Home Insurance - Contents Calculator
It’s vital to avoid under insuring the contents of your home. Most policies will ask you to define a ‘sum insured’ – this will be the maximum your insurer will pay out in the event of a claim. Under insuring can have drastic consequences because if, for example, the value of the contents of your home is £40,000 and you insure for £20,000 then you will effectively halve the value of your contents. So if you needed a new carpet valued at £1,000, your insurer would only pay £500. Be sure to calculate the correct amounts for all of the contents.
The best way to do this is to create a checklist of absolutely everything you have in and around your home. Be sure to include things you have made as well as anything that has been given to you because these things will need to be replaced too.
To make calculating the contents sum insured for your home insurance as easy as possible.
We have created this home contents calculator.
Complete the form and you will be told your contents insurance figure (Sum assured).
You will also receive the information in an email to keep for future reference.
Basic Details
Let us know where to send the report: