Renting a property comes with a lot of responsibilities such as paying
your rent and utility bills. That’s why many tenants overlook contents
insurance. It’s not a requirement to ensure your gadgets, but think about how
much it would cost to replace them if they are stolen or damaged by fire.
If you have expensive gadgets in your property such as: iPod, iMac, laptops, smartphones, flat TV’s etc, it may be a good idea to ensure them.
If you have expensive gadgets in your property such as: iPod, iMac, laptops, smartphones, flat TV’s etc, it may be a good idea to ensure them.
What does contents insurance cover?
Typically, contents insurance cover your possessions against loss or
damage by fire, smoke, theft, and flood. Different insurers offer different
policies, thus check with your insure what is covered. Some insurers may not
cover your contents if you live in shared accommodation.
It’s a good idea to notify the insurer if you have something valuable.
Most insurers will set a maximum limit per item, usually around £1,500. So, if
you have items with a higher value such as jewellery or watches, its best to
list these items separately on the policy.
Please note that quotes vary in prices, so shop around to find the best
deal possible!
Furthermore, the cheapest quote may not always be the right cover. You could be left struggling with money, if you have to make a claim later.
Furthermore, the cheapest quote may not always be the right cover. You could be left struggling with money, if you have to make a claim later.
Always check the policy small print
to see exactly what is covered and what is not. In that way, you can be sure
that you are getting a sufficient level of cover when needed. When you receive
your policy check that the details are correct and, if there is any mistakes
notify the insurer at the earliest opportunity.
