Calculate house insurance

Many customers ask the question how you calculate house insurance. Although it is a complicated base the actual calculation is pretty simple, it is a case of simple addition and subtraction.

Simply put the house insurance is split in to cover for your building and then your contents, there are then discounts to be applied and maybe loadings as well as added cover you can get. You basic discounts will be things like no claims bonus and you could get loaded for being near water or trees near your home and maybe your age.

To find out more about buildings insurance - click here for buildings insurance

To find out more about contents insurance - click here for contents insurance

There will be a rate for contents insurance and then a rate for buildings insurance, they are added together to get a simple premium you can then receive discounts for things like:-

• Locks
• Alarms
• Smoke alarms
• Non smokers
• And many more

Once these have been subtracted the insurer will have calculated your house insurance and you will have a premium.