by Sophie
Pomeroy, Building & Contents Administrator, Manning and Company
Buildings & Contents insurance is like anything in life - you get
what you pay for!
In these times of economic hardship, people are looking for ways to
reduce the cost of living, and Buildings & Contents insurance can be one
area under scrutiny. It may be tempting
to cut your level of cover, or even cancel it altogether – perhaps thinking
it’s worth the risk, given how infrequently you may have made a claim in the
past.
But under-insuring your property is a false economy and leaves you
over-exposed to risk. What’s more,
failing to have Buildings insurance could be in breach of the terms of your
mortgage.
