Consumers can make an average saving of €264 on the cost of their home insurance by getting a number of quotes before purchasing, according to a survey from the National Consumer Agency.
The survey compared quotes from eight insurance companies throughout Ireland and a number of property types were included.
The National Consumer Agency survey found that in the previous 12 months just 37% of consumers had checked to see if there was a better deal available for their home insurance and only 13% of respondents had switched providers.
The agency is advising customers to pay special attention when comparing policies to the excesses, benefits, and terms and conditions of their policy to ensure they have the required level of cover in the event of a claim.