Home insurance: pitfalls to avoid and essential cover

What this episode covers

• What a multi-risk home policy actually covers, and what it leaves out.
• The cover worth reading closely: water damage, theft, fire, personal liability.
• Second homes and rented properties: why a standard policy is not always enough.
• Excesses, payout limits and depreciation: the clauses that decide the amount actually paid.
• Filing a claim: the deadlines and the supporting documents to prepare in advance.
• The classic mistakes when taking out a policy, starting with undervaluing contents.

These points outline the topics discussed in the episode. They are no substitute for personalised advice.