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Esure home contents.

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To good to be true? just got a quote for contents insurance and accidental damage upto £8000, 3 bed rented semi detached house without an alarm. anyone ever had any experience with them?

Your premium is
£73.97

Inclusive of Insurance Premium Tax
Pay monthly
£6.74



Comments

  • dogbot
    dogbot Posts: 1,062 Forumite
    £8,000? I would say that that is massively underinsuring the likely contents of a 3 bed semi, even rented.
  • dogbot wrote: »
    £8,000? I would say that that is massively underinsuring the likely contents of a 3 bed semi, even rented.

    Really?
    the only thing we are worried about are
    Laptop £500
    pc £400
    Plasma tv £600
    carpets and flooring all threw the house cost us only 1500
    Kids stuff E.g mobiles £300
    Leather sofa £700
    all the rest im not bothered about :confused: never had home contents insurance before so any tips would be helpful.
  • Astaroth
    Astaroth Posts: 5,444 Forumite
    Doesnt matter "what you are worried about" but what the total content comes to. If you insure for £8,000 and it turns out your contents is worth £24,000 then you would only get 1/3 of any claim you made because you only insured the content for a 1/3rd of its value.

    There are plenty of online calculators you can use to work out the total value when you add your clothes, pots and pans, microwave, toasters, shoes, boots, books, DVDs, CDs etc etc
    All posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
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  • dogbot
    dogbot Posts: 1,062 Forumite
    As astaroth says, you need to insure all your contents, not just some. Otherwise come claim time you could just pick and choose what you happened to have insured!

    If you are under insrued then "average" will apply, again as described above. There is another thread on here about someone who is going though a claim and has been asked to submit a list of items to value their posessions that also covers it. http://forums.moneysavingexpert.com/showthread.html?t=2085465

    Everything must be insured for new replacement value with an equivolent specification item at todays prices (except clothes and linens which will be subject to a deduction for wear and tear).

    As the house is rented, is it furnished or unfurnished? Your tenancy might make you responsible for insuring some contents. With good contents cover you should also find tenants liability cover and some cover for landlords fixtures and fittings.
  • Seriously if i went around and added up the value of out contents in this place i doubt it would be much more than £8000, nearly all our furniture is from charity shops, washing machine dryer and fridge are about 4 years old, most of our cloths are second hand or kids clothes off ebay, curtains given to us off family members, i was actualy considering insuring for about £5000 :D but decided to go with £8000 to be on the safe side. o and its a council unfurnished house.
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi vinny,

    Some things are insured on a "new for old" basis.
    I'm not totally sure what is and what isn't so I'm not going to give you false info, but I think you need to check whether you should be supplying NEW values.

    If your house was burnt down, I don't think the insurers would furnish you with goods from ebay, freecycle or charity shops. That's not how they work.
  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It does not matter if they are from charity shops, you have to insure the ENTIRE contents for the cost to replace it with brand new items.

    With a sum insured of £8000 you are seriously under insured and if you do not increase the sum insured to a more suitable amount you will find the insurers will deduct a large percentage from any claim you make irrespective of value
  • pie81
    pie81 Posts: 530 Forumite
    Agree with the above - you need to add up what it would cost you to replace everything in the house, including stuff you don't care about, and stuff you got for free/cheap but would not necessarily be free/cheap to replace. Imagine if there was a fire and you lost everything, how much would it cost you to buy the equivalent of what you have. That's the sum you need to insure.

    As regards esure, I have used them for a few years, had to claim a lot of £ off them last year when the upstairs flat's washing machine leaked into our bedroom and wrecked the carpets, bedlinen etc. They were pretty good - they deducted a bit off what they would pay for replacement carpets, in addition to the excess (I forget why) but they paid most of it, and without much fuss.
  • Quote
    Quote Posts: 8,042 Forumite
    The premium doesn't sound like the greatest deal ever. But well done.
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