If you have a comprehensive home contents insurance policy then your Christmas gifts will most likely be insured, as standard, by your current cover. Many insurers automatically increase your possessions cover at Christmas, knowing you will have more things in your house as the holidays approach. Malcolm Tarling of the Association of British Insurers has [...]
Personal possessions insurance covers personal items, like laptops, mobile phones, and cameras, which you take with you outside the home. It is not the same as contents cover. Some personal possessions cover will also insure you for loss of limited amounts of cash, fraudulent use of credit cards, and sports equipment. One group that should [...]
Adequate levels of home insurance are extremely important for all homeowners. While tough economic times may cause some people to consider doing without it, this is not a good idea. In fact, you could say that tough economic times make it more important than ever to have adequate home insurance cover. Keeping adequate insurance cover [...]
If you are a tenant, the typical situation is that your landlord has buildings insurance to cover the structure as well as liability insurance, but it is highly unlikely that the landlord has contents cover as well. This means that covering your possessions with home insurance is your responsibility. Rental accommodation insurance is highly advisable, [...]
Recent research by Santander has shown that £1.7 billion of items owned by university students are currently not protected by home contents insurance. On average, a student at university keeps more than £2,000 worth of belongings in their student accommodation, adding up to £3.3 billion total in the UK. This may be why students’ digs [...]
Home insurance isn’t just another nice extra to have when you own a home. It is extremely important for your financial security. Home insurance may include building cover (to cover damages to the structure itself due to fire, or other disaster), and contents cover (to cover your possessions), or both. If you do without building [...]
With most people striving to save money, cheap home insurance is something more people are exploring these days. If you are a new homeowner or if it is time to renew your existing policy, you would be wise to read the policy thoroughly and question any added extras in your policy such as accidental damage [...]
Though there is no legal requirement to have home insurance, some mortgage companies make it a condition of the mortgage that you have buildings cover. Many homeowners choose contents coverage as well. Generally, you are much better off buying at least buildings coverage than trying to go it alone, even if you were able to [...]
What would you do if someone offered you an extra £50 each month for the next 12 months? You would snap their hand off, right? After all, nobody would turn down free money.
Back in October we published a blog stressing the importance of adequate home insurance over the festive season. Because there’s much to remember at this time of year, and there’s less than a month left until Christmas, we wanted to remind you to check that you have enough home insurance cover to protect you over [...]
