Have you ever considered what would happen if you were to lose your home or its belongings due to unforeseen eventualities?
How financially prepared are you to recover from such a loss without suffering any significant setbacks?
If the answer to the above question is uncertainty or a resounding ‘no’, then it’s time to look into home contents insurance.
Home contents insurance coverage may cover private residential houses including the main buildings, walls, fences, gates and outbuildings.
It doesn't stop there, home contents insurance may also cover you against personal liability, domestic staff-related risks, home valuables and much more.
Peace of mind comes when you know that your home and everything within it as well as your loved ones and workers, are safeguarded against unforeseen losses.
In this blog, we’ll introduce you to the significance of home contents insurance, its impact on protecting homes in different parts of the country and why it's an essential investment for your peace of mind.
Let's dive right in, shall we?
What is Home Contents Insurance Cover?
Your home is likely the most valuable asset you have, most homeowners haven't looked into the significance of having insurance for their home contents.
A big gamble if you ask me!
It would be pointless to insure your home contents without a prior understanding of home insurance and its significance in protecting you and what you love most.
Home contents insurance is a policy like any other insurance cover but this specifically covers your home and its contents against unpredictable situations such as fire, theft, natural disasters such as floods or terror attacks.
Home contents insurance can be purchased from insurance or security companies.
What is Covered Under Home Contents Insurance?
While many may think the home insurance policy covers only the physical structures, it goes beyond that.
In fact, it not only safeguards your home but also its valuables, your loved ones, domestic workers and even your visitors.
Quite the right trajectory towards a peaceful living right?
Home insurance cover may safeguard you against the following risks:
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Private residential buildings- the policy may cover all or some of the following risks:
- Fire Outbreak
- Damages caused by riots, strikes or civil commotion.
- Burglary
- Impact from aerial devices such as trees, masts etc.
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Home contents such as furniture, fixtures, fittings, interior decor etc.
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Clothes
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Valuables electronics such as laptops, phones, watches etc.
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Domestic staff such as home managers, watchmen, and gardeners.
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Personal liability- may cover legal, repair and medical bills if someone or a visitor gets injured or their belongings get damaged while visiting your home.
Why Home Contents Insurance Cover is Important for Every Kenyan Homeowner
Assured Peace of Mind
Knowing your loved ones, premises, its contents and your domestic worker are safe and covered in case of any eventualities is something every homeowner would want to experience.
Protection against Theft & Robbery
Losing your home valuables after spending a fortune to purchase them is not something you would want to experience.
Home contents insurance gives you the confidence to know that if anything gets stolen from your home, it will be compensated.
24/7 Alarm Monitoring & Response Services
Can you predict when an intruder will get access to your home?
Definitely not.
Home contents insurance coverage may extend beyond medical assistance, offering continuous monitoring of your premises.
With instant alerts and swift security response in cases of intrusion, rest easy knowing that the safety of your home is guaranteed however far you are.
Roadside Assistance
Roadside Assistance is a compelling facet of home contents insurance that extends coverage to you and your family members, safeguarding against unforeseen incidents like repairs, towing services, and flat tire assistance.
This comprehensive feature ensures that you are supported in unexpected situations while on the road.
Emergency Medical Bills
Domestic workers oftentimes put themselves in risky situations to make sure our loved ones, homes and belongings are safe.
The shocking reality is that most workers are never insured against any injury or emergency that may arise from their work.
Home contents insurance policy ensures medical and emergency bills for your workers are catered for.
Protection Against Bankruptcy
At the beginning of this blog, I raised a question on whether you'd be financially prepared to cover any unforeseen medical emergency, damage or loss of property.
Home contents insurance covers you from such unpredictable losses and financial unpreparedness which may leave you bankrupt.
Conclusion-Home Contents Insurance; The Right Step Towards a Secured Future
While the cost of living is becoming unbearable for many Kenyans, home contents insurance may seem like an unnecessary burden but given the value of your home contents, it's an investment worth protecting at all costs.
One vital part is choosing the right home contents insurance provider, companies such as SGA Home Security Solutions will guide you in choosing the right insurance package and provide you with all the information you may need in regards to protecting your home.
It is also important to carefully read your home contents insurance policy document at inception and seek clarity on areas of concern.