A typical quote will include £35 000 of contents & £7 000 of valuables (basically jewellery).
For most people this is over insurance. Often you are not given the chance to lower the amount insured. This is also true if you try to buy home insurance online. (Alternatively this could be under insurance if you have a lot of valuables....)
Remember, you can get Buildings & Contents Insurance from an IFA (Independent Financial Adviser).
1 They can tweak the value insured…..
2 Also worth considering when you renew your insurance
To be Continued
Related: What is Home Insurance?