So you’re living the life in your dream home? Congratulations! But are you covered by insurance in the event that something bad happens, either to your house or its contents? You really should be. Here’s why…
Being an adult is hard and expensive work. Not only do you have to worry about juggling a social life and a career, but it also involves having to fork over a large chunk of your hard-earned cash to The Man. While most people make sure that their lives or salaries are covered in the event that something goes wrong, many neglect to make sure that their assets are covered as well. We’re talking about home insurance.
Inside out
The idea of insurance is easy enough, but it’s complex in that it refers to many different types of cover. From life insurance to pet insurance, and even handbag insurance, it can all get a bit confusing. Some of the most necessary varieties of insurance policies are ones pertaining to your place of residence, because, if you’re a home- owner, this is most likely your biggest and most important asset. Even if you are simply renting, your worldly possessions are inside those four walls and should be covered in case something happens to them, so you are not left out of pocket.
Take cover
In terms of monthly expenses, housing insurance isn’t going to break the bank, and there are enough options to suit any and all lifestyles, from young professionals to families to pensioners. How much you pay towards your monthly insurance premium isn’t dependent on your earnings, but rather on the overall value of the contents being insured, as well as factors including the security systems you have in place and the safety of your neighbourhood you live in. These days there are websites that compare packages and rates so that you can find the best cover to suit your needs without having to do all the legwork yourself. But whatever you do, make sure that you aren’t caught without it. To paraphrase the old adage, your home is your castle, and it’s up to you to make sure that it, and its contents, are covered, no matter what happens. It’s for your own good.
For more, page through your latest issue of Livingspace.
