I looked at this the other day (same 2 adults, 2 kids) and the cheapest quote I found was £136 per year. My friends were astounded as they were paying nearly twice this amount. We are in rented accomodation though...don't know if that makes it cheaper.
What was the level of cover for that. When I took out our existing policy I was scared about being under-insured so I think over estimated how much our belongings are worth. It didn't matter then as we had more money but I really need to cut our premiums if I can.
Thanks. We're stupidly over insured at the moment because I haven't ever had the energy to actually list everything we have so I guessed and adding £20k just in case. Apparently average sum insured is £35k & most people are underinsured by 21%.
not adjusting the £6k each they have for floor covering and curtains (no idea on floor coverings but there is NO WAY I have £6k of curtains), I come out at £50k on their list. I'd probably up that a bit for things I haven't thought of, maybe 20% to come to £60k.
A long way short of the £114k on the initial estimate.