From rising premiums to properties that can be more difficult to insure, finding the right home insurance isn't always straightforward. But you may have more options than you think.
When it comes to home insurance, it's easy to focus on finding a good price. But making sure you have the right cover for your home is just as important.
Here on the Isle of Wight, some homeowners are facing additional challenges, with rising premiums, higher excesses and insurers becoming more selective about the properties they're willing to cover.
That's where local knowledge and a more personal approach can really make a difference.
At Cherry Godfrey, our Isle of Wight insurance team understands the local area and the challenges some homeowners face. We take the time to understand your property, explain your options clearly and work with a range of insurers to help find suitable cover.
We asked our local team to answer some common questions about home insurance and what homeowners should be looking out for.
Why might I be struggling to find home insurance?
Some insurers are becoming more selective about the properties and locations they're willing to cover.
For homeowners on certain parts of the Isle of Wight, including areas around Ventnor, Ryde, Cowes and Gurnard, this can mean fewer insurance options, higher premiums or increased excesses.
Properties with a history of subsidence, those in areas at risk of landslip or flooding, or homes with features such as flat roofs can also be more difficult to insure.
But every property is different, and being in a particular area doesn't automatically mean you can't get cover.
Is your home insurance giving you the cover you really need?
A lower premium doesn't always mean better value, particularly if your policy doesn't provide the protection your home needs.
When arranging insurance online, it isn't always easy to understand exactly what's included, what's excluded or whether certain conditions apply.
For example, you may have subsidence cover but find that the excess has increased significantly, or that your insurer has introduced additional conditions.
It's also important to make sure you're insuring your home for the right amount. Buildings insurance should reflect the cost of rebuilding your property, not simply its market value.
And when it comes to contents insurance, imagine turning your home upside down. What would it cost to replace everything that falls out?
Taking the time to understand these details now could make a real difference if you ever need to make a claim.
My home insurance renewal has increased. What should I do?
Don't leave it until the last minute.
If your premium has increased significantly, or your insurer has changed the terms of your policy, it's worth reviewing your options before your renewal date.
We recommend getting in touch around 30 days before your policy is due to renew, giving you more time to review your cover and explore alternatives.
And remember, it's not just about the price. Check whether your excesses, exclusions or other policy conditions have changed too.
Can a broker help if my property is difficult to insure?
Yes, and this is where speaking to someone who understands the local area can be particularly valuable.
As an insurance broker, Cherry Godfrey works with a range of insurers, including some who may be willing to consider more complex properties on a case-by-case basis.
Rather than relying solely on an online quote, we can speak directly with insurers and underwriters, provide additional information about your property and explore what options may be available.
While we can't guarantee cover, we're always happy to see how we can help.
Why choose a local insurance broker?
Because sometimes it's good to speak to a real person who understands your concerns.
Our Isle of Wight team combines local knowledge with access to a range of insurers, taking the time to understand your circumstances and explain your options without unnecessary jargon.
It's not just about finding a price. It's about helping you understand your cover, know what you're paying for and feel confident in your decision.
And if you have questions, there's a friendly local team here to help.
Finding home insurance shouldn't leave you feeling stuck.
Whether you're approaching renewal, concerned about the cover you currently have or finding it difficult to insure your property, we're here to help.
Get in touch with our friendly Isle of Wight insurance team to talk through your options.
Cherry Godfrey. Insurance for everything you value
