how much do you pay for home insurance? (Large, 5 bed properties)

[Howeffinmuch]

on the brink after paying my renewal today…

was £530 last year (5 bed, large property with outbuildings, listed building)

this year- same policy, same company (still cheapest) bloody £875!!!

:(

how much do you pay for what size property?

I pay £89 a month. But we have some £££££ watches included in that. Buildings and contents on a 4 bed semi.

Youre going to get random answers that don't mean much. So many variables.

Oh good point! @NotYourHolidayDick

we don’t have hardly any expensive contents to declare…. (Two laptops and that’s it) seems so much

did you insurance go up a lot this year?

4 bed detached, 1980s build, paid £280 last April for the year

Err, buildings and contents, 5 bed house, including a couple of watches that are ££.
£172 last year.

Cheers folks- that seems so much more affordable!

although, I was £200 - £400 for my 2 bed cottage previously… which in comparison seems a lot, urgh. I’m in Scotland btw- not that that would make any difference surely

Same size as yours OP but not listed.

I pay about £50 less than you pa

I never really thought to change as didn’t seem unreasonable, I would change if it doubled. Mine is with my bank and I have other insurances with them.

4 bed terrace, London. £847 for buildings and contents this year! And I did do a comparison check for my sanity and it was among the cheapest for what we were getting.

I'm trying not think about it.

Oops sorry I meant £50 less than your £530.

Well it does seem a lot - if no claims it’s weird.

Insurance for the cars went up for me but the house stayed the same.

There are car insurance threads on here that I saw saying the same…

Our house got redesigned higher risk of flooding by the environment agency and the premium tripled. I'm currently paying double your quote.

I think premiums have gone up generally, but has anything similar happened to you OP I wonder?

We pay £45/month. 5 bed house, plus contents insurance (including a few bikes, jewellery etc).

5 bed modern house
nearly £700 just renewed

what pushes it up a lot every year is bikes- and insuring them outside the home. And accidental damage. With kids I think accidental damage is justifiable, possibly less so without.

on a slightly more positive note over the last 10 years I’ve had to make three fairly big (few k) claims. And that hasn’t affected our premiums hugely. Not yet anyway.

Thanks for the replies everyone, appreciate it.

thats something I’d never had thought about, thanks @Citrusandginger who/how did you find out about the change? Sorry yours tripled :(

we are a 1/4 from the sea (but up high on a hill) whether that’s had anything to do with it

that gives me a bit of comfort, thank you @StillWantingADog just one of those things….resent paying it but will be grateful should I ever need to claim

We don't own so I don't know. I do know people in our village are getting refusal of renewals because so many have claimed re: floods this year. Flat farmland, NW England. If you are a quarter of a mile from the sea, that could be it. You might get some luck if you tell them the elevation above sea level of your home. I think they are looking differently at homes and water this year, as it's been so awful.

Postcode, listed status, increased costs of building materials and labour, changes to flood risk status, uplift to rebuild costs or contents cover, claims history etc, will all be variables.

Plus insurance companies have paid out a lot over the last few years that needs to be recouped via premiums.

Ours is extortionate - 5 bed, listed, timber framed, on the edge of a flood zone. We paid £4.5k this year via a specialist insurer because none of the standard companies would insure it. Fully expecting it to be £5.5k at least, next year

5 bed, thatched, listed, a few expensive items in the contents (art, bags, furniture), SE. Rebuild cost £1.3 m, insured for £2.8k this year via one of the specialist brokers. That’s a grand up on last year.

One of the major underwriters for listed/thatched properties has left the market apparently, so there’s been a contraction, plus inflation means the rebuild costs have been pushed up in the algorithms.

When I renewed a few weeks ago, I had to request the rebuild cost to be increased - the contents cover is automatically increased each year but the rebuild cost isn’t.

Something to be aware of, as obviously the cost of labour and materials has gone up significantly over the last few years.

1k with the NFU. Period property

We pay about £400 a year, covering buildings, contents, personal possessions covered away from home, and accidental damage. 5 bed 1990s build. No exceptional items.

Small 3 bed thatch £850ish
That’s without accidental damage. It’s the thatch that does it here. Ironically because we have to have regular electrical safety certification, have fire extinguishers etc it’s less likely to go up than your average house with ancient wiring….

My other small 2 bed modern house (rented) was £250.

2 Bed, thatched, listed, no expensive watches or art or bicycles. Just renewed at £800, but moved from our previous insurer who quoted a renewal of £1100. It's crazy that the amount we've saved from moving insurer is the amount some pay for their insurance. But that's the joys of a thatched, listed property!

I pay £35 a month for buildings and contents on my 5 bed, in Scotland too. It's with Churchill.

My parents were quoted £2500 for a 4 bedroom listed house this year, managed to haggle them down to £1000.

£744 for 5 bed in a small town.

But I had a nightmare with a claim through policy expert this year so am prepared to pay more rather than go for the cheapest. The policy expert renewal was a fair bit cheaper but just not worth the pain if anything went wrong. We ended up more out of pocket because they were so rubbish.

Paying €845 for a 6 bed, 3 bath, 215sqm includes the granny flat that we rent out. In Ireland.