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.