It is probably not the best strategy to focus solely on trying to find the biggest discounts, as you could end up with significant gaps in your cover.
Other important things to consider apart form contents insurance discounts will be:
- Any exclusions listed in the policy agreement. Some polices may not extend cover to very high value items or to items that regularly leave the house such as laptops or mobile phones.
- How accurate the valuation of the contents themselves is, as over valuing what you own could see you paying substantially higher premiums.
- Voluntarily increasing the cost of your excess will act to lower the immediate costs of the policy.
Perhaps the best way to ensure a long period of low prices is to work hard to build up a no claims bonus. While many contents insurance discounts will be part of introductory offers and will therefore last for the first year, a no claims bonus acts to drive prices down over the long term.
Other ways of lowering your long term costs are to make sure there are strong locks, windows and security systems installed in your home.