What is a contents home insurance quote?
A contents home insurance quote provides customers with a price for their home contents insurance, which provides them with financial insurance should their homes contents be damaged or lost as a result of theft, vandalism, storm damage, fire, water damage or flooding.
A contents home insurance quote will vary in price based on the value of contents in your home, as well as the area you live in, your history of claims and the likelihood of the area you live in being struck by flooding.
How does a contents home insurance quote work?
When you look for a contents home insurance quote you will be asked where you live, your history of claims and about the contents of your home. The insurer will then work out the likelihood of your home being hit by a flood or storm, as well as the crime rate in the postcode in which they live.
They will then come up with a general price, which they will increase and decrease in value based on the type of security you have in your home. If you have a burglar alarm or a special kind of lock on your door, your contents home insurance quote should be cheaper.
You will then be asked to estimate the value of the contents of your home. This is one of the most underestimated parts of any insurance policy offered anywhere, simply because people don’t realise the value of the things they collect over a period of time.
How do I work out the value of my contents for a contents home insurance quote?
The best way to work out the value of your contents is to narrow the house down to a room at a time. Don’t forget to include the shed and garage if you have either as the contents of any outbuildings will also be included.
You need to remember to add carpets in each room to your list, as well as any furniture, electrical items and other contents of the room.
The kitchen and bedrooms are some of the most underestimated because people do not include contents of the fridge, freezer and cupboards, or all of the clothes in their wardrobes when they are adding up the values for the contents home insurance quote.