Contents Insurance
Basic Home Contents
insurance usually covers all household goods, furniture,
furnishings and moveable equipment that you own or are responsible
for.
Anything that is an unmovable
fixture or fitting is usually covered by your buildings
insurance.
You should always read your policy
to check what is covered under the basic contents
insurance cover.
All contents policies offered
on this site have online cover explanations which you should
read.
All contents policies have what
are known as additional cover inner limits. These are monetary
limits that the insurance companies impose on certain components
of the basic cover. For example if your house flooded you
may need to stay in a hotel and the cost of this is covered
under the Alternative Accommodation component of the policy.
Equally a contents insurance
policy may set a limit to damage to your satellite dish
for example. You should always check what the limits are
for certain cover components.
These covers vary from insurance
company to insurance company and are available to check
on cheaper home insurance as you compare prices.
You may want to take out an
accidental damage to your contents extension. Also known
as all risks cover, this covers your contents property
against accidents and is not usually included in basic
contents insurance policies.
Another extension you may want
to consider is the personal possessions cover. Usually
sold as an add on, this cover your personal property such
as clothing or bags when you are away from your home.
This contents cover usually has a basic level of cover
that can be raised for a small extra premium.
You can reduce the level of your
contents premium by paying what is known as a contents insurance
voluntary excess. This is the amount that you agree you
are prepared to pay in the event of a claim. This cuts the
cost of small claims and the insurance company allows a
bigger discount to the contents insurance premium for more
voluntary excess.
You should always check if there
is a compulsory excess in the event of any contents insurance
claim. Many Insurance companies have set a nominal excess
of £50.
You can reduce the costs of your
home contents insurance by providing additional home security
to your property such as being in a neighbourhood watch
area or investing in a burglar alarm.
There are always usually conditions
to your policy that you must adhere to regarding security,
windows doors and locks. You should read the security information
that is included in the policy wording
Cheaper
Home Insurance policies are adjustable online should
you wish to add different cover components at a later
date.
Compare, buy, adjust and
renew cheaper home insurance and household insurance policies
online
