Good morning, Diane Davies. Can I help you?
Yes, I'd like to get some insurance for the contents of my home.
Fine. When did you move into the house?
A couple of weeks ago, and it's an apartment actually. I was told by the landlord that it would be a good idea to get some insurance for the furniture and other personal possessions.
Fine. Well, let's get some details. What kind of apartment is it?
It's a two-bedroom apartment.
What floor is it on?
Why do you need to know that?
Because it affects the cost of the insurance. An apartment on the ground floor isn't as protected as others and there's more chance of a break-in.
Really? I didn't know that. It's on the third, no... second floor.
Second... and how much is the rent?
It's $615 per month.
Good, and where is it located?
In Biggins St. South Hill.
I see. And what things did you want to insure?
Well, what do you recommend?
Well, the most important things are those, which you would normally find in a home, things like the television, fridge and so on.
I see. Well, I've got a fridge and a stereo system, which I've just bought from a friend.
And how much did you pay for the fridge?
Err, $450.
50 or 15?
50, and the stereo system costs $1,150.
Have you got a television?
Yes, but it's very old and not worth much.
OK. Well, is there anything else you want to insure?
Yes, I've got a couple of watches and my CDs and books.
How much do you think they're worth?
The watches are worth $1,000...
For both of them?
No. Each one and, all together, the CDs and books cost me about $400.
OK, so the value of everything you want to insure is $4,000.
How much will the insurance cost?
Let me see, $4,000 divided by... plus 10%... right, so this kind of insurance, err, that's Private Contents insurance, it comes to $184.00 for a twelve-month period.
$184.00. Well, that sounds pretty good. OK, I'll take that policy.