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First time rental insurance + a 3 month trip abroad. Is my quote expensive?

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First time rental insurance + a 3 month trip abroad. Is my quote expensive?

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LadyCoconut78LadyCoconut78 Forumite
4 posts
First Post
MoneySaving Newbie
First time rental insurance  - but have a complication of a 3 month trip abroad. 

TBH I don't have anything ridiculously valuable but I'm thinking its prudent to get some contents insurance in my flat that I rent.  In my mind it's to cover me for about 10K or 20K should the worst happen like the house burning down and I need to start all over. The issue I have is that I plan on spending 3 months abroad from March next year and this is causing me some issues. I've received one quote thus far (1 bedroom, terraced house, contents insurance)  for £220 a year.  As I'm pretty clueless -- is this considered expensive? 

Replies

  • rs65rs65 Forumite
    5.6K posts
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
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    Put your details through a comparison site and you'll find out if its competitive or not.

    Make sure whatever insurer you choose is happy with 90 day unoccupancy 
  • LadyCoconut78LadyCoconut78 Forumite
    4 posts
    First Post
    MoneySaving Newbie
    rs65 said:
    Put your details through a comparison site and you'll find out if its competitive or not.

    Make sure whatever insurer you choose is happy with 90 day unoccupancy 
    Yeah I started the comparison site stuff but TBH as I'm clueless then I wasn't sure what exactly is something that could affect my policy or not. The 90 days away is definitely an issue.  Thank you though. 
  • SandtreeSandtree Forumite
    1.3K posts
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    Make sure you get quotes for "Contents Insurance"... there is no need for specialist "renters" insurance which really is trying to create a false niche market and charge accordingly.

    To put your quote in context, our home insurance for all the items in our home (and only in our home) is £130 for £150,000 of cover of which £50,000 is jewelry and watches based on central london with unoccupied up to 90 days covered. If you want insurance for items outside of your home or have bikes etc that can more than double the premium. 

    Ultimately shop around as rs65 recommends 
  • LadyCoconut78LadyCoconut78 Forumite
    4 posts
    First Post
    MoneySaving Newbie
    Thank you that's awesome. I was thinking that it's a little bit steep. Yeah its contents insurance that I requested but I do rent the property.  There is nothing I want insured outside of the house and I certainly don't have any valuable jewellery. Thank you for the feedback. 
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