Contents Insurance

[Indadhanu]

Oh ok (sorry for the highjack )
Might get on to that tomorrow actually...

[Tinks]

Mine is set at $90,000. There are 5 of us and have a 3 bed 2 bath and 2 living areas house.

[Nelle]

I think ours is about $40,000? But I have no idea if that's right or not.

[diannescruffy]

Ours is $80,000 which is what the girl told me when I was applying is average for 3br home, I also had no idea.

Regards,
Dianne

[Astrolady]

Ours is at $42,000. When I was looking at it today I was thinking of maybe doubling it, so it seems that is the way to go with the 5 family members, 3 brm house etc. I also need to add extra's for their own cover.

[ss_storm]

ours is about $45 000, we got the renewal for it today! Lol. Ours was a guesstimate, but we did get my engagement ring added, so that's insured for theft/loss for about $2000. Good thing if it falls down a drain! We didn't have to provide proof of anything, just gave them the specifics for the ring and it was all done over the phone (we're with AAMI). We spoke to them about insuring our tv as we got a large LCD tv a few months ago, they said not to bother as if the house does go up in flames, the assessors will just walk through and go yep that pile of plastic was a tv..and replace it new for old, so doesnt matter what the tv was to begin with.

We probably couldn't replace everything we have with $45g, but it's a good start if something does happen.

[anney]

We have about $90K - an average 3bdr house with 3 people. We don't have alot of stuff but it did not cost much difference between $60 and $90 K. when you think about replacing bedding and curtains and clothese and shoes it adds up fast!

[briggsy's girl]

ours is set at over 100k - we have a four bed, two bath, two living area house, formal/informal dining. we also have seperately listed collections for DVD's (they only cover a set amount - 2k i think, unless you specify)v and other collectibles

[diannescruffy]

You can actually do an estimate online also if this is of any help to you.

Regards,
Dianne

[Nelle]

Oooh. We've never owned carpet or curtains before, perhaps we might need to reassess...
I suppose when you do go through and say, $20 per item of clothing, $10 per book, $15 per cd (to be conservative)...even that will add up to heaps! And the things I don't think about - plates, picture frames, rugs, bathroom stuff and makeup, christmas decorations...

[Amity]

I've just bought everything for my new house, appliances & furniture, and renovated it.

I have a small 3br unit, and not including clothes and toys, I've spent -
7.5K on appliances (not yet got microwave or tv or dvd etc)
2.5K on couches
750 on buffet and coffee table
2K on dining suite
1.2K on bunk beds including new mattresses

Linen - 1K, clothes about 1K each (unless you have work suits like me which are 1K each - so my wardrobe, replacement value, is almost 10K).

Kitchen essentials - by the time you add up everything I reckon it's almost 3K to replace. Saucepans alone are ridiculous.

Bookcases and their contents, in my house, are worth bucketloads. I have over 2000 books.

Computer and DVDs and CDs... you have to state if they are over 2K (on my policy)

Artwork/jewellery - depends on the item.

My biggest "individual" item is my 1892 Fritz Kuhla piano - irreplaceable, but insured for 10K.

I haven't got a calculator handy so can't add it up... but that might give you a ballpark figure.

HTH

[Astrid]

Think ours is about $90k. Check what your insurance company classifies as contents. I am with AAMI and it covers:

General contents are items such as furniture and furnishings; fixed wall and
floor coverings such as carpets, curtains and internal blinds; household linen
and bedding; clothing; kitchen utensils; electrical and electronic equipment
and appliances not permanently attached to any building or the site;
outdoor garden furniture and equipment; sporting equipment.

I was surprised by the carpets and curtains, they are certainly not cheap to replace. So make sure you a good amount for them.