Your home is your castle and your belongings are your treasures. But what’s a lifetime of belongings and memories worth?
Getting a home and contents insurance policy is essential for protecting your family and your lifestyle, but finding the right insurance solution can take time. The first step is to choose the type of home insurance you need. There are two types:
The next step is to determine how much contents insurance you need. Determining the value of your possessions can be a daunting task, but it’s an essential step towards getting the right home and contents insurance.
- Total replacement cover. This includes all the costs to rebuild your home to the standard it was prior to a claim. Having total replacement cover reduces your chances of being underinsured.
- Sum-insured cover. This is more common, and will cover you up to a set amount needed to repair or rebuild your home.
- Create an inventory of your furniture, clothing, appliance and jewellery
- Determine what type of contents policy you need, and if you need cover for accidental events