When getting household insurance quotes online there are many variations and things to consider. You don’t want to be under insured, which may mean you may as well not have insurance. You don’t want to be over insured either, which may mean you’re paying for something that may never happen.
Always consider what you want and what is relevant before going under or overboard. It is highly unlikely that a Tsunami would ever hit Gauteng, so insuring against this qualifies you as over insured. If you can afford to buy a new set of glasses and curtains but can’t replace your fridge, microwave, oven and all your kitchen cupboards, leave out the glasses and rather insure the most important things. Most companies offer the option of covering up to a certain amount within your house which may be a sensible option, as it is highly unlikely that you will need to replace everything.
There are many types of coverage to consider, such as building insurance, contents insurance and portable possessions insurance. Buildings insurance includes any structure on your property that cannot be moved. This would include structures such as your holiday house, your perimeter walls, a lapa or cottage or servant’s quarters on your property. Household contents insurance covers the things inside your house like your appliances as well as carpets and curtains against the elements, accidents and theft.
Your portable possessions are anything you would take out of your house like your cell phone, laptop, camera etc. So even if one of these items is in your car or on you while you are out, this cover would protect those items. For this type of cover you may need to specify the exact amount the object is worth instead of just a general amount. Some places also offer extended household cover in case you can’t meet the minimum security or occupied days requirements. Personal liability may be a good measure to add if you have people that need to enter the property often that may get injured on your property. This would protect you from a potential lawsuit. Getting household insurance quotes online can ensure that you get the best protection for the cheapest rate that suits your needs.
Also See Holiday Insurance