How do I value my fixtures and fittings for insurance purposes?

To accurately value your fixtures and fittings, you should estimate the replacement cost. This is how much it would cost to purchase new items of similar quality and install them today. For fixtures, consider professional installation costs. For fittings, make a detailed list and research current market prices. Always check your policy wording for specific valuation methods and speak with your insurer if you are unsure.

Are built-in wardrobes or custom blinds considered fixtures or fittings?

The classification can sometimes be tricky and depend on how permanently they are attached. Built-in wardrobes that are custom made and permanently fixed to the wall or floor are generally considered fixtures. Custom blinds that are easily removed and not integral to the structure are typically fittings. However, the definitive answer depends on your insurer's specific definition in your policy disclosure statement.

If I am a landlord, what fixtures and fittings am I responsible for insuring?

As a landlord you are generally responsible for insuring the fixtures of the property through a building insurance policy. This includes things like built-in kitchens, bathrooms and flooring. You may also need landlord contents insurance to cover fittings that you provide for your tenants use such as curtains, blinds or unfixed appliances like an oven.

As a renter, what responsibility do I have for insuring fixtures and fittings?

As a renter you are generally responsible for insuring your own personal belongings which fall under the category of fittings. This includes your furniture, appliances, clothing and other movable items. The landlord is usually responsible for insuring the property's fixtures. It is highly recommended that renters take out contents insurance to protect their possessions.

Do I need to update my insurance if I install new fixtures or fittings?

Yes it is important to notify your insurer if you make significant improvements or additions to your home that involve new fixtures or high value fittings. Installing new solar panels renovating a bathroom or purchasing expensive freestanding appliances can increase the replacement value of your property. Updating your policy ensures you have adequate cover and helps prevent underinsurance in the event of a claim.

What happens to fixtures and fittings if I sell my home?

When you sell your home fixtures are generally included in the sale and remain with the property unless specifically excluded in the contract of sale. Fittings however are typically considered personal property and you would take them with you unless they are explicitly included in the sale contract. It is crucial to clearly define what is included or excluded in your sales agreement to avoid disputes. Your insurance coverage should reflect this until settlement is complete.