Contents Insurance
We understand at FAQ Insurance that taking out contents insurance is an optional insurance policy, however we believe it’s still necessary. In the greater scheme of things it’s a small price to pay when you consider how much you could loose in the event of a disaster.
Tempting fate is one game we don’t like to play, especially when you could possibly loose the contents of your home to theft, fire or storm damage. Contents insurance cover is needed, otherwise you could be faced with a clean up bill that you might not be able to afford. Worse than that you’ll be living in the home with little or no contents, whilst the repairs are being done.
This kind of scenario can be avoided as contents insurance can be affordable if you don’t opt for the most expensive insurance policy. When you take out inexpensive contents insurance your home is protected and your monthly budget is still on track.
Contents insurance usually covers all of your household items, that aren’t considered part of the actual structure of the home. Items like electrical goods, the clothing you wear, the furniture, and bits and pieces you own, should all be covered under the one policy. Strangely enough it may include the contents of your fridge/freezer.
Tenants you also need to be aware it’s not your responsibility to insure the landlords furniture under your contents insurance policy. If the landlord chooses not to take out contents insurance the consequences are for them to deal with. Always make sure you have a copy of their building insurance policy in case something happens to the property. Read more »
Building Insurance
When the structure of your property has been damaged or your home has been lost to fire or natural disaster, isn’t it safe to say that having building insurance would make life a whole lot easier, especially when it comes time to repair or rebuild the property.
The costs to repair the damage or to reconstruct your property doesn’t need to be a financial burden, if you’ve taken out building insurance. Building insurance cover does differ so it’s important to know if you want to take out current market value insurance or fixed value insurance.
Unfortunately market value can rise or fall depending on the salable value of your property, and because of it’s unfixed nature your building insurance might fall short and this won’t cover the costs to rebuild your property.
By talking to a mortgage lender or insurance company they can discuss with benefits and risks involved depending on the type of building insurance cover you take out. Taking out 100% insurance cover gives you the peace of mind that no matter if the damage is minor or major it will cover the full replacement costs.
This is why mortgage lenders insist on you having building insurance, because they want their loan to be secure and your asset to be protected. Read more »
House & Contents Insurance
We like to think of our home as a sanctuary, a place where we can feel safe and comfortable with our families. A home is often the most valued asset we have that contains our worldly possessions, that go into making a house a home. Not having house & contents insurance directly impacts our quality of life and peace of mind.
Protecting your home with house & contents insurance will insure you can breathe easier knowing that you’re protected against the unthinkable. When looking for house insurance and or household insurance, policies can vary in price considerably, so it’s important to get several home insurance quotes and compare them to get the best price available.
If you don’t have time to go from one insurer to the next you could always use an insurance price comparison tool. This tool is a convenient way to compare insurance quotes from a group of insurers to give you a competitive price for home insurance. Before using a tool like this it’s really important to know what you’re looking for so you’re covered by the right home insurance policy.
If you’ve never been insured for house & contents insurance before, our site is informative and will help to explain what you need to consider before taking out a home insurance policy. Read more »
Contents Insurance | Admin | 
January 31, 2010 12:35 pm | 
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