(PRWEB UK) 19 July 2012

Online comparison experts at Cost.co.uk are specialists in sourcing the right and the best deals for their consumers on variety of subjects across insurance, money, travel and utilities. The comparison professionals are also dedicated to producing regular informational guides and advice on those subjects. The latest advice concerns home insurance, specifically assessing the appropriate levels of cover against the reasons to insure your home after a recent survey found that one in ten Brits do not have sufficient house insurance.

Cost’s insurance specialist shares his view on the matter:

“Although house insurance policies are not a legal requirement, you’re home is most likely your prize possession so it would be prudent to have insurance- and you probably wouldn’t be able to qualify for a mortgage without it”.

“After recent statistics reveal that over 1.5m householders are not covering their homes with both buildings and contents insurance, Cost examines the most recent and relevant reasons to take out both forms of protection”.

   •      Weather: 2012 has seen a mixture of extreme variances in weather (already one reason to fully protect your home). Severe winds at the beginning of the year affected homes nationwide causing roof damage, broken chimneys and fences and much more.

April and May saw widespread drought after a lack of rain- a main cause of building subsidence. And the next month rain was the culprit after the wettest June on record causing mass flooding and water damage to more than 3,000 homes in the UK.

Needless to say, if you live in a flood-prone area you definitely should have contents and buildings insurance as well as special flood insurance if these policies do not provide flood protection cover.

   •      Homeless: If you only have home contents and not buildings insurance, you may find yourself with nowhere to live if your home becomes inhabitable. Buildings insurance policy holders will be covered in such event and will be provided alternative accommodation as stated in the insurer’s policy.

   •      Multi-policies discount: Like most insurance policies available today for cars and gadgets etc, many insurers will give you a discount for taking out two different home insurance policies (i.e. buildings and contents).

   •      Did you know: Some insurers provide protection over things like sheds, fences, BBQs and even plants, in their buildings insurance policies.

The Cost team also regularly publish the latest news and developments concerning issues surrounding money, insurance, travel and utilities.

Based in Essex, Cost is one of the UK’s leading price comparison sites. Allowing their online customers access to companies offering a range of insurance (including wedding insurance), financial and travel services, the firm specialise in providing a personal experience. Founded in 2012, the agency has a trusted reputation for sourcing the most ideal policies at affordable prices.

Read the full story at http://www.prweb.com/releases/2012/7/prweb9715873.htm