If you’ve ever been unfortunate enough to be robbed, or lose your home and possessions to a fire, then you know how terrible it can be. Even more so, the next day, when you find out that these items were not insured, and you have no option but to buy everything again or totally rebuild from scratch.
This is why Home & Contents Insurance is a critical type of insurance and both homeowners and renters can benefit.
You can choose either contents insurance, home insurance (Building) or a combined policy of both elements.
The UAE Money Experts have the experience and the expertise to help you insure your home and contents while aiming to save you money.
For a comparison quote via an Insurance Expert or for further information, please complete the below form and someone will contact you shortly.
What is contents insurance?
It’s quite simply, the things you would take, if you were to move home. For example furniture, electricals, clothes, money etc (This is very popular product in the UAE for Renters)
Contents insurance should cover your homely possessions against:
- Fire damage
- Theft or attempted theft
- Lightening or Earthquake
- Water leakage, storm or flood damage
How much contents insurance do I need?
The best way to start is to go through each room and take an inventory. All your possessions will probably add up to more than you think.
Don’t forget about, engagement rings, attic storage and garden furniture.
If you want to be extra vigilant, take photos and keep receipts in a separate place ie workplace or friends. If certain items are of high value it may be worth informing the insurance company of these.
What is Home or Building Insurance?
It covers the bricks and mortar your nearest and dearest call home. If your building requires repairs or even rebuilding, off the back of an accident and you have the adequate insurance, it should be covered.