Accidental damage home insurance
Accidents will occur - this is why it makes sense to feature accidental damage cover to your dwelling insurance.
No-one wants to think that all of their household contents could end up damaged beyond repair, nonetheless it pays to take into account how you would cope financially appears to be accident did happen. |
Many house coverage don't automatically include accidental damage as standard - often you make payment for an additional premium if you need to be covered for one-off incidents say for example a dropped laptop, or possibly a television being knocked off its stand and breaking.
Here, we look on the sort of events accidental damage cover will probably pay out for, together with what isn't covered, so you're able to decide if it is definitely worth the extra cost...
Here, we look on the sort of events accidental damage cover will probably pay out for, together with what isn't covered, so you're able to decide if it is definitely worth the extra cost...
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What is accidental damage?
As its name suggests, accidental damage comes about when a one-off incident causes destruction of your household contents. So, as an example, someone accidentally knocking a bottle of wine onto your cream-coloured carpet could well be likely to qualify as accidental damage. However, deterioration isn't included, this means if your carpet created a hole from it |
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Many house insurance plans don't automatically include accidental damage as standard
Accidents attributable to children are included, so should your toddler seems to push above the telly and crack the screen, your insurer should spend for a fresh one.
Many house insurance plans don't automatically include accidental damage as standard
Accidents attributable to children are included, so should your toddler seems to push above the telly and crack the screen, your insurer should spend for a fresh one.
Bear in your mind, however, that many accidental cover won't spend if damage is due to a pet. That means if the puppy has had a liking to chewing the sofa, you may not be able to change it by making a compensation claim on your contents insurance.
You will get accidental cover put into your buildings policy in addition to your contents policy. This would cover things for instance a ball being kicked via your sitting room window, accidentally plunging from the ceiling if you are up inside attic, and banging a nail via a water pipe when attempting to hang a graphic.
You will get accidental cover put into your buildings policy in addition to your contents policy. This would cover things for instance a ball being kicked via your sitting room window, accidentally plunging from the ceiling if you are up inside attic, and banging a nail via a water pipe when attempting to hang a graphic.
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It won't cover deterioration, or bad workmanship, so if the electrician wires a socket wrongly, you'd be forced to pay to get the problem fixed yourself.
This cover is fairly often abused by people making false claims. However, honesty is the better policy on the subject of making an insurance claim, as you do get caught out, it is going to invalidate your cover and you could find it difficult to get insurance in the future. |
How much should it cost?
Adding accidental damage cover to your property insurance will typically add between £20 and £100 per year to your premiums, bumping inside the cost of your insurance by around 20%.
However, many mainstream insurers include accidental harm to electrical items - for instance televisions, DVD players and computers - as standard, so make sure your policy documents prior to buying additional cover.
If you've got young children, then you can well consider paying extra for accidental cover an expense worth paying, because the chances of the house or its contents being damaged accidentally is going to be relatively high.
However, minus children, and still have few visitors to your property, you possibly will not want to pay a different premium with this kind of cover. But be cautious whether you will be able to afford to replace more pricey items when they were damaged.
Adding accidental damage cover to your property insurance will typically add between £20 and £100 per year to your premiums, bumping inside the cost of your insurance by around 20%.
However, many mainstream insurers include accidental harm to electrical items - for instance televisions, DVD players and computers - as standard, so make sure your policy documents prior to buying additional cover.
If you've got young children, then you can well consider paying extra for accidental cover an expense worth paying, because the chances of the house or its contents being damaged accidentally is going to be relatively high.
However, minus children, and still have few visitors to your property, you possibly will not want to pay a different premium with this kind of cover. But be cautious whether you will be able to afford to replace more pricey items when they were damaged.