Full product details for the Sainsburys Home Insurance, including home insurance details, application criteria, discounts, excess, payments & fees, cover and claims.
 |  Compare Sainsburys home insurance details against other home insurance or use our home insurance comparison tables.Did you know Sainsburys also provide credit cards, savings, pet insurance, travel insurance and breakdown cover? |
| Company: | Sainsbury's Finance
www.sainsburysfinance.co.uk
| Sainsbury's Finance
www.sainsburysfinance.co.uk
| |
| Product: | Home Insurance (Contents) | Home Insurance (Building) | |
| | details | details | |
| Quote via this site: | Not available | Not available | |
| | | | |
| Home Insurance Details | |
 Direct or Broker: |  | | |
| Underwriter: | St Andrew?s Insurance plc | St Andrew?s Insurance plc | |
| Application Criteria | |
| Available to Public: |  | | |
| Discounts | |
| Online Discount: | 10% | 10% | |
| Introductory NCD: | | | |
| No Claim Discount: | | | |
| Max NCD: | 30 | 30 | |
| Combined Discount: | | | |
| Stone Built Discount: | n/a | | |
| Age Discount: | | | |
| Vol XS Discount: | | | |
| High SI Discount: | | | |
| Locks Discount: | | n/a | |
| N/Watch Discount: | | n/a | |
| Occupancy Discount: | | n/a | |
| Smoke Detector Discount: | | n/a | |
| Retired Discount: | | n/a | |
| Excess | |
| Contents Minimum Excess: | £0 | n/a | |
| Contents Excess: | £150 | n/a | |
| Buildings Minimum Excess: | n/a | £50 | |
| Buildings Excess: | n/a | £75 | |
| Subsidence Excess: | n/a | 1000 | |
| Payments & Fees | |
| Payment Methods: | credit card, cheque, debit card, direct debit | credit card, cheque, debit card, direct debit | |
| DDM Fee: | 0 | 0 | |
| DDM APR: | 0% | 0% | |
| DDM Payments: | 11 | 11 | |
| Cooling Off Period: | 30/admin fee | 30/admin fee | |
| Cover | |
| Max Bedrooms: | 8 | 5 | |
| Min Sum Insured: | £15,000 | Unlimited | |
| Max Sum Insured: | £100,000 | Unlimited | |
| Buildings AD: | n/a | optional | |
| Subsidence: | n/a | standard | |
| Burst Pipes: | n/a | | |
| Garden Contents: | n/a | | |
| Garden Contents SI: | n/a | £0 | |
| Cover Level: | new for old | n/a | |
| Single Item Limit: | up to contents si | n/a | |
| Single Item Away fm Home: | 1500 | n/a | |
| Money in the Home: | £750 | n/a | |
| Credit Cards: | £750 | n/a | |
| Freezer Cover: | standard | n/a | |
| Freezer Contents: | £500 | n/a | |
| Damage by Pets: | option with AD | n/a | |
| Emergency Helpline: | | | |
| Emergency Repairs: | | | |
| Cycles Away from the Home: | up to pp si | n/a | |
| Single Cycle Away fm Home: | £500 | n/a | |
| Claims | |
| Basis of Settlement: | click here | click here | |
| General Conditions: | click here | click here | |
| General Exclusions: | click here | click here | |
Products listed under 'Most Popular' are the most popular products that can be applied for via money.co.uk.
Many policys are overly opaque at the moment, Sainsbury's Finance claimed.
Home insurance policies should be made less complex, a major provider has claimed.
Sainsbury's Finance, which offers home insurance cover as part of its financial services, said today that three in four policies which offer a no-claims discount provide "no details" on how these discounts work. This could prove potentially costly - with customers who make a claim facing unusually steep increases in premiums.
No-claims bonuses are also more commonly offered for car cover rather than home cover, increasing the confusion. Sainsbury's found that "almost all" car insurance policies offer the discount, compared with just 76 percent of home insurance deals.
The situation is made still more opaque by the eight percent of home insurers who offer the no-claims bonus, but charge an extra penalty on customers who claim on their policy. This group is penalised their discount period being cut by a year or more.
Neil Laird, home insurance manager for Sainsbury's, said: "A no-claims discount can significantly reduce your premiums… We don't see any reason why insurers should offer no-claims discounts on their motor insurance policies but not on their home insurance, and it is alarming that so many providers are not being upfront and transparent about their no claims provision.
"While a no-claims discount won't necessarily stop premiums going up the next year, it can provide a significant saving and can soften the impact of any unrelated rise in premiums after a claim so it's worthwhile shopping around for a policy that allows you to earn the discount."
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