Introduction
Home contents insurance covers your household contents against different kinds of risks from fire to theft. Your home contents include things like furniture, personal items and jewellery. Anything can happen to your furniture or personal items, and that is why it is important to take out home contents insurance. So, what exactly are you covered for when you take out a home contents insurance policy?
History
Your furniture pieces can accidentally fall and get damaged; and this includes your TV or radio. Obviously, you will need to have the piece of furniture repaired or replaced within the shortest possible period of time. This is where home contents insurance comes in, the insurance company will first assess the loss and then pay the claim. Accidental damage can happen to any item in your home, and the insurance company will always make sure that such claims are settled. Some losses to your home contents can be due to theft. Robbers can have access to your property and steal your valuable items like jewellery and other personal stuff. The insurance company will also pay for such claims as long as there is evidence of violent entry to the premises. Before they pay out the claim, insurers appoint specialist assessors to do the assessments and valuations of things like jewellery. They want to make sure they do not pay out more than what they are supposed to.
Features
When you take out a home contents insurance policy, insurers require you to list down all your contents and they also want to know how much each item is worth. This will help them when a claim happens; any item not included on the list may not be covered by the insurance company. So, you will need to be careful about this, when the insurance company requests this information, make sure you provide everything to the best of your knowledge. Just like any other insurance policy, you need to look for the best quote when it comes to home contents insurance. Get online quotes from at least three insurance companies; this is the only way you can get a competitive quote. Alternatively, you can get a home contents insurance company to phone you so that they can explain their terms and conditions. Whatever method you choose to get the best home contents insurance, make sure you compare the quotes.
Tips and comments
When you insure your home contents, most insurance companies give you the option to combine your contents insurance with the home owners insurance. This is a cheaper package because they will be under one policy. You will get discounts for combining your contents and homeowners' insurance under one policy. It is therefore advisable to make sure that your home contents insurance and homeowners' insurance are insured with one insurance provider. That way, it will be easier to combine them. Do not just insure with any company you know or that you have heard of. Instead, insure your home contents with a company that specialises in home contents insurance. This is the only way you can get excellent and superb service.
