Residents of Buckhurst Hill in Epping Forest should carefully consider the type of home insurance they require, given the local crime statistics. While Buckhurst Hill boasts a safety score of 86 out of 100 – higher than the UK average of 79 – the crime rate stands at 55.9 incidents per 1,000 residents. This is notably lower than the UK average of 91.6, suggesting a relatively safer environment, but still warrants proactive risk management. The property crime rate is 24.3 per 1,000 residents.
Given this data, a comprehensive home insurance policy is generally recommended. This type of policy typically covers damage to the structure of your home from events such as fire, flood, storms, and subsidence. Crucially, it also provides contents cover, protecting your belongings from theft and damage. With a property crime rate present, contents cover becomes particularly important.
Beyond the standard comprehensive cover, consider these additions:
- Accidental Damage Cover: This protects against unintentional damage, such as a burst pipe or a dropped appliance. While potentially increasing the premium, it can provide valuable peace of mind.
- High-Value Contents Cover: If you own valuable items like jewellery, artwork, or electronics, ensure your policy’s contents cover has sufficient limits to adequately protect them. You might need a ‘specified items’ endorsement.
- Personal Possessions Away from Home Cover: This covers your belongings if they are stolen while you are travelling.
It's also important to review your chosen excess. A higher excess will generally lower your premium, but means you’ll pay more towards a claim. Finally, proactively informing your insurer of any security measures in place, such as a burglar alarm, CCTV system, or upgraded locks, may result in a reduction in your premium and demonstrates a commitment to reducing risk.