Tag : contents insurance

Definition of valuables

Under home contents insurances valuables are usually defined as jewellery, watches, gold, silver, precious metals, gemstones, furs, pictures, curios and other works of art, stamp, coin and medal collections, televisions, radios, home computers, audio and home computer equipment. The reason for the definition is that valuables are more high risk than other general household goods […]

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Home insurance index linking

Insurers index link sums insured to keep pace with rising costs. Although policyholders only see their sums insured increase when the renewal documents are issued, most policies are index linked on a monthly basis, which could have a bearing on claims. Index linked adjustments continue from the date of a claim to the settlement, provided […]

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Tenants liability insurance

When renting there’s always the possibility of accidentally causing damage to the landlord’s buildings and then being liable for the costs. If as a tenant you have a home contents insurance in force covering your possessions, then you may have tenants liability cover for damage to the building. This policy extension usually comes with a […]

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Business contents under home insurance

Insurers are usually good at keeping up with changes in lifestyles and are willing in adapt home insurance accordingly, provided the change is in keeping with a domestic policy and the risk isn’t significantly increased. Most standard policies now come with automatic cover for office contents owned or the legal responsibility of the policyholder. Limits […]

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Amlin home insurance review

A review of the home insurance policy from Amlin, designed to cover the policyholders’ home buildings and/or contents at their main residence. The majority of UK standard home policies cover the same causes of damage and loss, regardless of the provider, so it’s the range of additional benefits that set insurers apart. First the overall […]

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Remember home insurance on bonfire night

Bonfire night is one of my favourite times of year, whether attending an organised firework display or a DIY job in the back garden. The latter being particularly hazardous as according to NHS statistics there are around 1,000 firework related injures a year on 5 November, with more than 50% happening at private parties at […]

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Home contents insurance new for old

Modern policies usually come with ‘new for old’ settlement as standard for contents and personal possessions, with no deduction for wear and tear and depreciation. The only exception being clothing and linen, which generally have a short life span. Great for the insuring public and beneficial for insurers, who don’t want to waste time and […]

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