A lot of people are blissfully unaware that their postcode has a significant effect on their home insurance premiums. The effect of home insurance by postcode can be reduced by using British Standard locks and having properly maintained intruder alarms, along with CCTV. Here are some ideas that will help you can reduce your home insurance costs and increase your peace of mind by making your home safer.
Home Insurance by Postcode – How is It affected?
There are a lot of factors to take into account when your insurance company calculates your home insurance premium price. One of the important considerations is the location of your home. If the street on which you live happens to be in an area of relatively high crime, then your postcode may well flag up on their database as being a high-risk address when your insurer checks. When an insurance company thinks there is a stronger than usual possibility that you will be burgled, then they will expect you to be more likely to make a claim. As a result, it can make your home insurance premiums increase.
How to Reduce Home Insurance Costs
There are precautions that you can take that can both reduce the cost of your home insurance and – even more importantly – that can go some way towards minimising the heartache that comes if you have your home burgled. Some security features to consider installing or upgrading are:
• Multi-point locks on all external doors
• Locks on all windows
• Installing a quality CCTV system
• Having a quality intruder alarm fitted (and make sure you use it!)
• Joining a neighbourhood watch scheme
• Fitting smoke alarms and a fire detection system to reduce the risks of fire
Let’s take a closer look at some of these options:
A professionally fitted intruder alarm is known to be one of the most effective deterrents you can use against burglary. According to the British Insurance Association, a property without a intruder alarm is almost seven times more likely to be the target of an intruder than a properly protected property. Make sure your alarm system is approved by your insurer and that is meets the European and British standards (DD243, EN50131/PD6662 and 6799)
Both wired intruder alarms and wireless systems are available. Wired alarms are best for new builds and restorations as cable runs can be hidden away in the walls discreetly. Wireless intruder alarm systems are a good option if you want a neat and quick installation without visible wires. Modern wireless alarms are reliable and do not suffer from interference from other wireless devices such as WiFi routers and mobile telephones. You can have a basic system that sounds an audible line, or get the ultimate peace of mind with an alarm that is connected to an alarm receiving centre and monitored 24 hours a day.
Fitting a CCTV system is another effective way you can protect your property. It provides a visual deterrent to criminals as well as recording images that can be used by the police to detect crime. Most modern CCTV systems allow you to remotely view video footage of your home from anywhere in the world through an app on your smartphone, tablet or laptop. Remote monitored CCTV systems are also available, where trained staff monitor your premises 24 hours a day and immediately respond to suspicious activity.
Smoke and Fire Detection Systems
It is not just the threat of being targeted by an intruder that increases your home insurance premiums. Fire is another risk factor that leads to insurance claims and that too can be linked to your postcode. Fire and rescue services publish statistics about the number of house fires in every postcode area in the United Kingdom and that data is used by the insurance industry as part of their decision-making process when they decide on the premium that you will pay.
There are a number of different ways to detect fire or smoke. An expert fire alarm installation company will help you to select the right alarm system for your home. Choices range from simple battery-powered smoke detectors to hard-wired monitored fire alarm systems that are monitored 24/7 by a team of professionals.
Suitable Security Systems Cut Premium Prices
The Security Systems and Alarms Inspection Board (SSAIB), the leading certification body for security systems and services, fire detection and alarm systems organisations say: “When it comes to protecting your home from the impact of crime or fire, you can’t afford to take any chances. The correct choice of fire or security protection system and provider is vital.” But who can help you choose the right security system in a crowded market?
Reduce the Effects of Home Insurance By Postcode with Elite Fire Limited
Elite Fire Ltd (EFL) have been offering a personalised quality fire protection service to customers in Sussex, Surrey and Hampshire since 2000. We offer fire extinguishers, fire risk assessments, fire safety training and supply fire safety products as well as home and business security products and services including intruder alarms, remote monitoring, CCTV, and systems for access control. As well as the company’s ISO 9001:2000 certification, all our technicians are fully trained to SSAIB standards and we hold BAFE SP205 accreditation in generating Life Safety Fire Risk Assessments under The Regulatory Reform Fire Safety Order 2005.