Close Give Feedback
Resene Paints - home page
Follow us on Facebook Follow us on Pinterest Follow us on Instagram Follow us on YouTube

summer under cover

From Habitat magazine - issue 11

Is it time to spring-clean your insurance policies?

Summer insurance policies

The flowers are in bloom, the grass needs to be cut and it’s time to shake those winter blues. As the weather starts to improve many people take the opportunity to spring-clean their homes. While spring-cleaning is associated with cleaning windows, gutters and even the overcrowded linen cupboard, it is rarely associated with contents insurance.

In many instances once you have taken out your contents insurance you tend to forget about it until the bill arrives or you are in the unfortunate position of having to make a claim. However, it is important to review your contents insurance requirements regularly to ensure you have the right level of cover. To help you spring-clean your contents insurance, we have pulled together a list of important factors to consider.

The right level of cover

It is important you insure your contents for the correct amount so you are not left out of pocket at claim time. Spring-clean your contents insurance with these simple steps:

The type of cover

Having the wrong type of cover can be just as disappointing as being underinsured. Make sure you understand what type of cover your policy provides.

Full replacement value: If items covered for replacement value are damaged, many insurers will repair the item to an ‘as new’ condition. If they are stolen, or damaged beyond repair, your insurance company will decide whether to replace it with a brand new item or a cash settlement. Check this with your insurance company.

Market value: This is the value of an item taking into account any wear and tear (depreciation). It is usually based on the age of the item at the time it was lost or stolen.

And the rest...

Think about any items that may need to be specified on your policy. If you have expensive items such as cameras, video cameras, or works of art they are usually covered on your contents policy up to a certain amount. We recommend having these items listed as a ‘specified item’ on your policy.

Talk to your insurer about ways to save money. You could be paying too much for your insurance. Most insurance companies offer different ways to reduce your premiums.

While we may not enjoy spring-cleaning, it is actually a very important task. Caring for your possessions will help avoid wear and tear which is not covered by your insurance policy.

Top tip

Having colour photographs, valuations or original receipts as proof of ownership can make settling a claim easier.

Check your policy documents to understand what level of cover your policy provides. Your level of cover may differ for different items and your level of cover may change from replacement value to market value as an item gets older.

Search habitat magazine stories

Want to get your own free copy of future issues of habitat magazine?

Printed copies of habitat highlights are available from late March 2024 at Resene ColorShops and resellers, while stocks last. You can view back issues of habitat magazine online.

If you have an idea, project or story that you think would suit habitat, we’d love to hear from you. Please drop us an email with your details and include photos if submitting a project.

Sign up for a DIY card and Save! Australia | New Zealand

Return to Habitat 11


Order online now:
Testpots | Paints | Primers and Sealers | Stains | Clears | Accessories

Get inspired Get inspired ! Subscribe      Get saving Get saving ! Apply for a DIY card

Resene Paints Ltd

Can't find what you're looking for? Ask us!

Resene Paints Ltd   –

Follow us on Facebook Follow us on Pinterest Follow us on Instagram Follow us on YouTube
Videos on how to paint and stain your house

Colours shown on this website are a representation only. Please refer to the actual paint or product sample. Resene colour charts, testpots and samples are available for ordering online.   See measurements/conversions for more details on how electronic colour values are achieved.

What's new | Specifiers | Painters | DIYers | Artists | Kids | Sitemap | Home | TOP ⇧