Why are online quote forms so long?

 

Home insurance is a complicated financial product with many material facts influencing the premium. The quote process therefore is not quick.

 

You would expect the insurer to ask about your address, type of house and level of cover but they will also ask a series of other questions. Here are just some of the items an insurer will ask about;

 

Occupation - As home insurance becomes more competitive in the UK, insurers are looking for trends in occupations. This will, they hope, allow them to offer people with lifestyles that mean less claims lower premiums.

 

How many people live at the property? - This affects the likelihood of accidental damage claims.

 

How long do you leave the property unoccupied? - This affects the theft risk of a property.

There are many other questions, which may seem unusual but unfortunately getting a home insurance quotation will take a few minutes.