Top 5 Types of Insurance You Should Be Covered For

By Jeff Salmon


Insurance is a necessity in the modern world where Mother Nature, poor drivers, thieves and accidents are just a handful of risks which can upturn your life and leave you and your finances vulnerable. Although it can seem like a needless expense, investing in insurance is the only way to prepare for the worst. With so many hazards at home, in the workplace and on the roads how do you know which types of insurance to choose? Below are 5 types of insurance which you should consider investing in.


1) Personal injury

We've all seen the adverts asking if we've been injured in an accident at work or in a public place but what would the consequences be if you actually did have an accident? You may not be able to work for a period of time and you may need to get help to look after your family or even yourself. Some of most common personal injury claims include road accidents, tripping, assault and accidents on holiday. Accidents can happen to anyone but if you work in a particularly dangerous environment, spend a lot of time behind the wheel or enjoy extreme sports, then you should consider investing in personal injury insurance.

2) Fire

All homes are at a risk from fire but the level of the risk will depend on what types of preventative measures you have in place. If you have a smoke alarm on every floor in your home and a fire extinguisher in the kitchen then your home is arguably less at risk. If the worst does happen then the aftermath of a fire can be extremely traumatic and even small fires can result in needing to spend money redecorating and replacing damaged furniture. It's worth getting covered so that the aftermath of the fire is less of a financial burden and you can have the right help on hand.

3) Flooding

In 2006 the UK saw some of the worst floods on records with thousands of homes and businesses being wrecked by water across the country. This scale of devastation proves that it's not just coastal or riverside properties which are at risk from floods and any low lying area could be affected. Arranging alternative accommodation, making repairs and replacing possessions is just the start of recovering from a flood and in some cases it take months for your home to become liveable again. Being insured can make the recovery process much smoother and also give you peace of mind if you are in a high risk area.

4) Burglary

A break in can result in your possessions being stolen and potentially damage your home if they break a window or force a door. If you live in a high risk area or in a home which is older and perhaps more vulnerable to thieves then upgrade your home security and find out exactly what your home insurance covers in terms of theft and consider raising your policy.

5) Subsidence

Subsidence is usually just associated with homes on coastal edges, steep cliffs or in mining regions but extreme weather such as flooding and the type of ground the house is built on can also cause subsidence. Subsidence can cause cracks in your property walls and damage to piping and outside areas of your home such as drive ways and patios which can affect the foundations of your home and put your property and family at risk.

Insurance is sometimes the only preventative measure you can take against accidents, break-ins and extreme weather so it's wise to check your policies to see if you have the right insurance to cover your home and lifestyle.


This article was written by Jeff Salmon of Salmon Assessors, a claims negotiation company based in London which helps people to get what they are entitled to when making insurance claims.

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