Are You Putting Your Belongings at Risk?

Many people in rented accommodation are putting their belongings at risk because they are not buying adequate home contents insurance cover

Tenants sometimes overlook buying home insurance to try to cut costs.  Home contents insurance is viewed by many as a bit of a luxury and so is often the first to go in difficult economic times.  Some tenants also believe they don’t have enough possessions to make insurance worthwhile.  This can be a false economy.  Possessions such as HD TVs, computers, games consoles and games, laptops, DVDs and CDs, mp3 players, mobile phones and designer clothes are all extremely attractive to burglars and very expensive to replace.

The value of your personal possessions can often be deceptive and it is often the case that householders, especially tenants, underestimate their worth.  For example, have you ever calculated how much it would cost to replace your CD or DVD collections?  It’s worth spending some time looking round your home and thinking about how much it would cost to replace all of your possessions if they were destroyed in a fire. 

Remember that insurance can cover you not only against fire and break-ins but also against other household disasters such as damage caused by a leaking shower or immersion heater.

An insurance broker will help ensure you have the right amount of cover for your personal possessions and belongings.  To get a competitive rate for your home contents insurance, contact your chosen Cherrypicked Insurance Broker.

Last reviewed 8/11/2011

To talk to an expert in your area and get a quote, contact your local insurance broker.