Consumer watch

Be sure your home and its contents are fully covered

Whether you rent a one-bedroom flat or own a five-bedroom townhouse, home insurance is essential. It’s not a legal requirement to have insurance, but if you have a mortgage, then it’s usual for the lender to insist you take out cover. don’t wait until completion – be sure you’re covered when you exchange contracts, as you have a financial interest in the property from this point. If you rent, check that your landlord has buildings cover in place. contents cover is sensible for renters and home owners and the best way to ensure you have enough is to walk from room to room and make a list of your possessions. Tot up how much it would cost to replace them new and this is the sum you’ll need to insure. get a quote at gocompare.com