Saga

For more than 65 years, Saga has been offering its wide range of financial products and services to over-50s in the UK.

They first began offering car and home insurance in 1980, before later introducing pet and private health insurances a decade later.

Who underwrites Saga home insurance?

Saga’s home insurance policies are underwritten by a number of well-known insurers including Ageas, AXA Insurance Plc, Covea, and Royal & Sun Alliance.

Types of home insurance available with Saga

Saga offers three types of home insurance: –

• Buildings insurance
• Contents insurance
• Combined buildings and contents insurance

Saga offers two levels of cover targeted at over 50s, Saga Select and Saga Plus.

Policy	Policy Type	Buildings maximum sum insured	Contents maximum sum insured
Saga Select	Buildings	Up to £1 million	N/A
Saga Select	Contents	N/A	Up to £75,000
Saga Plus	Buildings	Up to £1 million	N/A
Saga Plus	Contents	N/A	Up to £100,000

What does Saga’s buildings insurance include as standard?

Taking out buildings insurance is designed to protect you from the cost of rebuilding or repairing your home in case it becomes damaged by an unexpected event.

With either of Saga’s buildings insurance policies, the physical structure of your home is covered – this includes the walls, roof and windows, as well as permanent fixtures and fittings inside your home such as the kitchen or bathroom.

If you’re unsure which level of cover is right for you, the table below compares the two side-by-side.

Cover	Saga Select	Saga Plus
Rebuilding or repairing of your home as a result of fire, storm, flood, or other damage.	Up to £1 million	Up to £1 million
Alternative Accommodation	£100,000	Up to buildings sum insured
Trace and access of a water or oil leak	£5,000	Up to buildings sum insured
Lock replacement	£1,000	Up to buildings sum insured
Property owner’s liability	£2 million	£2 million

What does Saga’s contents insurance include as standard?

Both of Saga’s contents insurance options covers you against theft, loss, or unexpected damage of the items in and around your home.

To help you decide, the table below provides a comparison of what each level of cover has to offer.

Cover	Saga Select	Saga Plus
New for old cover for contents	Sum insured (shown on policy schedule)	Sum insured (shown on policy schedule)
Alternative Accommodation	£25,000	Up to contents sum insured
Liability to others	£2 million	£2 million
Visitors’ personal belongings	£250 per person up to a maximum of £1,000	£2,000
Contents in the open	£1,000	£5,000
Lock replacement	£1,000	Up to contents sum insured
Garden cover	£1,000	£5,000
Personal money and credit cards	£500	£1,000
Frozen food	£500	Up to contents sum insured
Oil and metered water	£2,000	Up to contents sum insured
Contents temporarily removed from the home	£5,000 (£1,000 from a domestic garage or outbuilding)
Carers’ personal belongings	£250 for any one carer	£250
Theft by bogus officials	£250	£250
Religious festival increase	10% of sum insured during the month of any religious festival	20% of sum insured during the month of any religious festival
Wedding, civil partnership, birthday and anniversary increase	20% of sum insured one month before and one month after	20% of sum insured one month before and one month after
Fatal accident	£5,000	£5,000
Business equipment	£5,000	£10,000
Title deeds	£2,500	£2,500
Liability to domestic employees	£5 million	£10 million
Liability as a tenant	£5,000	£15,000
Unrecoverable court awards	£100,000	£2 million (plus other costs and expenses agreed with Saga)
Trauma cover – counselling fees	Up to £1,000 for professional counselling fees	Up to £1,000 for professional counselling fees

Saga Tailormade home insurance

Aside from its two main policies, Saga also offers a third type of home insurance, Tailormade. It has been specifically designed for those who need higher cover limits (more than £100,000 for contents or £1 million for buildings insurance).

Optional extras

In addition to what you’ll get with your policy, Saga also offers a range of optional extras. You can add as many or as little as you’d like, but be aware that any additional cover you choose will increase the cost of your monthly or annual premiums.

Legal expenses cover

Offers unlimited personal legal advice and cover of up to £10,000 for a number of legal proceedings, as well as online access to a range of professionally written legal documents. Also provides access to a 24-hour legal advice helpline.

Home emergency cover

Includes a 24-hour emergency helpline, unlimited call outs and up to £2,000 per incident, with repairs to be carried out by approved tradespeople on Saga’s panel.

Personal belongings cover (included as standard with Saga Plus Contents insurance)

Provides protection for possessions you take outside your home, with cover options of £2,500, £5,000 or £10,000 per incident.

Saga Plus Contents cover includes personal belongings cover up to £10,000 per incident as standard.

Excess and no-claims discount

Saga states that details about its compulsory excesses will be shown in your policy schedule. So you’ll need to run a quote with them to find out exactly what you’ll need to pay for what claims.

However, they do publicly state compulsory excesses for the following claim: –

• Subsidence, ground heave, or landslip compulsory excess: £1,000

No-claims discount

Although readily offered with their car insurance options, Saga unfortunately does not appear to offer a no claims discount on any of their home insurance policies.

Defaqto rating

Since 2014, both of Saga’s Select and Plus home insurance policy options have been rated five stars by Defaqto.