Home owners warned on insurance cover costs

Some may be paying for more than they need, says SCSI

No big increase in house rebuilding costs in past year Pic: RollingNews.ie

The Society of Chartered Surveyors in Ireland (SCSI) has warned that homeowners may be overpaying for house insurance, as they could be paying for more cover than they can claim if they need to rebuild their home.

The SCSI's Rowena Quinn, who is managing partner of Hunters Estate Agents, said some customers were carrying 50 per cent more home insurance cover than they could ever claim – and overpaying on their insurance premium ...