During recent years, thanks to the vortex in the recruitment of many mortgage banks and savings banks that have taken advantage of customers by requiring the hiring of a home insurance or life with the entity.
A change of this contract apply to a lower interest rate, or rather in the differential applied to the Euribor. However, the discount applied is only a few euros a month, that does not offset the cost of insurance.
For example show the case study suggests that the insurance contract the entity BBVA to achieve a few tenths of a rebate on the interest rate through BBVA Seguros.
The cost of insurance depends on many parameters such as coverage or the type of housing (see home insurance for more information). Selecting a basic coverage will cost slightly more than 220 euros per year.
What interesting is when we go to an insurance broker and ask for the same budget housing with coverages similar to those offered by BBVA Seguros, and as we discovered through the Metropolis insurance get a quote of 110 euros, ie a saving of 50%.
In summary, taking into account is the economic sector and every euro account, we ask some worthwhile budgets online at the major insurance companies and choose the price set for the policy of our home insurance.
