Home insurance hurdles for Britain's newlyweds

When planning that perfect wedding, the possibility of having to deal with increased home insurance costs is unlikely to cross your mind. However, a recent survey carried out by Halifax has found that wedding presents invariably increase the contents valuation of one’s home. In April, the top UK Insurance provider, Churchill, found that on average, newlywed couples received around 50 gifts apiece, costing a staggering ₤3,000 in total. As contents valuations increase, so do home insurance premiums.

So if you’re concerned that insurance glitches could spoil your wedding, here’s what you should bear in mind. Firstly, check with your insurance provider to ensure that your policy provides cover for any additional possessions you may have acquired following your wedding. This is particularly important if your insurance policy operates on a ‘sum-insured’ basis. However, some providers such as Churchill offer home insurance policies that provide cover for wedding presents during the weeks just before and after the big day. This allows newlyweds to go off on their honeymoon without fretting about uninsured possessions back home. Furthermore, insurance providers advise couples to bear in mind that expensive individual pieces such as wedding rings are unlikely to be covered by such policies and will need to be insured separately.

With the summer wedding season upon us, this issue is clearly one of considerable importance and certainly something to take note of if you’re planning on tying the knot anytime soon.

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