Even little hobbies can start out costly and if you do buy equipment for your new pastime, then you should think about how this affects the value of your home contents. For example, if you decide to become the next David Bailey and invest in a new camera, flash, tripod and lenses, the cost can sky rocket and leave you seriously out of pocket if stolen or damaged. Similarly, new sports can be pricey, especially winter ones such as skiing or snowboarding where you might choose to buy your own boots, board or skis; even suitable clothing can be expensive. It might also be worth covering your equipment outside the home with personal possession insurance, but it’s worth noting that it’s unlikely to cover any damage caused while it’s being used.
Many home contents policies come with a single item limit typically around £1,500. So, if you’ve invested in expensive equipment then you might have to insure those items individually if they’re more than your policy’s limit.
Even modest hobbies such as painting or gardening come with a price tag. Specialist paintbrushes, canvas, paints and gardening equipment can all add up and the last thing you want is for something to happen to your tools and not be able to replace them.