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The home is usually people's most cherished place, so taking steps to protect it from damage is well advisable, not only to prevent emotional distress but also to avoid unnecessary financial strain should items be lost or stolen. As such, taking out a home insurance policy can prove a great help in the event that the worst should happen. This type of cover comes into two formats, building insurance - which protects a property's physical structure - and contents insurance, which covers the possessions a home contains. If you choose to rent a property from a landlord or letting agent you are unlikely to need to take out the former - as the person or company you have let from should have this in place. However, that is not to say you should ignore the need to get home insurance altogether. Indeed, a failure to get contents insurance will mean that, should your rented property be targeted by vandals or be damaged by fire or flood, for example, you will have to meet the cost of replacing your possessions out of your own pocket. It is unlikely that your landlord's building insurance will cover your goods. And if particularly valuable items, such as a television and fridge, are all rendered unusable, you may end up having to shell out a significant sum of money. In addition to items such as sofas that are kept within the home, contents insurance can also cover those goods you take outside of your rented home, such as digital cameras and laptops, in the event they are damaged, lost or stolen. You may also find this type of insurance provides protection for non-physical possessions, for example, audio and video content that has been downloaded on to a computer or iPod. In the event that you do need to make a claim on your home insurance cover, you may find your goods will be replaced on a new for old basis or you are given financial compensation with which to purchase items. How much you are able to claim for will depend on the amount of cover taken out and how many items you wish to protect. The level of contents insurance you take out is ultimately up to you - and you can amend this as you accumulate goods. Having contents insurance for your rented property in place can help ensure you do not end up out of pocket should the worst happen. If you're in the market for contents insurance then check out leading insurer Endsleigh for comprehensive home insurance. Originally founded in 1965, Endsleigh has since grown to become one of the country's leading home insurance intermediaries.
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home insurance, home insurance, contents insurance,
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