If you really had to think about it, you’d realise that the contents of your home amount to more than just material assets. It’s a combination of things you have come to take pride in. With your home being made up of possessions that you have worked exceptionally hard to achieve, what would happen if you had to lose them all? This is where home contents cover comes in, and it’s something you can’t afford to ignore.
Home contents cover protects your valued assets
As the providers of such cover, we’re taking the time to explain a few more reasons why home contents cover is a must.
It doesn’t always have to break the bank
These days; there are a variety of home contents policies available. This allows you to choose the policy that best meets your needs and budget. Whilst this is positive, it also means that many sub-standard home contents insurance policies have emerged. Sadly, this leaves a lot of unsuspecting members of the public out of pocket when they need to claim. As much as you get what you pay for, you should always do your research to find the right balance between price and level of cover. By choosing a reputable company and chatting to experienced brokers, you could save yourself the frustration and the unforeseen expenses of unpaid claims.
If you can, choose comprehensive cover
The reality is, you’ll only understand the true importance of home contents insurance when you find yourself in a tricky situation. This policy will compensate you for the replacement value of your household contents covered by the address that is stipulated in your policy schedule. This even extends to garden furniture and outdoor items that are damaged by an event that is insured by your policy.
Important things to remember
For starters, always ensure that your policy will pay out the new replacement value of the items you have insured. Also, double check that the entire moveable contents of your home are covered by your schedule. Be sure to include all garage, shed, workshop, or staff quarter contents so that the items found in these areas are not excluded when you need to claim. Your security will also come to impact the monthly premium that you pay, so do ensure that your broker is aware of your current security system that you have in place.
This cover includes the following
A comprehensive policy will pay out for any damage caused by any of the below:
- Fire, lightening, storms, wind, rain, hail, snow, water, earthquake, or explosions
- Overflowing, leaking or bursting of pipes, geysers or heating
- Sudden impact
- Theft, attempted theft, and malicious damage caused by a person other than yourself
Not satisfied with your current home contents insurance?
If your existing policy could be improved, why not give Compendium a call? Our team of experienced brokers can meet with you and discuss your requirements in order to tailor a policy to suit you. If you’re interested in finding out what we could offer you, call us today on 087 724 9390.