do you have the correct home insurance?

Do you have the right cover to protect the contents of your home?

Unexpected events like burglaries can cause huge expense, so it’s important to make sure you are covered before the unexpected happens…
The different types of home insurance

Home insurance can be broken down into two different forms of insurance:
• Buildings insurance – this refers to cover for what is known as ‘permanent fixtures’ in the home
• Contents insurance – this is cover for the things you have in the home, like TVs, computers, furniture etc…

Both of these types of home insurance policies can be bought separately, or as a joint home insurance policy.
Contents insurance is most important when it comes to making sure your belongings are protected against a burglary.

What is covered by contents insurance?

In general terms, everything within your house which actually makes it a ‘home’ is usually covered by contents insurance. This includes all:
• Electrical goods
• Jewellery
• Furniture
• Clothing

There are different levels of cover available depending on your policy, but normally any contents insurance policy will cover the items in your home against theft as well as against fire and flood damage.

Some contents insurance providers also offer to cover the possessions when you take them out of the home. This is known as ‘personal possessions cover’ and means that ‘household’ items like tablets, laptops, digital cameras, jewellery etc… will also be covered when you’re out and about.
What is not covered by contents insurance?

Typically, contents insurance will not cover the ‘structure’ of your home – so any wear and tear or damage to walls and ceilings won’t be covered.

Most contents insurance policies also have limits related to the value of your items – so it is critical you make sure you have the right cover for your possessions to make sure you are not left out of pocket in the unfortunate event of a burglary.

A common value for a single item is £1,500 – so if you have more expensive items in your home, like jewellery or art, then it is advisable to look into extending your cover to make sure these are protected fully.

Home insurance

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