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Insurance tips for people moving home

People with mortgages for professionals and other home loan products may wish to heed the latest advice from financial search engine Tescocompare.com.

Suggesting that it can help home movers save themselves time, money and stress, the company has produced a guide related to insurance.

It is important not to forget really small items and bigger belongings when it comes to insurance, according to the guide.

"When calculating how much cover you'll need for home contents insurance, don't forget to factor in the cost of new purchases," Tescocompare.com said. "Things like new bed linen and light fittings can all add up and increase the amount of protection needed."

Meanwhile, larger belongings costing around £1,000 to £1,500 – and people with mortgages for professionals may have a number of these - "will need to be covered individually under your policy".

Debra Williams from Tescocompare.com said: "Moving home is usually a stressful time, no matter whether you are a homeowner or renter. But there are many things you can do to take the stress out of moving and save yourself some money."

This advice may be particularly pertinent due to widespread predictions that confidence is returning to the property market and more people are planning to move in the coming months.

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