The truth about burglaries
Many us tend to forget the outside world when we are inside our home, we feel safe there. With the doors locked and a few other measures taken, we feel invulnerable. Perhaps we just feel like we don’t own anything anyone else would consider worth taking, but we are wrong.
Here in the UK, one in every three of us will fall victim to burglary at some point in our lifetime. One in three – do you really want to take the risk of being uninsured when that happens?
The average family’s worth
The average British family is worth £45,000 in home contents alone. For many of us, that is more than a year’s wages, maybe even two. Therefore, wouldn’t it be prudent to invest in a home contents insurance policy? If your possessions were stolen, your home burned down or there were some other unforeseen tragic event, you would never recover.
What to look for in my home insurance policy
Your cover should always be based on what it would cost to completely rebuild your home and/or replace all of your possessions. By shopping around you can find differences of over £60 a year; that amounts to some £1,500 in savings over a 25-year mortgage. By avoiding building and tie-in deals, you can easily achieve a saving of up to £150 per year. That’s £3,750 saved over a 25-year term. Put that into a pension fund and you’re looking at a gain of £10,000. Take a little time to obtain a home insurance quote that covers exactly what you need and no more.