Sometimes people have valuable items that are not covered by their standard household policies, yet they are not of high enough value enough to necessitate a High Net Worth policy. Studies in the last few years have shown that there many people categorised as a Mid Net Household who are underinsured with a standard household policy.
When arranging household insurance, many people combine all of their contents but forget to check if they are all in fact covered. If you have any of the below items, a standard household policy may not cover them:
- Home Office
- Vinyl Collections
- Limited Edition Art
- Kids’ Play Room
- High end music system
- Under floor heating
- Wine fridge
- AGA or Rangemaster
- High amount of valuable items such as jewellery when compared to the value of your general contents such as furniture.
If you would like to talk to a member of our team about your current household policy and the items you are unsure of then please contact us. We will happily take a look at any gaps in your current insurance and advise on how to get the best level of cover. We offer a personal service and will provide you with a no-obligation quotation.