How to get cheap house insurance:

Insurance companies try to provide an opportunity for customers to lower their premiums. 

Be a faithful customer and have good credit.

It pays to be loyal.  It may take between 3 and 5 years before you start to see discounts for loyalty, but you may get significant savings or rewards.

Statistics show that people who have a better credit score have fewer claims. Each company uses its own calculations to determine how much a credit score will impact premiums. A high credit score can get you a favourable premium.

Carry multiple policies with the same provider.

Many insurance companies are willing to reward you for bundling multiple policies.

Install an advanced alarm system.

This can help to cut home insurance premiums significantly.

You may need to stay claims-free.

If your insurance company realises that you have not claimed for a number of years, they may consider you a low-risk client, which may effectively result in a lower premium for you.

Have a system of preparation for disasters.

A little preparedness may be worth a sizable discount on your house insurance.

What house insurance usually covers:

Home Contents: This is cover for House contents and you are insured for theft, loss and damage.

Buildings Insurance: Also known as Homeowners Insurance, this cover is for any structural damage to the building and permanent fixtures within the house. You get cover for damage caused by floods or even explosions, etc.

Portable Possessions Insurance: This is cover for loss or damage to sunglasses, cell phones, laptops and clothing.

You need to compare various insurance quotes to make sure that you get the right kind of cover for your individual needs. While it isn’t a bad thing to get cheap house insurance, you need to do your research and compare more than three quotes.