Take Charge of Your Money

How household insurance works, with Sumarie Greybe

March 28, 2022 Brendan Dale Season 2 Episode 3
Take Charge of Your Money
How household insurance works, with Sumarie Greybe
Show Notes Chapter Markers

Take Charge Of Your Money podcast with Brendan Dale
Season 2, Episode 3 - 28 March 2022


Sponsored by Naked - The new way to insure your stuff

Sumarie Greybe, a co-founder of Naked, speaks to me about household insurance. How it works and how you're meant to calculate your contents cover that you need.

Starting off is the all important fact that you need to insure yourself for the full value of all your contents. Even old items that you don't really care about. Not doing this will affect the claims payout as you'll only receive a percentage of the value of lost items. Sumarie explains this well and here is also an article I wrote on household insurance.

Main topics discussed:
0:00 Podcast into and thanks to my sponsor
1:00 Welcome to Sumarie
3:21 How does household insurance work? 
6:57 How to value your stuff
8:48 Proof of ownership
10:37 Specified items
12:00 Comparing policies 
15:41 Are my guests belongings covered?
16:55 Students in digs who need insurance
18:47 Top tips for insurance

Top tips from Sumarie Greybe

  • Make sure that you are properly insured for all your items, and reassess this now if needed.
  • Reassess your cover at least once a year, especially if you have bought items during the year. 
  • Read your policy wording and understand what you are covered for.

More on insurance
I have a ton of articles on my blog about insurance. Go to the Insurance topic from the menu and scroll through the articles.
All my insurance articles

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PS - this episode was recorder using
Riverside - check it out

Welcome to Sumarie
How does household insurance work?
How to value your stuff
Proof of ownership
Specified items
Comparing policies
Are my guests belongings covered?
Students in digs who need insurance
Top tips for insurance