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Usually home contents are insured
under a replacement as new policy, except for clothing
and household linen. The things you are permitted
to insure under this type of policy differ from company
to company, so it is important that you read over
your policy to make sure you know what is covered
by it. Most home insurance uk policies provide coverage
for damage or loss due to the following: fire, explosion,
lightening, or earthquake; subsidence, heave or landslip;
storm and flood; theft or attempted theft; escape
of water from tanks or pipes; falling trees or branches;
breakage or collapse of television, radio signal or
satellite apparatus; riot, civil commotion, strikes,
labour or political disturbances; impact by aircraft,
other aerial devices, any vehicle or animal; and escape
of oil from heating systems.
When you take out an insurance policy
it is a legal contract, which means that both parties
involved have certain legal responsibilities. The
insurer has the obligation to cover you against loss,
damage or legal liability that may happen during the
period for which you are covered. You must keep your
possessions in a good state of repair and take any
possible steps to prevent injury, loss or damage.
When calculating the sum insured
for a home contents policy, it is important that you
insure the contents for their full value. Failure
to do so can sometimes result in reduced claim payments.
In the end, it is your responsibility to make sure
your contents are insured for the full amount. If
you are willing to pay an additional premium, you
can get extensions of cover. Extended policies usually
cover accidental damage to or loss of items that you
take out of your home on a regular basis. This includes
items such as clothing, jewelry, cameras, and sports
equipment. You might even be able to insure food in
your freezer, personal money and credit cards, pedal
cycles and legal expenses. For works of art, ornaments,
video equipment and jewelry there may be stated limits
of coverage. Sometimes you can raise these limits
- it all depends on the insurance company you work
with.
For cheap home insurance quotes in
the uk, search our online directory of insurance companies.
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