How much is your buildings and contents insurance?

[osospecial]

Buying my first house and bank persuaded me to take out theirs at £48 a month, just realising after speaking to a couple of people this seems very high, what do you think? Think I can still cancel, only agreed yesterday.

Get on confused.com, or some other comparison sites, and see.
Ours is about £250 for the year, buildings and contents.
Yours is over £500, so sounds expensive to me, but it might be area / house style dependant.

it depends ....
area
size of house
crime risk
flood risk
subsidence risk
level of cover

BUT
chances are the bank are ripping you off because they can

Mines around £15 a month. 2 bed terrace.

Thanks, its a 3 bed semi with no flood, no subsidence, area is fine, small village so should be about average rate I should think. Does anybody know if you have to use the banks insurance provider? Can it be a condition of the mortgage? And is there a cooling off period as I've agreed but only yesterday

absolutely BANNED from locking insurance to mortgage
financial product so 7 working days cooling off
go online and see what you can get and then make them match it

Mines £22.65 a month for buildings and contents. 4 bed semi, safe area etc. cheaper to shop around on the internet.

Thanks for all the help, I will be ringing them to cancel it tomorrow :)

£600 a year??? Wowser. No way for what you describe unless the small village is Chelsea...

run some comparisons as suggested - make sure you get all the detail right.

I think we paid £200 for ours but we had high value items etc.

If you register with topcashback you can get money back on the transaction.

I got £70 back on mine for going through there and buying from aviva.

About £200 per year. 3 bed terrace, including some high value extras.

my renewal for this year is quoted at £343 for the year and that is with a claim that was made at the end of last year (and I thought that quote was high!). We have a 4 bed detached house.

£155 a month with a specialist insurer for a 5 bed extended detached, but our house had historical (fixed) subsidence.

£12 a month for both b&c - 3 bed semi

I haggle big time and threaten to leave unless they match price I find on supermarket.com etc

You are def being over charged so cancel and google cheap building and contents

Tesco admiral aa etc all often give you discounts if have car insurance with them

They do vary massively.
We pay about £44 a month, but I check around every year and all other quotes come out MUCH higher than that, but it depends on so many other factors, from value of house, to your postcode.
As a rule of thumb though, you are unlikely to get the best deal by buying from your bank at the time they are completing your mortgage for you - it's definitely worth getting on to some price comparison websites.

I have just sorted £400 for a 3 bed, grade 2 listed property, building and contents.

Try the comparison websites and play with the numbers. It took me about half an hour to work out what it all meant and another half hour to talk through the details of the non standard insurance we need.

Changed recently to c£300 pa for 4 bed detached with Admiral from over £500 renewal quote

£100 a month and that's with phoning round every insurer under the sun. We live in a rubble built 18th century farmhouse with a high rebuild cost.

I pay £54 per month for a 2 bed flat in London! I'm off to shop around. . .

Precious you sound like me

Haggle haggle haggle

Tho annoying when the original quote then agrees to match competitor - why not just do the cheaper price in the first place

R4 had Winifred Robinson interviewing saga insurance about higher quotes magically reducing when challenged.

He made a bit of a tit out of himself.