How to minimise your house insurance

Found 26th Apr 2008
I keep getting asked how I only paid approx £25 for my buildings and contents insurance so thought I'd just post how:-

I used seperate insurance companies (AIG & Natwest). I think they have reduced quidco payments a bit now.

best bet is to go to comparison sites here :-…nce

then get quotes for joint contents/buildings and then seperate buildings & contents

then check against quidco for total payable after deducting quidco payouts.

Remember to only use the rebuilding cost when getting buildings insurance, not your house valuation which is bound to be a lot more. Check here for calculating rebuilding costs:-

Good luck!
Community Updates
You actually paid to have Building and Contents Insurance ?

Are you made of money ?

I got them to pay me to take out their insurances.…590

Net result, I'm on profit by £55 and have free Buildings and Contents Insurance.

Quidco rates do vary however, so keep a look out nearer to renewal time. You can normally buy the products to start 1 month in advance. Quite often you're renewal price will be dearer than a new customers price, so let the existing policy mature, inform them that you do not wish to proceed and simply start another purchase with the same provider if applicable, splitting up buildings and contents if it's more profitable to do so.
With Quidco once you get cashback , what happens the next year do you pay in full or cancel and do Quidco again , is this allowed?

My B&C insurances were taken out with the same company. I informed them that I would not be renewing the existing policy. I purchased another policy via quidco, approx 1 month prior to due date, giving me plenty of time to see if quidco tracked and if not, simply cancel the new policy within x amount of days, as per your right to do so.

Always read the specific quidco terms, in my instance no restrictions were placed on being a 'new' customer, unlike the many gaming sites where it's one hit only.
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