Contents Insurance - compare cheap contents insurance
Contents insurance is purchased to cover items in your home, such as furniture, electrical equipment and personal belongings. Whereas buildings insurance is just for homeowners, contents insurance can be valuable to everyone, including renters and council tenants. Whereas buildings insurance is just for homeowners, contents insurance can be valuable to everyone, including renters and council tenants.
Contents insurance covers all your personal belongings, from sofas to cameras, clothes to laptops
Insurers have a favourite metaphor to describe the difference between buildings and contents insurance — if you picked up your house and shook it, everything that fell out would come under a contents insurance policy. Everything that stayed put (such as the walls, fitted kitchens and bathrooms, doors etc.) would be covered by buildings insurance.
insurance, contents insurance is not a legal requirement. However, it’s highly recommended for most homeowners and tenants. Imagine if your house burned down and everything was lost – your buildings cover (or the insurance held by your landlord) will take care of damage to the building, but could you afford to replace everything from scratch, from your furniture to your shoes?
As with most insurance policies, general wear and tear isn’t covered, so you can’t claim if your old TV or camera stops working for no apparent reason.
You may not think that your belongings are worth very much, but once you add up the cost of all of your electrical goods, clothes, jewellery and other practical items and luxuries, you may have more than you think.
Category: Cheap Insurance