Problems occur when homeowners overlook items, often missing out entire categories in a given estimate, purely because the scope is so vast. You might look around your room, listing the items you can see and calculating their value, but neglect to include rugs or cookware. Items that are kept stored out of sight are also at particular risk of being forgotten, such as garden tools, luggage, linen, clothes (an average person’s clothing alone could cost over £10,000 to replace), and food and drink. You should make sure you account for absolutely everything when working out how much to insure for.

It’s also important to be aware of any changes to replacement costs that may arise from time to time, for example, if the price of precious metals changes.