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Industry News from Yes Insurance

27 February 2007 Financial Regulator reveals Ireland home insurance tips

 People looking for home insurance in Ireland could save hundreds of euros if they shop around, it has been revealed.

A survey published this week by the Financial Regulator (FR) has compared home insurance quotes from a plethora of cover providers on a variety of different properties, the Belfast Telegraph has claimed.

In one case, the FR found that the quotes varied by about €300 (£202), it added.

Responding to the study, the regulator has told people to be careful not to over-insure or under-insure their homes, adding that the ideal amount is the home rebuilding cost.

Similarly, the body has advised homeowners to be sure they are aware of all the clauses and details of their agreement, to make sure it covers every possible eventuality.

Meanwhile, FindAProperty.com has warned customers of the risk involved in having a thatched property in the wake of a spate of fires last year.

track© Adfero Ltd

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