The Halifax is reminding all homeowners that they should ensure lightning cover is part of their home insurance especially as summer sees more claims.
According to data from Halifax home insurance customers the average claim for lightning damage costs over GBP 1,400 and such claims are 14 times more common in the summer than winter. The thing with lightning is that it can travel through things, so as well as causing actual damage to the structure of a building it can also go through wires and affect electrical equipment and so on.
A Halifax spokesman also pointed out that lightning can not be anticipated so no one knows where it will strike. For this reason checking the home insurance policy to make sure lightning cover is included is a sensible step to take.
According to Tesco Finance the cost of not changing home insurance companies last year totalled GBP26 million.
The study found that almost two thirds of people remained with their existing insurance providers when it came to renewal time, even though almost half of them saw the cost increase over the previous year. For around 4 million of them the increase was more than the level of inflation, said a Tesco Finance spokesman, even though only a small number of these had increased their cover or made a claim.
The advice that comes out loud and clear from Tesco is that everyone should at least get a couple of alternative quotes at renewal time to make sure they are getting the best home insurance deal available.
Until 21 June Tesco Finance home insurance customers can get a massive 33 percent discount on their premium. Buy online and there is a further 10 percent discount available.
The discount offer is open to new Tesco Finance home insurance customers applying either online or by phone and is applicable to the first year of buildings and contents insurance. This level of discount is certain to attract plenty of interest in Tesco home insurance so it is a good job the policy itself is also a very good one.
A suggestion made by a Tesco Finance spokesman was to have a look at how their home insurance measures up against the competition since a discount of a third off the premiums for the year is a big saving.
Get your discounted Tesco home insurance and save money today!
