In order to get insurance for your home, first determine the cost of rebuilding your dwelling. Houses are insured on the basis of cost to replace the structure of the dwelling and not the amount of your mortgage. For that reason, your lender requires the rebuilding cost. Below is the list of few insurance valuators that are offering services in London.
(a) Capital Chartered Surveyors and Valuers
(b) Coram James
(c) Michael Wagstaff Chartered Surveyors
As your home’s contents are mostly covered at a percentage of the value of your home’s structure. Therefore, you will need to increase the covered amount or buy other policies to secure your contents. For that reason, make a list of inventories in your home, take photos of your valuables and calculate the number of artworks, electronics, fur, jewelery and guns (if any).
Don’t count your cash in the valuable contents of your home as most of the insurance companies cover up only a very limited amount in case of cash losses. Therefore, its better not to keep cash at home.
Then, create a record of safety features in your dwelling. Also seek for the insurance discounts on indoor sprinkler systems and alarms.
Before buying an insurance policy it is better to carry out a comprehensive research and acquire different quotations from numerous companies in order to get the best insurance policy. You can do this search by yourself or get an insurance broker to do the job. Insurance broker will acquire quotes on the open market from various companies by keeping your requirements in mind. Below is the list of few insurance companies, if you are looking to search by yourself.
(a) HCC International Insurance Company PLC
In case if you are not confident with your own search then, here is a small index of insurance brokers.
(a) Horner Blakey Insurance Brokers
(b) Baronsmead Insurance Brokers
(c) British Insurance Brokers' Association BIBA
Usually people prefer to buy their home insurance from the same company which had insured their car, not only to get multiple policy discounts but also to avoid any fraud or scam.
However, its better to compare your options. Also not only verify the cost of the insurance but also check coverage and deductibles in the policy.