If you’ve been thinking about purchasing a home insurance policy, now could be a great time to do so. Nationwide Insurance has just released details of a new special offer that gives new customers a massive 20% off the price of their premium.
The 20% discount is available to new customers who purchase their building and contents insurance together in one package. Nationwide will provide them with 20% off the initial premium for the first year, followed by an extra 20% off the following year’s premium when the policy is renewed.
This could lead to massive savings, and has come along at just the right time for recession-hit customers who are cutting back on their expenses.
As an extra bonus, if new home insurance buyers hold their main current account with Nationwide then they can get a further £20 off the premium for the first year. This is only available via applications made over the phone or in a Nationwide branch. However, if done over the internet, they will be able to take advantage of a 10% discount.
Robin Bailey, Nationwide’s insurance director, said that although the price was sure to catch the eye, the level of cover is also important when taking out an insurance policy. He said that Nationwide customers will “benefit from discounts this year and next, as well as independently acclaimed cover and service”.
Some of the main features of the insurance policy include unlimited building cover, temporary housing, £1,000 garden contents, direct debit payments at no extra charge and belongings cover for students. The offer will be running from September 1, 2009 to January 3, 2010.
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