< Back to blog

The importance of home insurance Posted On 12 June 2019

Home Insurance

Your house and possessions are more than likely your most valuable asset, so it is important to protect these

It’s important to have the correct home insurance and to understand the benefits having it brings. Homeowners insurance is a form of property insurance designed to protect an individual’s home against damages to the house itself or to the possessions in the home.

In fact, some mortgage lenders may require you to have home owner’s insurance before lending you the money. This is due to the lender wanting to ensure that their financial investment is protected. The standard homeowner’s insurance policy helps to provide protection for your house and typically extends to more than the physical structure of your home: including your personal belongings, the rear garden and even the shed, which more than likely doesn’t often get used!

Home insurance can also help to pay to replace personal belongings, which includes furniture, electronics and even personal possessions, which may have been stolen or damaged due to accidental damage such as spilled paint or a water leak.

If in the event of a fire or another risk, the homeowner’s insurance may also help to pay for temporary living costs, such as hotel bills. This cover doesn’t prevent any damage to the property, but it does help provide a financial safety net if something unexpected was to happen.

Events such as house fires, storms and damage to the roof are all things in which can happen at any point: these things are unexpected which no-one can prepare for, which is why having home insurance will at least put your mind at rest, should anything like that happen to you.

And whenever you take out any insurance, it’s vital to ensure that you get the right cover for your needs. Never assume that all elements are covered such as accidental cover – always check the small print.

The easiest way to find the best deal is to use a price comparison site. Ensure you get the best cover for the best price. Undervaluing your contents will leave you uninsured, while overvaluation will spell unnecessary costs on your cover. Go from room to room and ensure you write down the valuation of each item, even those that you think are not important, such as the spare fridge freezer in the garage or the bedroom television that you only watch occasionally. This will allow your cover to be as accurate as possible.

< Back to blog

Connect with us

Recent Posts

Enjoy a takeaway the healthy way!

Vegetable curry You don’t need to give up your curry nights just yet; stay on track with your healthy eating plan with this low-fat, vegetarian dish. Preparation time: 10 minutes Cooking time: 35 minutes Serves: 4 Nutrition: 207kcal per serving   Ingredients 1-2 tbsp red Thai curry paste 500ml low-sodium vegetable stock 2 onions, chopped …

Read more...

The 92nd Academy Awards

Excitement is already building for the 92nd Academy Awards which take place on 9th February; but just who are in the running to pick up a coveted trophy? The Academy Awards honours the best films of the year and this year’s event will take place at the Dolby Theatre in Hollywood, Los Angeles, California, at …

Read more...

Gin & bear it!

The season of goodwill to all men has passed, so how about a few days of goodwill to you? Here’s some suggestions for a few days away, whether you fancy chilling out, the call of the wild, or a gin-fuelled bonanza! Congratulations! You did it… you survived Christmas and the new year with your sanity, …

Read more...

Home Décor Trends For 2020

From unusual shaped mirrors and simplistic interior design to the more abstract, we’ve compiled a list of the top trends to look out for in 2020 Abstract design Predicted to become a massive trend is abstract design, with bold geometric prints, hand-drawn sketches and electric blocks of colour; it’s all about adding your own unique …

Read more...

Giving the green light

To a New Plastic Revolution It took a series of heart-wrenching images from the BBC’s Blue Planet II series to make people sit up and realise scientists hadn’t been over-elaborating when they claimed the planet was choking on plastic. A sperm whale trying to eat a discarded plastic bucket; the remains of an albatross which …

Read more...