Have You Got Enough Home Contents Insurance Cover?

Your collection of modern antiques, signed books or perhaps your early edition games consoles, such as the Atari, could be worth hundreds of pounds. Are they though? And does your home insurance cover them? We take a look.

Have you got a collection of vintage ladybird books for example, perhaps passed to you by your parents or grandparents? Did you know that some of these can fetch 10+ each, even on eBay? What about the old Sinclair ZX81 in the loft or even an original Etch-A-Sketch? A good Sinclair ZX80 could sell for hundreds of pounds.

Collecting various items is becoming more popular. Be it modern antiques, "Kitchenalia" or even a burgeoning wine collection, the values of these collection can soon add up and when added to the value of more standard home contents, could actually take the value of your contents over your existing threshold.

So maybe now is the time to look more carefully at the contents of your home, including any specialist collections, to ensure that you are adequately insured.

If the value of your specialist items is quite high then they may fall out of the standard insurance policies available from the more prominent insurance companies and comparison web sites. In this case you may need to consider taking out a high net worth or specialist insurance policy.

In situations like this, discussing your requirements with an insurance broker may be you best option. They will work hard to understand what insurance you need to fully cover the value of your contents and will then actively discuss your needs with the various insurance companies. With a human, rather than just technology, working for you, you might be surprised how good a deal an insurance broker can get for you.

Another advantage of using an insurance broker is that they could look at all your insurance requirements – car, travel, pet, health – and then negotiate a package deal that may be better than you could get from having separate policies for each aspect of insurance. A broker could actually save you money on your total insurance costs.

If you are looking for high net worth insurance then click here for insurance advice.