Floods and storms; there are many reasons to have contents insurance

House insurance is important to us all, and contents cover is just as important as building insurance

11:54 10 December 2012

It’s wise to have a house insurance policy, especially these days when the weather seems to be unpredictable. Many properties have been affected by the UK’s recent heavy rain, and flood damage costs can cause a problem to many home owners if there is no house insurance in place to cover for this.

 

Even though it’s best to have buildings insurance in place if you own a house, having contents insurance is also a must. In the event of loss or damage, theft, fire, storms or flooding among other instances, it is best to have your belongings insured.

 

In many cases, home owners’ belongings are often worth more than the value they put on it.

 

According to reports, on average a family of four members can judge their valuables to be worth around £25,000 and in fact the real worth of their contents can be much more than this.

 

It is important to advise house insurance companies accurately when it comes to taking out a contents insurance policy.

 

Otherwise you may be paying too little or even too much for your contents insurance policy, and also your insurance company could end up paying out the wrong sum when it comes to you putting in a claim.

 

This may mean that you could fall short, so it is best to tell your insurance providers correct details.