In this section we'll aim to bring you as many Forces-related Insurance tips as we can. We'll start with Buildings & Contents Insurance. *** Buildings & Contents Insurance - Some Tips When you buy contents or buildings insurance you will want to get the best policy you can at the cheapest price. There are dozens of price comparison sites that say they can save you on your insurance, but what's important is that you compare identical policies. There's no point saving on your premiums if your policy won't pay out when you need it.  What Sum Assured? - One factor that will determine the premiums you pay is the amount of cover you take out, which will depend on how much your possessions and/or property are worth. In the insurance industry, it's called the "sum insured". The sum insured must be enough to cover the total value of the goods and buildings. The problem is that many people underestimate the cost of replacing or repairing their homes and their contents. If you don't have enough insurance, then, when damage occurs, your insurer may only pay out part of the cost. Visit: www.greatforcesdeals.com - for some great deals and your free Forces Home-Buying Guide Contents Insurance - For contents insurance, the cover needs to be sufficient to cover the cost of replacing what was damaged. If your laptop is stolen or destroyed you can expect an exact replacement, or one that's as good as your laptop if your model is no longer available (depending on the type of cover you have). This could be less than you paid for it. However, an old washing machine may have cost £100 when it was bought new, but the equivalent model that meets today's safety standards may cost well over £250.  Buildings Insurance - For buildings, insurance has to cover the full cost of rebuilding the property, including architect's and surveyor's fees and the cost of clearing away the debris and meeting any new building regulations or by-laws - in other words - every aspect of the re-build. This is not the same as the market value of the house; it's generally less, because the land on which your home is built is normally not damaged by fire or flood (and the cost of the land accounts for around a third of the value of the property). Don't forget to check out: www.bestforcesdiscounts.co.uk Accidental Damage - I have always strongly recommended that clients include Accidental Damage in their cover. Policies spell out clearly the risks
they cover - like fire, theft and flood. For 'accidental damage' cover you have
to pay a slightly higher premium, but it means you are covered against such risks as
spilling paint on a carpet, or dropping a camera and breaking it, for example and, if you ever have to claim for incidents like these, you will be so glad you have it. Forces insurance needs is little different to civilian needs but, by the very nature of your occupation, you may let your property for long periods, your pocessions may go into storage for some length of time - you want to be sure that your insurance fully covers these situations - you want the Best Forces Insurance possible. Forces Car Insurance We'll be giving you some great tips on Forces car insurance in the near future - keep checking out: Best Forces Insurance Forces Kit Cover See: Home Page for more information |