CIS (now Co-operative) Home Insurance Review
CIS have rebranded as Co-operative. They offer a comprehensive level of cover but remain flexible. You can choose between contents/buildings or both ad they also offer a range of extra options to choose from.
Some of the advantages include:
- 50% off contents cover - when you buy buildings and contents insurance together.
- Members get an exclusive price on home insurance plus £50 of Co-op Food vouchers
- The option to choose your own excess - choose a higher excess to make your premium lower. See exclusions.
- Dedicated 24/7 claims line for members
- Up to £50,000 legal expenses cover - included as standard.
- 24-hr legal advice help line
- A range of optional extras - for peace of mind that you have the right level of cover should something happen in your home.
Co-operative Home Insurance Features
- Up to £500,000 buildings cover for loss or damage after specific events like fire, flooding, storms etc.
- Property owner’s liability up to £2,000,000 plus legal costs
- Loss or rent and alternative accommodations costs up to £20,000
- Accidental breakage of fixed glass in doors, windows, greenhouses etc.
- Accidental damage to underground pipes, drains and cables
- Cover for outbuildings such as sheds, garages and greenhouses
- Architects and surveyors costs covered
- Legal expenses up to £50,000
- Your contents are insured up to the amount you choose
- New for old replacement on your items
- Theft from outbuildings I covered up to £2000
- Personal and occupier’s liability up to £2,000
- Tennant’s liability up to 20% of the sum insured
- Personal money in the home is covered up to £250 and the fraudulent use of credit ards is also covered up to £250
- Contents in the garden are covered up to £500
- Food in the freezer is covered up to £1000
- Replacement of locks and missing keys up to £500
- Accidental damage of technology and accidental breakage of mirrors, fixed glass in furniture and ceramic hobs is included
- Student’s belongings protected up to £5000
- Fatal injury in the home up to £5000
On top of your standard cover, you can also add the following extras:
- Home Emergency cover with HomeRescue Plus. This covers you up to £250 including VAT for certain emergency repairs
- Personal Possessions cover, this optional extra allows you to insure your possessions outside of the home
- Additional Contents Accidental Damage cover , this optional extra will protect you further for damage such as spilt paint on your carpet or furniture
- Additional Buildings Accidental Damage cover, this optional extra will protect you further against DIY accidents such as drilling through a pipe or cable
What is an excess?
Many insurance policies require you to pay out an amount of excess. An excess is the sum you have to pay when you claim on your insurance. Normally, the cheaper the insurance the higher the excess or more restrictions are applied when it comes to claiming.
There are two kinds of excess: a compulsory excess and a voluntary excess.
Compulsory means that your insurer will set the price and you must pay it whereas voluntary excess is set by yourself.
Remember to set your voluntary excess carefully. If you're willing to contribute a large amount towards a claim, your insurer will reward you with a lower premium, but this could make claiming on your policy more expensive.