OVER 60s HOME INSURANCE

The price of over 60s home insurance explained

Is home insurance for over 60s cheaper than for other age groups? It can be depending on a number of different factors.

The location of your home, its size and security, and your personal claims history, will all affect the cost of your insurance, as will the nature of its contents and how much cover you need. There are also some general factors that might influence the cost of your over 60s home insurance.

• With years of home ownership experience, you know what it takes to keep a house in good condition, which means you’ll be less likely to need to make a claim when it comes to leaks or other damage.
• You might be more security conscious than you used to be, joining a local security scheme such as Neighbourhood Watch and being more conscientious when locking doors and windows.
• You now qualify for policies from specialist providers like ourselves. Making it easier to get the cover you need.

All these factors combine to influence the premium that you’re asked to pay, potentially reducing the cost of over 60s home insurance.

It's also worth bearing in mind that the bulk of the money you are charged for your home insurance pays for policyholders' claims. And when claims costs go up, the price of insurance goes up too.

Price isn't the only factor that you should consider when looking at the cover you need to protect your home and its contents. But if you are after cheap house insurance for over 60s, be sure to check the policy details carefully and choose a policy that will give you not just the cheapest, but the best home insurance for over 60s for your specific needs.

What does home insurance for over 60s cover?

Saga’s home insurance for over 60s offers everything you’d expect from our award-winning, Defaqto five-star rated home insurance.

Our home insurance for over 60s is exactly the same as our other home insurance policies and covers your building and its contents and provides financial protection against unexpected events such as fire, theft and accidental damage.

If you’ve had changes to how you live recently such as retirement, the arrival of a grandchild, or have taken up a new hobby, our policies offer a range of features to protect your property and possessions. For instance:

• If you’re enjoying more time caring for your garden, your prized plants will be protected by our garden cover included as standard, which pays for loss of or damage to hedges, lawns, trees, shrubs and plants up to £1,000.
• If you’re planning to get the whole family together to celebrate a wedding, civil partnership, birthday or anniversary, we will automatically increase the contents sum insured shown on your policy by 20% for a month before and after your event.
• And if you have a pushchair or other equipment in the house for when grandchildren come to visit, that’s covered by our personal belongings cover up to the amount shown in your policy (included with Saga Plus, optional extra for Saga Select).

Find out more about our home insurance