Those of us who spend a lot of time making our house into our own little oasis from the outside world end up spending plenty of money on furniture and other belongings to make our house a home.
Choosing the perfect dining room table and chairs and picking out a stunning sofa or display cabinet is great fun, but what isn’t so much fun is sorting out the home insurance to protect everything you have invested into your home.
Getting a home insurance is dull to say the least, but it is a definite necessity. If you own your own home and have a mortgage to pay on it, then you’ll be aware that you have to have a buildings insurance policy as an absolute minimum. Contents insurance isn’t vital, but most home insurance policies include buildings and contents cover anyway.
Even if you think you don’t need contents cover, do a quick mental calculation of the value of some of your furniture and electrical items in your home and it will probably add up to quite a lot. Would you really want to pay to replace all those belongings if they were stolen or damaged beyond repair in a fire or flood? The answer is probably not. In fact, when you look at it that way, then the monthly premiums for a house insurance policy don’t seem too bad!
When searching for home insurance don’t fall into the trap of only looking at the cost of the premiums. A cheap house insurance policy may seem attractive, but check that the cheapest quote you get will also give you adequate cover.
If you feel that the quotes you are getting are coming in too high, there are ways you can reduce them. Make sure that you have adequate security in place – such as fitting locks on all the windows. Installing an alarm system will also lower your risk potential for an insurance company and this will help bring down the cost of your premiums.
You can also volunteer to increase the excess that you pay before putting in a claim. This indicates to the insurance company that you will not be likely to put in a cheap home insurance claim and therefore you may benefit from reduced insurance policy premiums.
Do your research when getting home insurance and you should end up with a reasonable level of protection for your cherished belongings and your home at a reasonable price.