#contents insurance comparison
Compare Home Contents Insurance Quotes and Make Sure You’re Getting a Good Deal
If you currently rent your home then you need to take out home contents insurance to protect your personal belongings your landlord only insures the building, which means your possessions are unprotected unless you take out insurance coverage for them yourself.
Also, should your rented home be damaged by an accident or vandalism it may require extensive repairs leaving you, in the meantime homeless. Home contents insurance will ensure that your additional living expenses will be catered for in this event paying for hotel bills and meals out, or for other temporary accommodations until you can return home.
Home contents insurance will generally cover your belongings from damage as a result of fire, smoke, vandalism, theft, storms, as well as a number of other eventualities. However floods and earthquakes are not normally included, and, if you happen to live in an area known to be prone to these types of disasters, you may need to take out supplemental coverage.
Before Searching for Quotes, Estimate Your Needs
Before you start obtaining home contents insurance quotes there are a few things you will need to know. First, make a thorough inventory of all the items in your home, big and small you need to have enough insurance coverage should the entire contents of your home be lost. You then need to decide whether you want a Replacement Cost policy, i.e. it covers the actual cost of buying your items new, or an Actual Cash Value policy which will only pay you for the actual market value of your stuff minus depreciation. Also, work out how much you can afford as a deductible the higher the deductible is, the lower your insurance rates will be.
Get Quotes Online and Compare Policies
Armed with this information you can get any number of home contents policy quotes from a wide range of providers in general, those who offer home owner insurance coverage will also provide renters insurance. Aim to obtain at least three quotes to compare, via the Internet or phone, and make sure the insurance companies have a good reputation and are financially stable.