4th October 2017
According to the Association of British Insurers (ABI), up to 20% of UK households are undervaluing their home and their belongings, and as many as one in five have no contents cover at all. Worryingly, you may not even realise that you’re underinsured until it comes to making a claim - when it’s too late. That means you might not get the full value of the items you’re claiming for or worse, your home could be completely destroyed by a fire and you might not be able to afford to re-build it.
Whether you need to make a claim following a burst pipe, DIY disaster or burglary; you need to be sure that your home insurance policy will cover you for all eventualities. We understand that buying home insurance is unlikely to top many people’s shopping lists and with so many ‘one-size-fits-all’ policies on the market, choosing the cheapest quote may seem like the easiest way to get the job done quickly.
It’s worth remembering that some low-cost policies offer limited cover and can also have an extremely high excess – the part you pay when you make a claim. You could also be paying for cover you don’t need for example, what good is garden cover if you don’t own a garden? Some policies just aren’t geared towards individual needs. Perhaps it’s time to check the real value of your policy today.
Does your current home insurance policy offer:
If you are in doubt about any of the questions above, it could be time to switch products.
Asda Home Insurance is a truly flexible product for customers looking for value for money cover. You can choose how much cover you need and the amount of excess you will pay in the event of a claim, to create one completely personalised policy.
A personalised policy from Asda Home Insurance may be worth considering and you can get a quick no obligation quote, either over the phone or visiting us online. We’ll hold the price of your quote for 90 days.
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