When we purchase home insurance there are a plethora of different policy inclusions determining what is covered and which items will require additional policy features. Below are some of the important considerations you will need to make to better understand how your buildings and contents are protected.
Many home insurance policies will in fact cover items when they are in the car as well. Typically insurance providers will stipulate that items in the car will be covered by your policy as long as the car is locked and the items are kept out of sight; this means keeping them in either the glove box or the boot.
If you run a business at home it can be worth insuring your computer equipment, printers, scanners, photocopiers etc. Additionally it is also worth making sure that personal computers, particularly laptops are also covered. Some companies will even insure to the costs of replacing lost data in the event of hardware failure.
Contents within outbuildings will typically be covered as part of a regular policy. This could include the garden equipment or furniture in your shed. Some policies will even provide an element of cover for swimming pools and hot tubs, as long as they are a permanently installed feature.
If you own a collection of fine art or antiques this will frequently have to be insured separately. For exceptionally high priced items it is often the case that you will require an independent valuation to ensure they are covered to their market value; valuations should be carried out every one or two years to ensure that the market value is represented by the cover. Specialist inclusions also apply to items of expensive jewellery, once again valuations will be required before cover is granted.
Many policies will also cover a child's possessions when they are at college or university. As these people are determined as temporarily living away from home they will be covered.
It is also frequently worthwhile if your house has non-standard features to mention these whilst you are in the process of finding home insurance. Features such as timber frames and thatched roofs can be considered non-standard. In addition if you live in grade listed building then a specialist home insurance policy may be required.
The above points are by no means an exhaustive list of specialist home insurance inclusions. They do however highlight the need to consider a range of factors when obtaining your insurance policy.
Many home insurance policies will in fact cover items when they are in the car as well. Typically insurance providers will stipulate that items in the car will be covered by your policy as long as the car is locked and the items are kept out of sight; this means keeping them in either the glove box or the boot.
If you run a business at home it can be worth insuring your computer equipment, printers, scanners, photocopiers etc. Additionally it is also worth making sure that personal computers, particularly laptops are also covered. Some companies will even insure to the costs of replacing lost data in the event of hardware failure.
Contents within outbuildings will typically be covered as part of a regular policy. This could include the garden equipment or furniture in your shed. Some policies will even provide an element of cover for swimming pools and hot tubs, as long as they are a permanently installed feature.
If you own a collection of fine art or antiques this will frequently have to be insured separately. For exceptionally high priced items it is often the case that you will require an independent valuation to ensure they are covered to their market value; valuations should be carried out every one or two years to ensure that the market value is represented by the cover. Specialist inclusions also apply to items of expensive jewellery, once again valuations will be required before cover is granted.
Many policies will also cover a child's possessions when they are at college or university. As these people are determined as temporarily living away from home they will be covered.
It is also frequently worthwhile if your house has non-standard features to mention these whilst you are in the process of finding home insurance. Features such as timber frames and thatched roofs can be considered non-standard. In addition if you live in grade listed building then a specialist home insurance policy may be required.
The above points are by no means an exhaustive list of specialist home insurance inclusions. They do however highlight the need to consider a range of factors when obtaining your insurance policy.
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