When taking out insurance cover and premiums, the policy schedule should be perused extremely thoroughly. It is easy simply to sign on the dotted line without examining the policy properly and this can clearly lead to problems later. Insurance contracts are one-sided in that they are pre-written documents and the various clauses are not open for
individual negotiation. Therefore one can feel helpless and uninvolved in something that one is actually paying a fairly hefty premium for. One has only oneself to blame if it turns out that the policy is not as good or as complete as you wanted.
If that is the case then you may be able to take out a more suitable insurance from the same company or one may want to shop around and look for a company which provides policies more in line with your requirements. Another option is to keep the original policy and at the same time to look for a supplementary umbrella policy which extends your cover by filling out gaps, reducing the deductions to be applied in the event of a successful claim, increasing the ceiling on the policy perhaps to a safer amount, and maybe including risks which were not provided for in the main policy.
To do this rather than choosing a different policy altogether may be a cheaper alternative, as this sort of umbrella cover does tend to come with proportionately lower premiums than ‘main policies’. To arrange one, you will need to have an initial insurance which is not overly low or faulty and the full details must of course be supplied to the new insurer. They will not be ready to provide a safety net if it is the case that the original policy is completely inadequate as their specialism is to provide for a remote rather than a likely contingency of the first insurance not being up to the job.