No two homes are the same, and add-ons can tailor your policy so that your home’s insurance needs suit you down to the ground. In some cases, you may want to swap the things you don’t need on your policy for the features you do need at no extra cost. The cost of repairs caused by damage to your biggest asset, filled with your precious possessions, could be life-changing without the right level of cover.
Home emergency cover
This type of cover is all about getting you out of a very sticky situation quickly and less about insuring your home, as the name may suggest. Instead, you are covered for emergency electrical, plumbing, and pest control problems. The cost of getting these highly sought-after skills to remedy these problems at short notice can be extremely expensive. So, if you live in an older house, this is ideal.
This may already be an integral part of your policy. That said, the devil is in the detail and it’s always best to check what you are and are not covered for. For example, your standard content coverage may include accidental damage to your TV but may not include damage to furniture caused by infants. So, tailor this to your family’s needs.
Personal possessions cover
If you are out of the house a lot, most of your possessions will be covered by your standard contents policy. But if you want to go a step further, a good add-on will include insuring your portable items, such as your mobile phone, laptop, watch, or handbag.
If you end up in court because someone had an accident in your home, the legal costs can run into the hundreds of thousands. You might consider this highly unlikely, but with an increasing number of people taking the opportunity to make a claim, it’s worth considering. Again, some insurers may provide this as standard.
Many insurers will cover the cost of replacing the contents of your shed. But just because your bike is stored there does not mean that it will automatically be covered. If you have a particularly nice selection of bikes, you will most likely have to insure them as add-ons.
Talk to your broker
It may feel sometimes like you are being sold something you don’t need, but add-ons should not be considered an afterthought. Rather, they are worth serious consideration. They could save you a lot of money. By talking to your broker and considering factors such as the age of your home, they can find the best policy for you.
Find the right home insurance policy by browsing our website and selecting the options that meet your home’s needs best.