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Getting Your Home Insurance Sorted

  • Writer: Daft.ie Insights
    Daft.ie Insights
  • May 18, 2023
  • 1 min read

When do you need your home insurance in place?

After your property has been valued you will receive a formal letter of offer explaining the remaining conditions you need to meet to get your mortgage cheque.


The two big conditions are usually that you have to get mortgage protection insurance and home insurance.


So that you don’t slow things down it’s best to get your home insurance sorted as soon as you have an up to date valuation.



Why do you need home insurance in place?

Lenders will demand that you have home insurance in place before allowing you to draw down on your mortgage, this insurance ensures if the property is damaged by fire for example it will be repaired or rebuilt.


The lender is securing their loan on the property so they want to make sure the property remains in good condition.


If you are buying an apartment this is sometimes known as ‘block’ insurance as there is often a single policy for the whole building.



How do I get home insurance in place?

It’s usually pretty quick and painless to get your home insurance sorted and it all can be done online. The key thing is to get the cheapest quote you can by going to a broker who will look at the whole market as you will likely be paying the insurance for the whole of your mortgage term.



Get the cheapest quote from all available insurers here building insurance quote.



 
 
 

19 Comments


Devos Sophy
Devos Sophy
6 days ago

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7 days ago

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2134232204
Jul 27

Great tips on getting home insurance sorted! It's so important to have everything in place. By the way, if you want to make your policy documents stand out, you could use a freaky letter font for the headings. Just a fun idea!

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yaqian zhang
yaqian zhang
Jul 14

I came across Drive Mad while looking for a quick browser game. The physics make every level feel different, and it's easy to play for a few minutes without getting bored.

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Simon Jack
Simon Jack
Jul 12

Thank you for sharing this detailed article about the constancia de situación fiscal. The information is accurate, easy to read, and presented in a logical way. I found several useful insights that answered my questions and improved my understanding of the subject. I appreciate your effort in creating high-quality content that is both educational and practical for readers.

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