How to find the right home insurance

With the gold price hitting record highs, you may need extra home insurance cover for your belongings

House insurance paperwork
There are two kinds of home insurance, but you might not need both
(Image credit: Peter Dazeley / Getty Images)

Home insurance premiums are on the rise but many homeowners could find themselves underinsured due to recent increases in the price of gold.

The gold price has increased by 35.9% over the past year, said MoneyWeek, "peaking at over $3,400 (£2,530) along the way" as investors sought safe havens amid "increased uncertainty over the global economy in the run-up to and wake of Donald Trump's 'Liberation Day' tariffs".

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Marc Shoffman is an NCTJ-qualified award-winning freelance journalist, specialising in business, property and personal finance. He has a BA in multimedia journalism from Bournemouth University and a master’s in financial journalism from City University, London. His career began at FT Business trade publication Financial Adviser, during the 2008 banking crash. In 2013, he moved to MailOnline’s personal finance section This is Money, where he covered topics ranging from mortgages and pensions to investments and even a bit of Bitcoin. Since going freelance in 2016, his work has appeared in MoneyWeek, The Times, The Mail on Sunday and on the i news site.