Home contents insurance

 Whilst buildings insurance protects the physical and non-removable parts of your property, contents insurance protects the belongings you have within your house. Many policies allow you to insure some items individually whilst others are insured together. You might do if some of your possessions are particularly valuable to you, like fine art or antiques.
Contents insurance protects you from risks such as storms, subsidence, escaped water and rare events like explosions and earthquakes. You can also cover yourself from accidents which occur within your property. For example if someone injures themself in your house and makes a claim against you, liability insurance will cover you. If you regularly take possessions out of your home, such as laptop computers or MP3 players, you can find policies which cover you for accidental damage which occurs outside of the home.
To decide what you want to insure, it is a good idea to go through your house, room by room and write down main items that you own. Then you can decide which items are most valuable and what you would like to get covered. If it’s difficult to calculate the value of items such as fine art or antiques, most auction houses will be able to give you an insurance quote.
When you have made your contents insurance policy, be sure to keep a copy of the checklist, which says what items are insured.