Beware the new policy discount on your home insurance! I recently had my home insurance policy renewal come through my door and was astounded to find that the contents alone had gone up by £15 a month. Now this may not seem like a lot but when you consider the total over the year, it really is. I called to find out why this amount had been added to my policy considering I had not made a claim and was told that it was because my new policy discount, which had been applied when I took out the policy as a new customer the previous year, no longer applied.
This may sound bogus and I believe that it is but it is how companies draw you in and get you to sign up.
Most renters often wonder why they should go for a renter insurance policy when they don’t own the house. Well for starters, even though as a renter you may not own the property you will certainly own some if not all of the things in it. Many apartment complex insurance policies do not cover damage to personal belongings which means that the property owner will be paid for the structural damage but you will get nothing to make