Home Insurance

So you’ve bought cheap home insurance online but you’re not actually sure what you’re covered for. It’s important to understand the insurance cover you have because you need to know what you are entitled to if you need to claim. Quotes4Women realises there are lots of home insurance terms thrown around that might not make sense to the average women. Here is a list of some of the more common terms you may come across to give you a help in hand when comparing cheap quotes.

Voluntary Excess
This is the amount you agree to pay when you make a claim on your home insurance. Usually, if you increase your excess you will find cheaper home insurance quotes. The majority of insurers on Quotes4Women’s panel allow you to choose the amount of voluntary excess you pay which is good news for women looking to compare cheap contents insurance!

New for Old
This is a benefit included with most home insurance policies and one that definitely softens the blow of having to claim. When replacing your stolen or damaged items, your insurance company will pay the amount it would cost to replace the item in the shop at today’s prices regardless of its age, condition or original purchase price. A perk definitely worth looking out for!