Home is Where the Heart is: Insuring Against Life’s Little Mishaps

For many people, a house and a home are two quite distinct things. A house is the physical bricks and mortar that have gone into the building, whereas a home symbolises the time, money and effort that has gone into making the place their own. Indeed, it probably goes without saying that most people take a great deal of pride in their home because in many ways, it is a reflection on themselves.

However, on a more practical level, buying a home is also an investment for the future and is a far more prudent option than renting a property which, in effect, really just creates ‘dead’ money as there is nothing to show for it at the end. And, it’s for a combination of these reasons that most people choose to insure their home against any of life’s ‘little’ mishaps.

The floods that swept many parts of the UK throughout 2007 and 2008 are testament to the often unpredictable forces Mother Nature can exert on unsuspecting communities, with thousands of homes being destroyed in the blinking of an eye. And, whilst having the necessary insurance in place won’t be able to compensate for the years of toil and graft that have gone into making a house a home, it will at least provide the basic building blocks that someone needs to get their lives back on track again.

But, even though extreme weather events do seem to be on the increase throughout the world, recent research has shown that more than a third of all homes in the UK still remain uninsured, which is quite a sizeable percentage given that such a high proportion of property is considered to be at risk to flooding alone

Furthermore, if you consider all the other possibilities for things to go wrong in the home, such as fire, leaks or any other kind of storm damage, then it becomes even easier to see why having adequate home insurance in place is such a prudent idea. Of course, home insurance isn’t designed purely to protect the house itself, as a policy can also include unlimited cover not only for the building, but for the contents too.

However, given that the average British home’s contents in recent times has been valued at over forty thousand pounds, it’s important not to sacrifice quality over price. In fact, ensure that there is indeed adequate contents insurance in place to protect all those valuables from being lost, damaged or stolen.

And, by preparing for the worst, it doesn’t mean that the worst is going to happen; it simply gives that extra peace of mind should any of life’s little mishaps present themselves.

Victoria Cochrane writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.