Our handy guide answers any questions you may have about personal possessions insurance cover away from home. Usually an add-on to your Home Insurance Contents cover , 'Cover away from your home' can protect your much-loved items against loss or damage when they are outside of your home.
The policy extra is usually split into two sections - Personal Possessions and Specified Items. Personal Possessions provides cover for portable items that you normally wear, use, or carry with you when you leave the home.
When choosing this you are asked how much cover you need. You should choose an amount to cover the total cost of all the items you would take with you at any one time. These are known as Specified Items. Any items you specify here do not need to be included in the Personal Possessions sum insured. Be sure to read your policy documents and make a note of any excesses which may apply if you did need to make a claim. If you want to cover riding your bicycle out and about, add our pedal cycle bicycle insurance cover.
This cover is for bikes only and is separate from personal possessions insurance. Protecting customers with insurance since Updates: Coronavirus help and support and changes to our business products. Home insurance. Start a quote Retrieve my quote.
Insurance for belongings in and out of your home is also known as personal possessions insurance. What is personal possessions insurance? What does personal possessions cover?
Click on the provider name for in-depth reviews and scores. Members can log in to see the results of our analysis. If you're not already a member, join Which? There are three main types of contents insurance policy: bedroom-rated, sum-insured and unlimited sum-insured. A bedroom-rated policy uses the number of bedrooms in your home to calculate the amount of contents cover you get. Find out more: read our reviews of home insurance providers.
Since the payouts on new-for-old policies tend to be higher, they can be more expensive than indemnity policies. Be as accurate as possible when valuing your contents. If you, like many people, have had to set up a new office in your home since the start of the coronavirus pandemic, this could have implications for your contents insurance.
Clerical, computer-based work should be covered by your current policy, so there's no need to notify your insurer that you're working from home. If you've taken expensive equipment home from your workplace, that should be covered by your employer's business insurance, so again there's no need to tell your insurer.
However, if you've bought new equipment or furniture yourself, you may have to increase your contents cover limit to account for it. You can do this by contacting your insurer online or over the phone. You'll need to check with your insurer if your work isn't computer-based, if you receive visitors to your home for work purposes, or keep stock at home.
Before you start looking for contents insurance quotes you need to work out the value of your belongings. Our contents insurance calculator will help you work out the total cost of your possessions. There are a number of exclusions that are likely to apply to your contents insurance policy. These include but are not limited to:. There is usually a limit on the amount of cover for high-value items such as jewellery or audio-visual equipment. Ordinarily, if you run a business from your home, any business-related equipment will not be covered by your contents policy.
The cost of replacing an entire set of furniture or units is unlikely to be covered by your contents insurance if only part of the set is damaged. Most insurers will cover your home on the condition that it will not be left unattended for more than 30 consecutive days.
You will need to get standalone contents insurance if you want to cover your own personal possessions, though. If you decide to insure the entire flat or home-share, bear in mind that being the named person on a policy can bring unintended consequences.
Your claims record can follow you for up to five years, so even if you move out and change home insurance provider you may still have to declare the incident, which will drive up your premium. Where there is no sign of forced entry into your room, your claim may be rejected. Belongings in communal areas are also unlikely to be covered unless there is a sign of forced entry into your home.
Find out more: home insurance: add-ons, fees and charges. An alternative way for students to get cover is by extending their parents' home insurance policy. This comes at an additional cost and can be done by adding an 'all risks' or 'unspecified personal possessions' section to the main policy. Belongings stored inside outbuildings, which include sheds, garages, greenhouses and summer houses, are normally covered for theft.
However, most home insurance providers will only pay up to a certain amount for these items and the limit can vary dramatically. Bikes are not always automatically covered on your home contents policy and the ones that do offer varying degrees of protection. Specialist bike insurance is also available.
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