It is easy to be smart after the event; however, there is nothing wrong with making a smart decision and suggesting it to others. I worked within the insurance industry at a very high level, underwriting some of the UKs largest company’s insurance risks, so talking insurance to me was like talking to the converted. Over the years I saw some of the most bizarre circumstances, both tragic and funny, that culminated in accidents or events that resulted in insurance claims. Whilst a lot of them were covered by the more traditional type of insurance policies towards the end of my tenure as an underwriter, there was already a move to more specialised types of insurance cover. One of the more useful ones on the market today is home emergency cover. It is worth taking a brief overview of what exactly is covered by a standard type of policy and the cost.

Most of the major insurers now provide this type of cover, however, be aware that the type of cover and the cost can vary quite a lot. This will change over time as the market gets more competitive.

Here are some of the more common things that are covered:-

• Plumbing or drainage, such as blocked drains or burst pipes
• Main heating system, including your hot water system
• The domestic power supply
• The toilet unit
• Home security
• Vermin infestation
• Alternative accommodation provision (to a certain value)

Whilst this is not an exhaustive list, it covers the main types. You also need to check the features of the cover. For example:-

• Is there a call out of repair charge
• Do you get unlimited callouts
• Is there an excess
• Up to what amount of emergency repairs are covered
• Plumbing & Drainage Cover
• Primary heating system
• How water system
• Home security cover
• Is there an provision for overnight accommodation if required

Regarding the cost of these types of policy there is wide variance. However, do not get lulled into a false sense of security, because cheap often means poor. There have been some very bad press reports about poor standards of workmanship. Tradesmen not being fully qualified for the job they are sent to repair. Poor response times and lack of availability of adequate call centres when you need them.

Yes, you can get a comprehensive type of policy, covering all of the above for around £50 for a year. You can also pay up to £350 for the same cover. However, do not fall into the trap of just buying the cheapest. For your own sake, you need to check out a specialist website with real reviews or suggestions by real people.

Home emergency cover is a Godsend for those of us whom want a stress free life not having to worry about things going wrong at home and not being able to deal with them.