First and foremost the purpose of home insurance is to give you the peace of mind knowing that should something happen to your home, the cost of rebuilding it will be covered by your insurance provider. However, as part of your mortgage agreement, banks require you to have home insurance. If you’d like to find out more about getting a home insurance policy, give us a call on 0818 894 444.

No you don’t. You have complete freedom to shop around for the best value home insurance quote. The key thing to remember is that your buildings must be insured to the amount stated by your bank or building society when they valued the property. The value of your home is not related to the actual cost of rebuilding the property.

It is best to find out the rebuilding costs to figure out how much you should insure your property for. As a starting point, you can look at the survey or valuation report that was undertaken when you got your mortgage. Do bear in mind that the market value of a home has little relation to the costs of actually rebuilding a property. We would also recommend that you visit the Society of Chartered Surveyors Ireland website to work out the rebuilding cost of your property.

Contents are everything you could take with you if you moved house. We recommend you spend some time creating an inventory of your contents in each room (including the garage, the shed and garden).

Yes, however, there may be some conditions or limits which apply. Items which are stored outside, such as a lawnmower are typically covered, but check your home insurance policy for more information on limits.

Unless you take out extra cover as part of your home insurance policy, they won’t be covered.