How to reduce the cost of home insurance?

The home insurance deductible corresponds to the amount that the insurer does not cover in the event of a claim. In other words, when a claim occurs, the insurer covers part of the repairs, but it does not cover all the costs incurred and it is therefore up to you to supplement according to the level of deductible. indicated in the contract. For example, if the deductible set for a certain type of claim is €400 and the amount of the claim is €1,000, then you will be compensated up to €600 and the rest will be at your expense.

It is obvious that in a home insurance contract, the lower the deductible, the higher the premiums will be, because the cost for the insurer in the event of a claim will also be higher. However, it is not always necessary to take out a contract with a low or even zero deductible and you can revise deductible levels upwards to see the cost of your home insurance go down.

However, be careful on this point because the higher the deductible, the higher the cost of the claim will be for you, if any. So try to vary the amount of the contributions and those of the deductibles to reach a level of balance for your budget which remains reasonable and bearable in terms of the cost of contributions and in terms of the cost of repairs.

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