When it comes to home and contents insurance, the cheapest price isn’t always the best policy. While it is important to shop around for competitive rates, it’s also important to ask what you’ll be getting for your money.
There are different types of policies available to protect your home and contents.
Accidents do happen, and repairing or replacing damaged possessions and buildings can be very costly. If you’re looking for peace of mind, you should consider protecting your precious possessions with Accidental Damage Home Insurance. In addition to providing cover for listed events such as storm or fire, this cover also protects your property against a broader range of risks for accidental damage or accidental loss - whether it be red wine spilt on your valuable carpets or damage to a wall while shifting furniture. Other benefits include wider coverage of possessions away from your property.
Covering your valuable items
Items such as jewellery, furs, collections of medals, cameras, sport equipment that is used for leisure and some items that are able to be powered by battery are defined as 'Valuable Items'.
When you have insured your contents, under Accidental Damage Home Insurance, you receive automatic cover for valuable items. The terms of each insurance policy’s Product Disclosure Statement vary, however a typical policy would provide the following:
- up to a maximum per item, up to a total maximum,
- or percentage of your contents sum insured whichever is the greater;
- with cover is also available for items over the maximum if they are specified.
Real Value for Money
Don’t gamble with your precious possessions, most general insurance providers offers a range of home and contents insurance products at competitive rates - sometimes these products are underwritten by a 3rd Party.