Build up a good no claims discount
Just like car insurance, if you don’t make a claim on your home insurance, you could be rewarded at renewal time with a reduction in the following year’s premium – this is known as a no claims discount. Your insurance provider could then offer increasing reductions for every consecutive year in which you don’t make a claim, typically up to four or five years (although some insurance providers may take into account more years).
Remember, though, insurance is there to help you with unforeseen events when things go wrong, so don’t be put off making a claim should you feel you need to as that’s what your policy is for.
You can read the finer details in our guide How do no claims discounts work for home insurance?