Woolworths Financial Services - Home Insurance

Christelle Fourie, Managing Director of MUA Insurance Acceptances, says one of the most common mistakes that consumers make when insuring their home is confusing the market value of the property with the replacement value. She says if the rebuild cost of a property is inaccurately assessed this can result in severe underinsurance, potentially leaving a homeowner facing a massive financial shortfall in the event that they need to file a claim.

Contacts:

www.woolworths.co.za