If you’re taking out your first home insurance policy, or lost out as a result of not having the proper cover in place in the past, here are a few sure fire tips to ensure you take out the correct home insurance policy to suit your needs.

It’s been calculated that home owners undervalue their possession by an average of £4,650 so it’s important you have take time to consider how mush cover you need. Remember to include items kept in the garage such as bikes and tools, plus the cost of your clothes; think about how much it would cost to replace all of your clothing and shoes should you lose it all.

Price comparison websites are great for finding the cheapest insurance options available to you, but remember, the cheapest option isn’t always the best. It’s vital you read through the policy agreement first to check the cover is suitable to your needs, otherwise you could be caught out should your need to make a claim.

Don’t forget to add personal items to your home insurance policy such as mobile phones and expensive jewellery such as your wedding rings. Add these to your home insurance and you’ll be covered should you lose, or have these items stolen, while outside of your home.

If you have a single item in your home which is worth more than £1,500, remember to specify this to your insurers as often this is the top end of what companies will pay out for a single item. Remember to include items such as musical instruments, electrical equipment and jewellery.