Contents insurance can cover belongings such as furniture, electronics, clothing and appliances against listed events, with some policies also offering optional accidental damage cover. Work out an accurate sum insured and check whether valuables have individual limits, as underestimating your contents may affect a claim. Read the exclusions, excess, temporary accommodation benefits and conditions for security or storing items away from home. Compare the policy wording, not just the premium, and ask the insurer or a licensed insurance adviser about anything you do not understand.