Contents Insurance

House And Contents Insurance Cover Questions

Never just signup for the cheapest home and contents insurance quote on the home contents insurance deals finder – there is often a catch in the small print and you need to check if the policy actually suits you!

Getting an accurate house contents insurance estimate is a matter of detail. Of course, you can throw guesses into a home contents insurance price calculator for a general contents insurance cost estimate for your budget planning – but remember that it will not be accurate when it comes down to it.

One of the easiest ways to get a good household contents insurance cost quote is to speak with an experienced insurance broker. The best contents insurance, after all, is the one that suits your belongings and budget.

For all your Insurance & Financial Needs

Ask What You Can Generally List Vs What Needs To Be A Named Item.

Contents insurance generally covers the financial burden of replacing or repairing the personal items in your home – this includes furnishings like sofas, curtains, and tables, as well as items like computers, stereos, white goods and other electrical appliances, your own personal belongs like jewellery and clothes. These are often included and given a generic valuation, however if you have an item that is of particular worth – an expensive ring, antique cabinets, or first editions for example – you may need to list them as named items and have then officially valued before they can be included in your home and contents insurance quote.

Ask If You Actually Need Contents Only Insurance.

This is often called contents insurance for renters or ‘tenants contents insurance’ as it insures you against the loss of your belongings, but not the building. If you do not own the building then you cannot take out insurance against it, that is the landlord or building owners responsibility. Additionally, including property you cannot claim for in your policy will cause your premiums to tower, contents insurance for renters takes into account that any claim they make will not include any of the actual building and so the premiums are often lower- though factors like roommates and gross contents value will have an effect as well.

Landlord Contents Insurance
Landlord contents insurance is most similar to regular contents cover in that it covers them for the content included with the rental as well as the building itself, but it also covers them for loss of rent and malicious damage caused by renters.

Storage Contents Insurance
Depending on where you are storing your contents, insurance cost may vary hugely. Additionally, storage units and specialty storage companies may have contents cover included in your weekly cost – but never assume!

Ask about true ownership before including something in your contents insurance policy – especially in multi-occupancy buildings.

With the steady rise in high occupancy buildings – apartments, townhouses, and courtyard units – you need to be sure of your legal ownership before including something in your contents insurance policy. For example, if you own your apartment but someone else owns the building you may own, be responsible for, and therefore can insure the plaster on the walls – but the bricks on the outside of the building are the responsibility of, owned and therefore insured by, the building owner. Not you!