Contents Insurance - More cover than you might expect


When it comes to insurance, knowing the value of your house or car may come easier to you than knowing the value of your contents. Here are some key points about contents insurance that can help you to get the right cover…

It’s easy to underestimate the value of having Contents Insurance.  An important question to ask is what would you do if, touch wood it doesn’t happen, one day you lost all of your possessions in one go? In case of a fire or flooding, the cost of rebuilding your life can quickly add up. That’s why it pays to have the right protection in place.

You’ve probably got more stuff than you think…

It’s easy to forget to account for something. Contents Insurance covers a range of things from the food in the freezer to the utensils in your kitchen, the clothes you’re wearing and the couch you sit on to watch TV at night.

Contents insurance protects more than just your stuff...

It also covers your liability if you accidentally damage someone else’s property. For example, if your child breaks an expensive item in a shop or if they walk into the road and cause an accident.  People don’t always realise that contents insurance can be an effective way to get covered for these sorts of personal liabilities, and with some Insurance companies you can be covered up to $20 million.

To find out if you have adequate cover for your contents, talk to a Loan Market Adviser today. The time taken now to make sure that you are covered will save you more time and money in the long run.