What is an online contents insurance policy?

An online contents insurance policy provides customers in the UK with insurance for the contents of their home, and is one of the most important forms of insurance you can take out. The contents of your home can really add up in value, and an online contents insurance policy is one of the most underestimated types of insurance sold anywhere in the world.

An online contents insurance policy forms part of a house insurance policy, which can also include buildings cover, boiler cover, multiple birth insurance, appliances warranties and even inheritance tax insurance.

Not every customer needs every aspect of a full house insurance policy, but nearly every customer does need an online contents insurance policy. Customers who own their own house will be responsible for both the structure of their home, covered by buildings cover, and the contents of their home, which is covered by their online contents insurance policy. Those who rent their home do not need the buildings cover element of a house insurance policy, because the landlord is responsible for insuring the structure of the house, but will still need an online contents insurance policy. Landlords will generally just need buildings cover, to protect the structure of the home, and a small level of online contents insurance, which will cover the carpets and few bits of furniture a landlord owns in the home.

What does an online contents insurance policy cover me against?

Your online contents insurance policy covers everything in your home against theft, should someone break in through locked doors and windows, fire, should anything be damaged by fire, water damage cause by internal pipes bursting or the bath flooding. Your online contents insurance policy also covers you against vandalism, like the vandalism seen during the summers riots in the UK, and will cover against flooding and storm damage caused by extreme weather.

What in my home does an online contents insurance policy cover?

Your online contents insurance policy will cover all of the contents of your home, including furniture, furnishings, carpet, electrical items, the contents of your fridge and freezer, your fridge and freezer, all of your shoes, clothes, DVDs and everything else in your home. We advise adding up the value of everything a room at a time so you don’t underestimate your level of cover and come to regret it later.

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