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What are the main exclusions from contents insurance?
When you take out your contents insurance you can also increase your cover to include:
Contents Accidental Damage cover – insures your contents against accidents from your TV or laptop breaking, dropping your mobile phone at home or spilling wine on your carpets
Contents Working from Home cover – insures you against loss or damage to office equipment, supplies and furnishings while in the home between £6,000 and £15,000 (includes samples and stock up to £1,000)
Students Contents Extension – insures a full time student’s contents up to £5,000 whilst away from the main home
Contents Protected No-Claims Discount – make two claims within a 5 year period without losing your no-claims discount and without affecting your policy price when you renew
How do I cover my children’s things when they’re away studying?
If you would like to cover your children’s things while they are studying full-time away from home, you could extend your contents insurance to include the Student Contents Extension when you apply or add it onto your policy before they move into student accommodation.
This way you’ll all be insured under one policy and if you haven’t made a claim already it could be cheaper than your children taking out students contents insurance themselves. However, the Student Contents Extension only covers contents temporarily removed to the student’s accommodation, up to £5,000 and any claims made by the student will affect your no-claims discount.