In a more concrete sense, homes are also our most valuable commodity: undoubtedly, they’re the biggest financial commitment that most of us will ever make. So, with this in mind, you’d think that we’d all naturally seek to protect this most valuable of assets. After all, the statistics speak for themselves: one in three of us in the UK will get burgled at some point in our lives. That’s a scary thought. And then there’s fire, storm and flood damage to think about, occurrences that affect not just the goods in our homes, but the fabric of the building itself. And, if you’re not insured, the consequences of any of these occurrences can be truly financially devastating.
Yet only a quarter of UK households are protected by any form of home insurance. So why do we take the risk? Surely we all know that it’s always better to be safe than sorry?
Perhaps with so many demands on our time, we simply don’t get round to getting our homes properly covered. After all, the thought of making all those phone calls in order to check and compare prices, well, maybe it’s not surprising that many of us just keep putting it off. Then there are all those different policies to think about, for though it is true that there are only just two main types of home insurance, one that covers the contents in your home, the other that covers the building itself, there are different levels of protection offered within each.
Contents insurance gives protection to anything that is not a fixed part of your home - electronic goods, furniture, clothing, even your prized CD collection. The cheapest of these is indemnity insurance, which will replace your three-year-old sofa with the equivalent. There’s also the more expensive ‘new for old’ cover, that will replace your old damaged sofa with a brand new one. A policy can also cover items that you carry around with you when you’re not at home, such as a mobile phone.
The second main type of insurance is the all-important building insurance. All mortgage providers insist you have this type of cover, so that lenders aren’t left without security for their loans in the event of a disaster, such as a fire that guts your home, or a storm that literally blows your roof off. With this type of insurance you should ideally have a policy that covers the cost of substantially rebuilding your home.
Under this second type of insurance, there are also policies that can provide you with alternative accommodation if your home is uninhabitable. And as well as the structure of your house, building insurance also covers permanent fixtures and fittings such as baths and fitted kitchens. But some policies only cover the market value of your home, and not the cost of complete rebuilding.
So, with so much to think about, where do you turn to for the best available quote for exactly the cover you’re after?
This is where the simplicity and convenience of home insurance comparison sites come in. We all want to know that we’re getting the right kind of protection for our needs, one that offers us not only the peace of mind we’re looking for, but at the right price for our budgets, too. And what could be easier than to simply go to a one-stop-shop, and, at the convenience of the click of a mouse, get the best deal for your money? By simply typing in a few details you can get a quote for the policy that’s right for you, at the right kind of price, in just a few minutes.
Just think, an end to all those phone calls - and an end to pressing all those buttons that takes you from one automated recording to another. With a price comparison site you can save time and money. It’s really that simple.
Source http://www.thisisthewestcountry.co.uk/
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