specialist cover, but we can provide policies for homes that are unoccupied for up to two years. Short term cover is available too, for three, six, nine and twelve months, if you know the property will be unoccupied for a certain period of time.
4. Flooding and subsidence
Finding cover for a property which is in a flood risk area, or has suffered from structural movement can be tricky. Some insurers won't consider this type of risk or will charge a hefty premium for cover. We have many specialist schemes which cover houses that have been flooded or suffered from subsidence in the past. This includes properties which have been recently underpinned, previously uninsured and also historic buildings.
5. Listed buildings
If your home is of special historic importance then it is likely to be listed and you could struggle to find affordable home insurance. Some providers won't offer this type of cover as listed properties are typically more expensive to repair as they were built using non-standard techniques and materials. They could also be at a higher risk of suffering from damp and other types of decay compared with modern properties. At PayingTooMuch.com we have a panel of insurers who offer listed building policies and our team can provide information on the best type and level of cover for you, at the right price.
6. Holiday homes
If you have a second home in the UK then you will need to buy specialist insurance to cover the increased risks as a result of longer periods when it is empty. Most standard home policies only cover the property if it is unoccupied for up to 30 days per year. Holiday homes are likely to be empty for much longer and are therefore prone to theft and unoccupied issues such as burst pipes.
7. High net worth
For wealthy customers requiring more than standard home insurance we offer a number of policies with varying levels of cover. These include:
- higher contents cover, from £75,000 to over £250,000
- longer periods of alternative accommodation (up to five years on some policies)
- personal liability
- no onerous security conditions or maximum sums insured limits
- guests' personal effects cover
- unlimited pet damage and pedal cycle cover
So whether you need a completely standard home insurance policy, or have slightly unusual circumstances, we can help. Give our friendly team a call on 01243 219333 and they will guide you through your options.
