Magnet Insurance

Save more than 70% on your home insurance with Magnet

Why Choose Magnet Home Insurance?

With Magnet, you can benefit from discounts of more than 70% on your home insurance and with policies underwritten at Lloyd's of London, you can be confident that claims will be dealt with promptly and fairly.

Discounts include:

  • Up to 64% no-claims discount.
  • Up to 40% discount for increased excess.
  • 20% discount if you take both Buildings and Contents cover
  • Up to 40% discount for older policyholders

Contents cover includes:

  • Free cover for freezer food (up to £100).
  • Free cover for pedal cycles (up to £250).
  • Free cover for money and credit cards (up to £500).
  • New for old cover on most items.
  • Cost of replacing locks if keys lost or stolen (up to £250).
  • Loss of metered water (up to £750)

Buildings cover includes:

  • Alternative accommodation costs in the event of fire, flood etc.
  • Cover for fixtures and fittings such as sanitary ware, ovens and hobs
  • £2 million cover for your legal liability as owner of your home.

For further information, see the Summary of Cover.

home insurance
underwritten at

Lloyd's of London
House insurance for all types of home