Making Cents: Cover all bases searching for home insurance

Mon, 30 Nov, 2020 - 20:34

Grainne McGuinness

With recent research suggesting more than 20% of mortgage holders believe it is compulsory to take out home insurance and/or mortgage protection with their lender, homeowners are being encouraged to instead shop around.

Of the 1,000 respondents to a recent survey, which was carried out by iREach for Insuremyhouse.ie, 52% said they bought insurance from their mortgage provider either because they thought they had to, they felt pressurised or obligated to do so, or they thought it would help with their application.