Home Insurance Ireland

 

Home insurance, also called homeowners insurance or hazard insurance, is the type of property insurance that covers private homes. This insurance policy covers a personal residence or home, including all its contents, against any loss or damage caused by accident or theft.[br]

 

Home Insurance Ireland: Types of Cover

Home insurance Ireland provides a comprehensive range of benefits depending on the level of cover and policy you choose. The home insurance policy offers the following covers:

 

Home insurance, also called homeowners insurance or hazard insurance, is the type of property insurance that covers private homes. This insurance policy covers a personal residence or home, including all its contents, against any loss or damage caused by accident or theft.[br]

 

Home Insurance Ireland: Types of Cover

Home insurance Ireland provides a comprehensive range of benefits depending on the level of cover and policy you choose. The home insurance policy offers the following covers:

• Contents cover: This cover typically provides full protection against accidental damage to the contents of your home. Apart from this, you may also be offered:

  • Alternative accommodation
  • Loss of possessions outside the home up to a specific amount
  • Jury fees
  • Replacement of door lock
  • Cover for fraudulently used credit cards and stolen cash
  • Family personal accident cover in the home

• Buildings cover: This cover usually offers full financial protection against accidental damage to the building of your home. Additionally, it may provide cover:

  • Against theft, burst pipes, riot, vandalism, malicious damage fire and natural disasters, such as storm and flood. Damage by vehicle impact, smoke, explosion and civil commotion may be included.
  • For your garage, outhouse and furniture fitted in the house.
  • Architect’s fees and debris removal cost[br]

 

Home Insurance Ireland: Top Insurers

Some of the leading home insurance providers in Ireland are:

• AXA Ireland

• NC Mortgage Brokers

• Bank of Ireland

• Royal & Sun Alliance

• Quinn Direct

• Allianz  

Home Insurance Ireland: Tips

The Financial Regulator (FR) of Ireland has given the following tips for buying home insurance in the country:

• Shop around: According to the FR, people looking for home insurance in Ireland could save about €300 (£202) if they shop around. The FR made this statement in February 2007 after comparing home insurance quotes from several insurers on a broad range of properties.

• Do not over-insure or underinsure: According to the FR, the ideal cover amount is the home rebuilding cost.

• Read the clauses and details carefully: The clauses and details should cover all possible eventualities.