What circumstances could affect my home insurance quote?
Personal circumstances also affect home insurance although this doesn’t seem immediately obvious. But things like changing jobs or getting a lodger can all impact home insurance policies.
Some jobs are riskier than others as far as insurance providers are concerned. These include jobs that take occupants out of the property for long periods of time or during the night, leaving a house unguarded against thieves. It can also include jobs that bring people into your home. These ‘high risk’ jobs include DJs, childminders, personal tutors and even actors who might have to work away for lengthy periods. So, if you’ve switched jobs in the last 12 months, it’s always worth letting your insurance provider know.
Another big impact is having a lodger in your home and whilst you might only be doing a friend a favour, it’s something insurance providers need to know. Failing to mention having a lodger might not sound like a big deal, but worst case scenario – it could invalidate your policy.
If there’s any doubt about whether a new job, change in lifestyle or living arrangements will impact your home insurance, it’s always best to ask your insurance provider for advice. Far better to pay a slightly higher premium than to find out your policy’s null and void.