A good tip for the coming new year -
Make sure the value of your Contents Insurance is up to date. Page 2
So a good tip for 2006 - make sure the value of cover
on your Contents Insurance is fully up to date. Write down each and every item of value and estimate what it ( medical insurance ) would cost you to replace everything, new, at today's prices. Walk from room to room, even garage and the shed (and remember the loft/roof area) and take notes.
And don't forget your food, clothes and soft furnishings. A thief may not be too bothered with them but if you house caught fire, or you have a flood, everything is at ( life assurance ) risk and these items alone could easily add up to £3,000.
Wherever possible remember to keep receipts for the more expensive ( car insurance cover ) items as this will aid identification and very much speed the insurance claim process. And where it's difficult to establish the correct value of an item, for example with antiques, get an expert valuation. It's a bit of a hassle and there'll be a valuation fee to pay, but you need to be as accurate as possible ( mortgages ) especially with valuable items that you'll need to list separately on your policy.
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