How much home insurance do you actually need?

Start with the building

The market price and the cost of rebuilding are different figures. Land value, local labor costs, materials, and the features of your home all play different roles. Ask for a current replacement-cost estimate rather than guessing from a sale price.

Take a walk through what you own

Furniture, appliances, clothing, electronics. It adds up room by room. A home inventory helps you choose a contents limit and creates a useful record if you ever need to make a claim.

Give valuables and specialist items a separate look. They may have special limits or need additional coverage.

Think beyond repairs

Liability and additional living expenses deserve attention, too. Ask how the policy could respond if someone made a claim against you or a covered loss left you unable to stay at home.

Your circumstances matter more than a standard figure on a comparison sheet.

Choose a deductible you could manage

Compare the saving on the premium with the amount you’d need to pay after a loss. Consider any separate wind, hail, or other deductibles that may apply. The useful question is what the whole policy asks you to carry.

Revisit the details when home changes

A renovation or a few years of new purchases can leave an old limit behind. Tell Ironhill what has changed and bring your current policy. We’ll help you give the numbers a fresh look.