Insurance Info

The first thing to remember is that buildings insurance and household home contents insurance are different. Buildings insurance covers your properties structure and the fixtures and fittings and is designed to provide you with insurance should the building have to be repaired or rebuilt due to fire etc. If you have a mortgage your mortgage provider will normally insist on you having buildings insurance cover.

Home Contents insurance is different as it is designed to cover your possessions like furniture, furnishings and personal items or in a nutshell the items you would take with you if you moved house so clothes, televisions, linen, electrical, jewelery etc. Worryingly some recent articles have suggested that many people have stopped taking out home contents insurance during the credit crunch and even those that have it are normally under insured on their household contents insurance policy. Continue reading ‘Should You Take Out Home Contents Insurance?’ »

This article is based on my research and does not constitute financial advice. I have included links to Halifax.co.uk as I feel they may be helpful to the reader for general information purposes only.

The value of your total possessions can go up as well as down over the course of your life, but it is most likely that as you acquire more electrical goods, jewellery and other valuables, you may need to take on board a good home contents insurance package that will protect your belongings.

While some people – such as those renting a property – will not need to shop for buildings insurance, everyone has certain things they own that are important to them. Whether this is your shiny new widescreen television, a computer that is essential to your day-to-day affairs or an expensive gold watch too expensive to replace, you might want to consider the benefits of obtaining a policy to protect them. Continue reading ‘Is it time to re-evaluate your home contents insurance?’ »

As the days shorten during the winter period and darkness sets in earlier in the day, the opportunity for potential burglars to strike increases. This is compounded by the fact that burglars know that there are likely to be high-value items in most homes during the Christmas period.

This means that there is good reason to take measures to safeguard your house against any unwelcome visitors. As most people keep a Christmas tree surrounded by presents in the weeks leading up to Christmas, one simple preventative measure is simply keeping your curtains closed so as not to tempt any opportunist passersby. Also, once you have opened your presents it is good practise to get rid of the boxes and wrapping, so that you are not advertising the presence of gifts.

Continuing down this line, it is advisable for people to keep other valuables such as car keys, wallets and laptops out of sight and to get into the habit of keeping their doors locked. Taking extra security measures – such as an alarm system – is always a good idea, not just for the festive period but for the long term too. Also, take extra care with your Christmas lights and candles. By taking precautionary steps you can ensure that you are not exposed to misfortunes for which you may not be protected for, and therefore will be safe in the knowledge that any incidents should be covered by your house contents insurance policy. Continue reading ‘Protect Your Home Contents Over Christmas’ »