Free £250 home excess coverage from GoCompare

GoCompare , in partnership with specialist ancillary provider Coplus , has launched a free excess protection deal for anyone who buys home insurance through its comparison service.

Over two years since it first launched free excess coverage for anyone buying car insurance, now GoCompare Home Insurance is also giving away a free £250 home excess coverage to those who buy a qualifying home insurance policy. This means that customers who need to make a claim on their home insurance policy will be reimbursed up to £250 excess when their home insurance claim has been settled (this excludes Accidental Loss or Damage claims).

“We’re really excited to be able to offer excess protection to our home insurance customers – the car insurance deal has been hugely successful, with over £2.5m refunded to customers since it launched in 2019. We also hope that this will help people’s understanding of excesses in general policy as we know that they can be a misunderstood part of an insurance policy. While comparison sites have always displayed the excesses on an insurance policy on the results pages, and customers can edit the quote to see how different voluntary excess levels could impact the premium, our previous research revealed that one in ten car insurance customers don’t realise just how much they agree to contribute when they take out their policy.” – Lee Griffin, GoCompare.

“We are delighted to be the chosen partner for GoCompare Home Excess. The excess cover makes a valuable difference to policyholders, plus it’s simple and straightforward to make a claim, with our 24/7 claims team on hand to help when needed.” – Jared Drucker, Coplus.

To qualify for the free home excess coverage, customers will need to compare home insurance and buy through GoCompare. In the event that they need to make a claim on their home insurance, they will have to pay or have their excess deducted and the home insurance claim will need to be settled. Customers have six months from the date their home insurance claim is settled to make a claim on the home excess coverage.

*GoCompare’s free home excess cover is available for totally unexpected claims – for example, damage to a property from falling trees, escape of water claims, or claims as a result of theft. Accidental damage and loss aren’t included in the ancillary cover.