Your home will be your most important asset. Not only is it a place where you will spend a large portion of your life, but it also contains all of your prized possessions. For people who have diligently renovated their new flats, their home also contains many months of blood, sweat and tears. This is why it's so important to make sure your home is fully protected. However, since home contents insurance is an optional purchase, people may not look into policies as diligently as they would for other forms of insurance. Unfortunately, this can lead to losses of thousands of dollars as well as thousands of dollars in out-of-pocket costs. To help homeowners unnecessary costs, we broke down 4 major mistakes you can make with your home insurance policy. 1. Underinsuring One of the costliest mistakes you can make when it comes to your home contents insurance is under-insuring....