It covers you against loss, theft or damage to your personal belongings and home possessions as well as cover legal liability should you unintentionally damage others properties and belongings.
The “contents” definition varies between the insurers.
Content Insurance - Trusted Adviser
Things & features need to be considered:
- Disclosing specified items
- Contents cover in commercial storage
- Home office covers
- Contents kept in bank vault or safety deposit box
- Contents in transit
- Stress payment
- Purchases’ record keeping
- Nationwide and/or Overseas cover
- Children’s contents (Boarding school students, Tertiary students, Children living overseas)
- Landlord content for investment property(ies)
- Hidden gradual damage
- Temporary accommodation