People often underestimate how much their contents are worth and end up undervaluing their contents. Some even dismiss the idea of insurance or undervalue their possessions because they "don’t own much" or "don’t own anything that expensive".
It's easy to forget things
Contents includes so many things we all take for granted. How much would it cost you to replace all your electronics, including TVs, laptops, tablets, cameras and smartphones? What about your wardrobe? The price of replacing all your suits, handbags, jewellery, make-up, watches and shoes adds up quickly.
People often forget to include their furniture, linen, curtains, pots and pans, utensils and appliances in an estimate. It’s only once all of these things are gone that we truly appreciate them. So you’ll want to insure all your contents so they can be replaced if a disaster strikes.