The reasons for this price increase are several.
Not least of which is the amount of valuables which most people have accumulated over the years and the actual costs involved in reinstatement should you suffer a loss.
It is important to shop around for the best deal, but equally to ensure you do not compromise on the quality of cover you obtain.
All home policies provide “new for old” or reinstatement covers, but some restrict this extension to property, such as carpets, below certain maximum age.
Other policies may impose strict conditions regarding security and may not pay out if you are burgled and have forgotten to turn on your alarm.