Defaqto is an independent financial research company. Their Star Rating system is highly recognised within the insurance market, with some price comparison websites, such as Go Compare currently using the product’s Star Rating within their search results.
Choosing the right home insurance can be a daunting task for customers, with hundreds of products to choose from. The Defaqto Star Rating is designed to provide an indication as to the level of features and benefits a product provides. When reviewing household insurance, Defaqto look at the level of cover provided for over 50 separate areas, and based on how comprehensive the level of cover provided is, Defaqto provide an overall Star Rating from 1 Star (Lowest level of cover) to 5 Stars (Most comprehensive level of cover.)
The Defaqto Star Rating gives customers an easy tool to benchmark one product against another. It also encourages insurance companies to improve their products rather than competing simply on price. HomeProtect customers receive the highest quality buildings cover in the home insurance market with our 5 Star Defaqto rating for buildings.