UK Home Insurance Articles CompareTheMarket Home Insurance Comparison
search advanced search

Home >> Home Insurance Articles

Are Your Home Contents Valued Correctly?

Article by Simon Christopher
Article added: 17/6/2008 - Last updated: -
Rating: 3.66 3.66 (3 votes)

One of the biggest mistakes that people make with their home insurance is making a wild guesstimate about the value of their house contents and personal possessions. What’s more, many people, having gone to the trouble of valuing all of their belongings once, simply forget or don’t bother to review the value of their possessions again at renewal time.

Even if your home contents don’t change from one year to the next, the cost of replacing them can increase substantially. This is particularly true in a time of rising inflation as we are experiencing now.

Here are some tips to help ensure you’re fully covered and what to check for:

  1. Start by reviewing your home contents cover.
    You’ll want to pay special attention to the total amount of cover, but there are other things that are important to check as well. Most home insurance policies set a single item claim limit – the most you can get back for any single item in your home. If your home is broken into and your big screen television walks out the door, is the single item limit enough to cover it?
  2. Take stock of your belongings.
    A home inventory is one of the most important ways that you have to protect your belongings in case of theft or other loss. It only takes a few hours to go through your home and photograph the items in each room so that you’ll have a record of them in case you ever have to make a claim. You can find an excellent interactive contents calculator at
  3. Check your policy for exclusions.
    Most home contents policies exclude coverage for specific items, or limit the amount that they’ll pay out. Home electronics, theater equipment and computer equipment are items that could be left out of the cover’s terms, or limited in the amount that the insurer will pay. If you’ve got a laptop, a mobile phone, a plasma television and a game system or two, you could be out of pocket by a few thousand pounds if someone breaks in. Find out what’s excluded on your policy so that you can make sure you’ll be adequately compensated.
  4. Consider the outdoors as well as the indoors.
    When you’re making a home contents inventory, don’t forget your garden and patio equipment. Most policies include some garden cover, but is it enough to replace your prize roses, your deck furniture and your gas grill? If not, consider increasing the coverage for your garden equipment.
  5. If you have a home office, be sure that it’s covered.
    If you’re one of the growing number of people who work from home, it may surprise you to find out that your home contents insurance may not cover you fully for losses to your business equipment. Check with your insurer if you have a home business or have office equipment at home to be sure that you don’t need additional cover for work-related losses.

PLEASE NOTE: The guidance published in this article is for information only and does not constitute financial advice or a recommendation of any particular home insurance policy or company. If you are in any doubt please consult an independent insurance adviser. A database of advisers in your area is available at

Copyright UK Insurance Index All rights reserved.

comments about this home insurance article

Comments About this Article:

 Add a Comment

share this home insurance article

Share this Article:

rate this home insurance article

Rate this Article:

Please rate this article between 0 and 5
with 5 being top.
All ratings received for this article.

all categories ALL CATEGORIES
A-Z Categories

popular categories POPULAR CATEGORIES
Car Insurance
Home Insurance
Life Cover
Mobile Phone Cover
Pet Insurance
Travel Insurance

directory categories DIRECTORY CATEGORIES
Home & Property
Insurance Brokers
Life & Protection
Non UK Insurers
Pet & Animal
Personal Possessions
Specialist Cover

review categories REVIEW CATEGORIES
Car & Motor
Insurance Companies
Life Cover
Pet & Animal

article categories ARTICLE CATEGORIES
Car & Motor
Home & Property
Insurance Awards
Insurance Guides
Life Cover
Pet & Animal

news categories NEWS CATEGORIES
Business News
Car and Motor News
General News
Health News
Home & Property News
Life Cover News
Pet and Animal News
Travel News

Churchill Home Insurance
Churchill Home Insurance
Award winning home insurance company with comprehensive features and price guarantee.

Gocompare home insurance price comparison
Gocompare helps you to compare quotes from more than 65 home insurers in minutes with just one form.

latest listings LATEST LISTINGS
UKinsuranceNet Home Insurance
Age Co Home Insurance
Protect Your Bubble Home Insurance - 25 cash back*
Policy Expert Home Insurance Comparison
Staysure Home Insurance

latest reviews LATEST REVIEWS
Domestic and General Washing Machine Cover
Key Connect Home Insurance
Warranty Shop Home Appliance Cover
RIAS Contents Cover
Homeserve Boiler Cover

latest articles LATEST ARTICLES
Home insurance complaints what you can learn from others misfortune
What happens when an insurer won't pay your home insurance claim
Home contents insurance - limit your risk with the right cover limit
Are you a victim of the home insurance postcode lottery?
Will a flood leave your home insurance high and dry?

Home | Privacy & Cookies | Terms of Use | Contact |

Page protected, do not copy

This website uses cookies to ensure a reliable browsing experience. If you continue to use this website you are consenting to us using cookies in this way. To find out what cookies are, which ones we use and why we use them please click here.

Copyright © 2019 UK Insurance Index. All rights reserved.
All directory listings, articles and reviews are provided as information only and do not constitute advice or a recommendation of any product or provider. If you use these insurers, we take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy of these third-party web sites or companies. If you have any doubts you should consult an authorised independent financial adviser for advice based upon your individual needs and circumstances. A database of advisers in your area is available at