Hi
My house insurance renewal quote came just recently - it came to 402 , which is based on a 4 bed semi in the Dublin area - the rebuild is valued at 220K and contents 30K , accidental damage is also included- I also have listed an engagement ring with value of 4500 on the policy. I thought this was quite expensive, so I checked online for a few quotes , I got a quote of 289 euro from 123 Insurance for what seems a similar match to my policy with FBD ( 220 ReBuild, 30 Contents, Accidental Damage, Engagement Ring) - I rang FBD to see if they would match the quote I got from 123 insurance , they said the reason why 123 were cheaper was that they had a number of stipulations in relation to locks on windows/doors , alarms having to be set before they would ever make a payout on a claim...
What are peoples experience with 123 Insurance , are there a number of stipulations which would make payout difficult in the event of a claim?
There is over 110 euro in the difference between the two quotes.
suzyann
My house insurance renewal quote came just recently - it came to 402 , which is based on a 4 bed semi in the Dublin area - the rebuild is valued at 220K and contents 30K , accidental damage is also included- I also have listed an engagement ring with value of 4500 on the policy. I thought this was quite expensive, so I checked online for a few quotes , I got a quote of 289 euro from 123 Insurance for what seems a similar match to my policy with FBD ( 220 ReBuild, 30 Contents, Accidental Damage, Engagement Ring) - I rang FBD to see if they would match the quote I got from 123 insurance , they said the reason why 123 were cheaper was that they had a number of stipulations in relation to locks on windows/doors , alarms having to be set before they would ever make a payout on a claim...
What are peoples experience with 123 Insurance , are there a number of stipulations which would make payout difficult in the event of a claim?
There is over 110 euro in the difference between the two quotes.
suzyann