What is the best way to work out your home contents value you need covered. What type of insurance is best? One that is hooked up with my banking?

Hi Dave,

The best way to be precise about contents value is to complete an asset schedule - listing all of the items are giving them a value. Remember it is replacement value you are looking for, not the value of the condition items are currently in.

In terms of where to buy, if your home and contents is high value, or you have multiple properties, or you have valuable art or jewelery, you should speak to a broker. Otherwise your best bet is to go to Compare The Market - I know the meerkat is a bit of fun, but the website is actually very useful.

Happy hunting!

Hi Dave.
I agree with Charles that the best way to work out what your contents are worth is to have a quick walk around and recall how much you paid for them. You'll be surprised how the amount escalates very quickly.

There are plenty of insurance comparison websites out there. Another one is iSelect.

Have fun.
Richard