Contents Insurance

[hope19]

I pay £168 per year,basic policy,no accidental damage etc .am I paying to much.

[redcrx]

if you live in a place like this http://www.abc.net.au...3/r346606_1583090.jpg yes I'd say you are

here http://irelandposters...lin_mansion_house.jpg probably a bargain

[carrot99]

I've never bothered with it. Fortunately, I've never been burgled or accidently damaged anything.

Do you really need it - have you ever needed to claim?

[treetops1]

Is this just contents. I was being overcharged by TSB. £112.00 per year. Now £68 with Rias.

[redman41]

I pay £68.64 per annum to Axia for house contents Insurance on a £12,000 valuation.
The amount you pay will be based on the value of your possessions and personal things.
What is the max value of your claim ?

[woozer]

Hmm - how long is a piece of string ?

[4getmenot]

twice as long as it is from middle to end woozer. I pay £12.00 a month.

[factor-fiction]

£12000 valuation seems low for contents. When you add up all carpets, furniture, equipment, washers, microwave, crockery, jewellery, clothers, CDs, laptops etc most households need at least £30000 of cover.
If your cover is for £15000 say and your contents are worth £30000 then the insurer is entitled to pay only 50% of any claim. Even if you claim for only £1000 they will only pay £500

[BertiWooster]

It all depends on things like the following -

- Your claims history
- Your Postcode
- Whats included in your cover - e.g extended accidental damage , cover for personal possesions away from home , cover for individual item over a certain value etc etc

Without knowing these details , it's impossible to say if it is likely your'e paying too much

[Buenchico]

You've not stated, Hope19, where you're living. The same policy in, say, certain areas of Liverpool or South London can cost as much as 4 or 5 times what it does in some other areas of the country.

However, as others have indirectly indicated, a visit to one (or preferably several) of the price comparison websites might well see you finding a lower premium.

Chris

[trt]

I am with Rias to at £58 a year with £50,000 valuation but I haven't got that much.

[buildersmate]

Presumably you've got £50ks worth, or you're wasting money.