Avoiding being under-insured
It’s tempting to lower your insurance premium by underestimating the value of your belongings, but don’t.
The average home has contents worth some £35,000 – more than the average UK salary of £27,000. That sounds like a lot but it’s easy to forget items like carpets, curtains, light fittings, bedlinen and towels. Not to mention things like your kitchen equipment, books, DVDs and clothing. But these all add up. Just think about how much it would cost to replace every item you own.