Updating your home insurance policy | Liberty Insurance Ireland

Updating your home insurance policy | Liberty Insurance Ireland

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Updating your Home Insurance Policy

Is it a lot of hassle to update my cover?

From time to time it may be necessary to update your home insurance cover. We look at the reasons why and what benefits there are to updating your Home Insurance Policy.

Why would I need to update my Home Insurance Cover?

Most Home Insurance Policies cover both buildings and contents and these can change over time. For instance, you might want to add an extension or get an attic conversion to your house or even build an outdoor office or garden room in your back garden. These additions will add value to your home and will also increase the cost of repairs and rebuilds. It is therefore imperative that you update your policy so that these additions to your home are covered in the unlikely event that they are damaged.

While buildings evolve slowly over time, home contents can change much more quickly as there are so many items. Contents that are usually covered include household goods, home office equipment, sports equipment, personal belongings, fixtures and fittings and interior decorations. Mobile phones and accessories are not normally covered.

You can add specific items that are very valuable to your cover. A new expensive TV or kitchen will need to be updated on your policy. If you get engaged or married you can also cover your engagement rings and wedding bands. You should also consider updating your cover if you inherit valuable items like art or jewellery. Always keep receipts of recent expensive items and valuation certificates of antiques and inherited valuables.

Is it a lot of hassle to update my cover?

Not at all. You just contact your insurance provider and advise their customer service of any updates to your policy.

For instance, Liberty Insurance offers two types of cover in relation to their home insurance policies; buildings insurance and contents insurance, which you can buy separately or as a package. Each cover offers a number of benefits to protect you, should the worst happen.

Below is a detailed list of the benefits they offer under their home buildings and contents insurance policy.

Home Emergency Assistance (applies to policies that have both buildings and contents cover only):

Home emergency 24 hour helpline

Alternative accommodation

Accidental Damage

Fire brigade charges

New for old contents cover

Property Owners Liability

Access for repairs

All risks

Title deeds cover up to €750

Visitors’ personal belongings up to €1000

Replacement locks up to €650

Pedal cycles up to €300 per bicycle

Public Liability

Frozen foods up to €700

Loss of heating oil up to €750

Jury service cover – €25 per day, up to €700

Money up to €500 & credit cards up to €1500

Fatal injury benefit – €5000

Wedding and Christmas gifts

Find out more about their Home Insurance cover here.

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