What types of accidental damage insurance can I get?
There are two different types of accidental damage insurance; accidental damage contents insurance and accidental damage buildings insurance. As the name suggests, accidental damage contents insurance covers the items in your home, whereas accidental damage buildings insurance covers any damage to the building itself.
When it comes to accidental damage contents insurance, if you have a new for old policy, you’ll be given the same replacement item, money or vouchers for any item that’s destroyed by an insured event. However, if you’ve damaged items such as your bedding, curtains or clothing, your insurer may make a deduction due to wear and tear. Many insurance providers will take into account the age of the item and make a percentage deduction from the settlement amount offered.
If you have a matching set, such as sofas or kitchen cupboards and one item gets damaged, you will normally only be covered for the damaged item. However, it is possible to get a ‘matching sets’ policy that allows you to claim for the entire set to be replaced.