Do You Need Contents Insurance for Your Home?

Home and contents insurance is important for anyone who wants to make sure they are financially covered for their possessions in the event of loss, damage or theft in their home. This type of insurance covers your furniture, clothing, jewellery and any electrical goods or other expensive items you own.

What Can You Cover?

There are different types of contents insurance you can add on to a basic policy, most popular being accidental damage cover or personal possessions cover, covering items you take outside of your home that might be damaged. The policy will cover theft, flood, fire or other damage in your home through no fault of your own.

What contents insurance doesnbt cover is natural wear and tear to possessions you own, any computer damage caused by a virus, or structural damage to the home, which should be covered by a buildings insurance policy. Most policies will have a limit to what you can price a single item (usually around B#1,500), so anything you own that is more expensive will have to be covered by a separate insurance policy or an add on to your choice of main cover.

Benefits of Contents Insurance

As part of your policy you can choose a bnew for oldb policy for when you need to replace lost items or those that are damaged. Another benefit is that you can cover personal possessions for outside the home, as well as optional extras in case you need the assistance with certain broken parts of white goods and other electrical items in the home.

Central Mortgages has a range of insurance covers to help you in your home and to cover you if your possessions are damaged. Give us a call and webll be happy to discuss further.