Home and contents insurance is an important part of life.
We all need to protect our possessions.
After all, you work hard for it and collecting all your creature comforts can take years of hard work.
When disaster strike however, you can lose it all in the blink of an eye.
This is when insurance really comes to its own.
It will enable you to replace it all and although it cannot replace any sentimental value, it most definitely can replace the monetary value.
The challenge is that when you pay insurance premiums month after month without ever making any claims you can easily think that its a waste of money or that its a possible saving.
Usually you really need your insurance when you haven't got it.
You don't need to get rid of your insurance completely to save.
There are a few easy things you can do.
The first is to secure your home.
Securing it against burglaries will help you reduce your contents insurance and taking some safety precautions against things like fire can save you a fortune on your buildings insurance.
The biggest threats when it comes to contents insurance is burglaries.
Have you ever considered getting a home alarm? How about a security gate? Simple things like this can help you have a huge impact on your insurance premiums.
Its well worth talking to your insurer to get a checklist of everything you can do.
Likewise for the portion of your insurance that insures your building you need to take measures to reduce the risks of fire.
Something as simple as fire alarms can help you reduce your premiums.
If you live in an old house, getting your home re-wired can greatly reduce the risk of fire and therefore reduce your premiums.
There's always something you can do to help reduce the cost of home and buildings insurance.
Even if you have to compromise on some of the "luxury" items like mobile phones, but never let it go completely.
In the end you will pay a dear price.