Your home is one of the most expensive things you will ever buy and also where you store your most precious worldly belongings, so it makes sense to protect it.
However, many people think fire insurance offers their home adequate protection. That could not be farther from the truth, as fire insurance is intended to protect the building and its structure, but not its contents or any furniture, fittings or renovations you might have added after moving in.
Here’s what you need to know about home contents insurance.
Home contents insurance protects your furniture, belongings and renovations
Your home is where your heart is. It is also where most of your possessions are stored, from your wardrobe full of outfits to gadgets such as TV sets.
It is also where you keep all the furnishings and appliances that you’ve painstakingly chosen for your home, such as that dining table set and washing machine.
It is also likely that you spent quite a bit to renovate your home when you moved in. You might have added some renovations to your home that were not part of the original building or structure, such as that raised platform for your bed.
Home contents insurance is designed to protect all of the above and more. Some home contents insurance policies might also offer coverage for things like deterioration of frozen food should anything unfortunate happen.
Protecting you from accidents and disasters
Now that we’ve established that home contents insurance can protect what’s inside your home, you might be wondering in what circumstances you would be able to make a claim.
It is clear that if you accidentally spill water on your laptop while having a drink or break a chair when sitting down, you will not be able to make home contents insurance claims for them.
In general, home contents insurance is meant to protect you from unforeseen and unexpected incidents and accidents. These might include incidents like a fire, or accidents like a burst pipe. They also usually include theft or burglary.
So, for instance, if your home contents insurance policy offers coverage for the loss of cash, you might need to show that there was a break-in at home and that money that was kept in a locked drawer or safe was stolen.
Making it easier to bounce back
In addition to offering coverage for lost or damaged home contents, a good home contents insurance policy will also help you cope with the aftermath of an unfortunate incident.
For instance, if your home has been damaged in a fire, some home contents insurance policies will offer coverage for removal of debris as well as expenses incurred to extinguish the fire.
You might also need alternative accommodation or a place to temporarily store your belongings in the aftermath of the incident. Your home contents insurance policy might offer coverage for this as well, which will save you from having to worry about incurring huge costs before your home becomes habitable again.
Protect your home and all the things you love in it with home contents insurance from HL Assurance.