Home insurance – What’s covered?
When taking out home insurance, it is always a good idea to check what you will be covered for. The main things that will be covered are theft and damage. If anyone breaks into your home and takes any items, you will be covered. If items are taken outside of your home, such as your car or an item from inside your car, then you will be covered.
Home insurance also usually covers you for damage caused by floods, earthquakes, fires and storms. You will even be covered for any damage caused by vehicles or airplanes crashing into your home. Any leakages or accidental breakages will also be covered. If you or a family member accidentally break an item or any malicious damage is caused by someone breaking into your home, then home insurance will cover it.
There may be cases where you are unable to claim home insurance. If you have caused damage to your home or any items intentionally, then you will usually not be covered. Researching and comparing different policies will give you a general idea of what you will and will not be covered for.
If you are a tenant, then you can have all your personal items protected by taking out contents insurance. Whilst contents insurance is optional for some people, many estate agents are now making it compulsory for tenants renting from them to have such a policy. This is due to the fact that any personal items taken into a rented home are not the responsibility of the landlord so it is vital that tenants have contents insurance to ensure that their own items, such as TVs, jewellery or clothes, are protected.