Hearing aids got me thinking

kah22

A new pair of Hearing Aids got me thinking about personal insurance

I live in the family home. It’s in my sisters name, she lives with her husband elsewhere. I pay a nominal rent plus look after the house insurance, rates, maintenance that sort of thing. The house is properly insured but I’ve run up against a problem 

When insuring this year I thought to ask about hearing aids  I had just got but was told they’d have to be insured in my own name 

The quote she gave me via ABL Abbey Bond Lewis  a local broker was £140 for £15000 of personal cover; hearing aids, computer, phone, clothes etc. Everything else is insured on the general house insurance. 

Does that seem over the top, how do I go about tracing down personal insurance at a lower price ?  As I live in Northern Ireland that might complicate the matter.

Kevin

FlorayG

Really, the buildings insurance should be in your sister's name and the contents in your name if the contents belong to you - or does all the furniture belong also to your sister? You need contents insurance for your own things either way

DullGreyGuy

kah22 said:

A new pair of Hearing Aids got me thinking about personal insurance

I live in the family home. It’s in my sisters name, she lives with her husband elsewhere. I pay a nominal rent plus look after the house insurance, rates, maintenance that sort of thing. The house is properly insured but I’ve run up against a problem 

When insuring this year I thought to ask about hearing aids  I had just got but was told they’d have to be insured in my own name 

The quote she gave me via ABL Abbey Bond Lewis  a local broker was £140 for £15000 of personal cover; hearing aids, computer, phone, clothes etc. Everything else is insured on the general house insurance. 

Does that seem over the top, how do I go about tracing down personal insurance at a lower price ?  As I live in Northern Ireland that might complicate the matter.

You would normally have Personal Possessions (aka All Risks) as an optional extension of the Contents cover for anything you take out of the home. Like the normal contents cover you need to be aware of the aggregate limit and the single item limit, the later may be the same as the contents or in addition to it. 

For us, we have £20,000 cover for PP with a single article limit of £15,000 and it adds £250 to our Home insurance price. However due to how Tenants Improvements are priced by Aviva the real price is more like £200 but TI adds a loading across the whole policy. 

It's not that bad thankfully because of the high single article limit. Did get a quote from NFU once who have a £1,500 limit so have to declare jewellery, watches, handbags, laptops etc over that all in even though would never go out with everything at the same time and they quoted about £2,000 just for the PP cover. 

kah22

DullGreyGuy said:

kah22 said:

A new pair of Hearing Aids got me thinking about personal insurance

I live in the family home. It’s in my sisters name, she lives with her husband elsewhere. I pay a nominal rent plus look after the house insurance, rates, maintenance that sort of thing. The house is properly insured but I’ve run up against a problem 

When insuring this year I thought to ask about hearing aids  I had just got but was told they’d have to be insured in my own name 

The quote she gave me via ABL Abbey Bond Lewis  a local broker was £140 for £15000 of personal cover; hearing aids, computer, phone, clothes etc. Everything else is insured on the general house insurance. 

Does that seem over the top, how do I go about tracing down personal insurance at a lower price ?  As I live in Northern Ireland that might complicate the matter.

. Did get a quote from NFU once who have a £1,500 limit so have to declare jewellery, watches, handbags, laptops etc over that all in even though would never go out with everything at the same time and they quoted about £2,000 just for the PP cover. 

Was that just a simple over the counter quote for personal belongings ?

DullGreyGuy

kah22 said:

DullGreyGuy said:

kah22 said:

A new pair of Hearing Aids got me thinking about personal insurance

I live in the family home. It’s in my sisters name, she lives with her husband elsewhere. I pay a nominal rent plus look after the house insurance, rates, maintenance that sort of thing. The house is properly insured but I’ve run up against a problem 

When insuring this year I thought to ask about hearing aids  I had just got but was told they’d have to be insured in my own name 

The quote she gave me via ABL Abbey Bond Lewis  a local broker was £140 for £15000 of personal cover; hearing aids, computer, phone, clothes etc. Everything else is insured on the general house insurance. 

Does that seem over the top, how do I go about tracing down personal insurance at a lower price ?  As I live in Northern Ireland that might complicate the matter.

. Did get a quote from NFU once who have a £1,500 limit so have to declare jewellery, watches, handbags, laptops etc over that all in even though would never go out with everything at the same time and they quoted about £2,000 just for the PP cover. 

Was that just a simple over the counter quote for personal belongings ?

I did a simple quote over the phone quote with NFU for Contents inc PP. They quoted almost £3,000, I already knew the ballpark but asked if they could say how much the quote would be without PP and they said c£800 

The problem with them is rather than £20,000 of PP cover we had something like £5,000 of unspecified items and about £50,000 of items over £1,500 that are taken out the house at times but we have to declare all of them despite the fact we arent ever going to take all 8 luxury handbags or all of them plus both our MacBooks plus my cameras etc.