Every year people are paying more to renew their home insurance than necessary. That’s why along with our credit union partners we make sure to provide you with the some of the most affordable home insurance in Ireland, year after year.
Peopl. Insurance means insurance that’s fair, honest and transparent. We want to help you understand what’s covered under your contents cover, what your rebuild value really is and why you should know it. In short we want you to have the best insurance cover available. with clear policy conditions.
As Ireland’s most innovative and people focused insurer we work with Ireland’s most trusted financial services, Credit Unions, to bring you insurance you can rely upon. So you can trust us to bring you the best policy every year.
Buildings Cover
Your building cover is the aspect of your home insurance that protects the house itself. The structure of the home and any permanent fixtures will be protected by this. The most important thing to understand is the value of your home. Usually when we think about this we think of the resale value, but, with house insurance we are actually looking for the rebuild costs. That means the cost of rebuilding your home from the ground up if it were to be completely destroyed. If you are unsure of your rebuild costs you can get an idea here.
House insurance in Ireland is often a requirement when you are buying a house as lending organizations are will stipulate insurance as a requirement of receiving the mortgage. It is not a requirement to purchase home insurance from the organisation that you are borrowing from or their affiliates however. So, it often pays to shop around for your home insurance policy. We offer some of the fairest home insurance quote around from a panel of top rated underwriters to protect your home from all kinds of damage.
Contents Cover
Contents cover is the part of your isurance policy that covers all of your valuables. An easy way to think about what is counted as contents, is if you turned your house upside down, anything that fell out would be contents. It’s an importnat aspect of home insurance which covers you in the case of theft, damages and other loss of valuables.This could b anything from a T.V. to a famly heirloom. When you’re trying to valueyour contents insurance it’s best create an inventory of your most valuable posessions and make a note of the cost. This will make sure that you are neither over or underinsuring your contents.
Remember that not all items are created equal when it comes to contents insurance. Certain items may be classes as high risk, such as valuable jewellery or expensive computers. Make sure you take note of how your policy handles these items. It is also worth noting that items stored outside may not be covered by default, or may have specific stipulations to cover.
What Kinds Of Damages Are Covered?
Home policies can vary in what they cover so it’s important to familiarise your self with your policy wording as soon as possible. You can find all of our policy documents here to give you an idea of what you will likely be able to make claims for. Below you will find some examples of the main risks that are covered in a standard home insurance quote in Ireland
Water Damage
This may be separated into escaping water damage and flood damage. If the water is coming from a leaking pipe (or even something like a fish tank),then that’s escaped water, this might cause damage to walls and floors, or other possessions. Your insurance pay-out is likely not going to include the damaged pipe or item itself, but only the damage caused directly by the escaped water. The damage which caused the leak is covered by a separate clause.
Flood damage covers most damage caused by the overflow of bodies of water, such as lakes, rivers or canals. Is also refers to damage caused by a downpour that can’t be fully absorbed and sits at ground level. Flooding damage usually has stipulations in your insurance policy that you should familiarise yourself with. This may include issues like subsidence or land slip.
Fire Damage
In the event that there is a fire in your home, both the structure and contents are covered for fire damage. Often this will include smoke damage. However there are stipulations to this cover too, depending on your insurance details you may not be covered for fire damage if your home was built before a cartain year and has not been subsequently rewired within a specified time period. This is to do with old wiring being an indicator of significantly higher fire risk.
Other stipulations may apply to fire damage so make sure to read your insurance policy, but as a general rule of thumb, as long as there are no clear and preventable fire hazards you should be able to get a reasonable quote and be covered. Insurance premiums are all about the risks, so whether you’re buying a new home or reinsuring do your due diligence to save money.
Accidental Damage
Accidental damage is a broad stroke term which covers any sudden, unexpected and visible damage which is unintentional. If for example you had a tradesman working in your home and they caused damage to your wall this would be classified as accidental damage under your insurance policy. As would a window broken by a ball, or any other similar event.
Since this is a such a catch all term it is hard to know exactly what is covered without reading your insurance policy. Like with other forms of cover the rule of thumb is if something poses a clear preventable risk, then it can lead to higher premiums or stipulations. Large trees overhanding the property, for example, may not be covered in the event of it falling. If you are in doubt about what is covered, you should get in contact with your insurer to seek clarification.
More great reasons why customers choose Peopl Insurance for their Home Insurance
Easy, quick and friendly quote with same day cover
Quote engine that provides you with a fair premium
We don’t just roll over your renewal every year, we get you a fair price everytime
Building Cover up to €750,000 and Contents Cover up to €210,000
Automatic 10% uplift in cover at Christmas to keep you at ease
Are you looking for peace of mind and protection for your home in Ireland? Look no further than Peopl Insurance.
Our comprehensive home insurance policies are designed to provide you with the coverage you need. With options for both buildings and contents cover, you can rest assured that your property and possessions are protected in the event of damage, theft, or other covered losses.
Our policies also include features such as accidental damage cover and 24-hour emergency assistance, so you can feel secure knowing that you’re covered when you need it most. Get a quote today and let Peopl Insurance help protect your home.
Indexation on home insurance in Ireland is the practice of adjusting the sum insured on a policy to account for inflation or changes in the cost of rebuilding a property. This ensures that policyholders are adequately covered in the event of a loss or damage to their property.
In Ireland, most home insurance policies include indexation as a standard feature, but it’s important for policyholders to review their coverage regularly and make adjustments if necessary. Failure to update the sum insured to reflect current rebuilding costs could result in being underinsured and facing significant financial losses in the event of a claim. If you have any questions our agents are ready to help on 0818 121 121.
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