It is no surprise that this happens. We have telephoned or browsed online to renew our policy. The home contents insurance. One done, you can sit back and feel you are covered properly. We then receive the policy booklet from our insurance company a couple of days later. We put it in a drawer or cupboard and it is left to gather dust.
Until such time that we have to make a claim. You only look at the policy details on this occasion. We speak to the nice lady on the end of the telephone and make our claim. We then receive a phone call or letter a couple of days later stating that our claim is not covered.
This is why it pays to read your home contents insurance policy booklet from cover to cover, as soon as you get it. The policy needs to cover what you need it to cover – sounds simple, but worth doing at the very beginning. All policies are different, depending on which insurance company you are with, and so it definitely pays to check what you are covered for before you ever have to make a claim.
It could be that you need to add additional sections to your existing policy to get the home contents insurance that is right for you. There are differences between companies that cover things that are not in your home on the home contents insurance policy.
Reading your policy booklet once you receive it will help you to establish what you can and cannot claim for. There will always be cases where you are not covered, for whatever reason, and sometimes you will not be able to claim. There are the oft-used exclusions of terrorism, war, Acts of God and other disasters that can be used to avoid a payout to a loyal customer.
The easiest way to identify which incidents are not covered is to read the exclusions that are noted within the policy booklet. Damage to belongings is not always covered in cases of accidental damage. Your home contents insurance policy.You might need to put this in as well.
It really does pay to be in the know when it comes to home contents insurance. You basically need to ensure that you are covered in this situation so that you can’t be held holding the baby as a result. Taking ten minutes to read through the policy booklet will prevent a lot of stress in the event of having to make a claim. It also ensures that you have been given the right home contents insurance for your needs from the very beginning.