Go Compare house insurance allows UK homeowners and tenants to compare multiple buildings and contents policies in one place. Regulated by the Financial Conduct Authority, comparison platforms help consumers review £ premiums, excess levels and policy features before selecting suitable cover.
Contents
What Is Go Compare House Insurance and How Does It Work?
Go Compare house insurance is a comparison service that enables UK consumers to view quotes from multiple FCA-authorised insurers. By entering property details, rebuild value and personal circumstances, users receive tailored quotes that reflect risk factors such as postcode, claims history and security features.
The platform does not underwrite policies itself. Instead, it connects customers with regulated insurers who provide buildings, contents or combined cover.
Regulatory Framework in the UK
- Comparison services operate under Financial Conduct Authority oversight
- Insurers displayed must be FCA-authorised
- Customers have access to the Financial Ombudsman Service for disputes
- Policies may be protected by the Financial Services Compensation Scheme
This ensures transparency, fair treatment and consumer protection.
Go Compare House Insurance: Buildings vs Contents Cover
Go Compare house insurance results typically include separate options for buildings insurance, contents insurance or combined home policies.
Buildings Insurance
- Covers structural damage to walls, roof and permanent fixtures
- Required by most UK mortgage lenders
- Based on rebuild cost rather than market value
Contents Insurance
- Protects furniture, electronics and personal belongings
- Can include accidental damage protection
- May offer cover away from home as an add-on
Homeowners often choose combined policies for convenience and potential cost savings.
How Go Compare House Insurance Quotes Are Calculated
Go Compare house insurance quotes reflect underwriting decisions made by individual insurers based on property risk and applicant profile.
Main Rating Factors
- Postcode risk – Flood history and crime rates affect pricing.
- Property type – Detached, semi-detached or flat.
- Construction materials – Standard brick is typically cheaper to insure.
- Rebuild cost – Based on Royal Institution of Chartered Surveyors guidance.
- Claims history
- Security features – Approved alarms or locks may reduce premiums.
Average combined home cover in the UK ranges from £150 to £350 annually, although high-risk areas may exceed this range.
Under FCA pricing reforms, renewal quotes must not unfairly penalise loyal customers compared to new applicants with identical risk profiles.
Is Go Compare House Insurance the Cheapest Option?
Go Compare house insurance helps users identify competitive pricing, but the cheapest quote is not always the best value.
What to Review Carefully
- Compulsory and voluntary excess levels
- Single item limits for valuables
- Accidental damage inclusion
- Flood excess terms
- Policy exclusions
Some insurers offer lower premiums but higher excesses, meaning greater out-of-pocket costs during claims.
How to Use Go Compare House Insurance Effectively
Using Go Compare house insurance effectively requires accurate data entry and careful policy comparison.
Best Practice Steps
- Calculate accurate rebuild cost using professional guidance.
- List high-value items separately.
- Disclose previous claims honestly.
- Compare excess levels across quotes.
- Review full policy wording before purchase.
Incorrect or incomplete information can invalidate cover and lead to refused claims.
Optional Add-Ons to Consider
Quotes obtained via Go Compare house insurance often include optional extras tailored to UK households.
- Home emergency cover – Boiler breakdown or plumbing failure.
- Legal expenses cover – Property dispute support.
- Accidental damage – Protection for spills or mishaps.
- Personal possessions cover – Items taken outside the home.
Assess each add-on against realistic risk exposure before adding cost.
Common Mistakes When Comparing Policies
When using Go Compare house insurance, some homeowners focus solely on headline £ price rather than coverage quality.
- Underinsuring contents
- Using incorrect rebuild figures
- Ignoring flood exclusions
- Choosing unrealistic voluntary excess levels
Underinsurance can result in proportional claim reductions under average clause rules.
When to Review Your Home Insurance
Reviewing quotes via Go Compare house insurance annually can help maintain competitive pricing.
Trigger Events
- Home renovations
- Adding high-value possessions
- Moving property
- Security upgrades
Inform your insurer immediately if circumstances change to ensure compliance with policy conditions.
Consumer Protection and Complaints
Policies purchased through Go Compare house insurance are issued by FCA-authorised insurers. If disputes arise, customers must follow the insurer’s complaints process before escalating to the Financial Ombudsman Service.
Eligible claims may be covered by the Financial Services Compensation Scheme in the event of insurer insolvency.
Should You Use Go Compare House Insurance?
For UK homeowners seeking competitive £ pricing and transparent policy comparison, Go Compare house insurance provides an efficient way to review regulated buildings and contents cover. Careful review of excess levels, exclusions and rebuild values ensures appropriate protection tailored to your property and risk profile.