It is essential to protect such a valuable asset such as your home.
Just imagine if it were completely destroyed through fire, flood or an explosion – it would have to rebuilt from the ground up.
If you own your own home or own a property, which you rent, it is mandatory (most mortgage lenders make it a condition of lending) that you have buildings insurance in place. Therefore, if the worst were to happen, they’d be able to recover their losses.
It’s a legal requirement to have home insurance in place, so let us help you do it properly.
Buildings insurance is put in place incase of unfortunate events.
Although all insurance policies vary, generally you’ll be able to make a claim if your property is damaged by unfortunate events; these include but are not limited to, things such as:
- Fire damage
- Storms
- Flooding
- Rainwater
- Burst pipes
- Theft / Vandalism.
Home Insurance : Contents Insurance
Contents insurance covers all the personal possessions inside your home in case they’re damaged or stolen. That includes, furniture, electrical appliances, personal belongings, jewellery and some types of flooring, including carpets.
Unlike buildings insurance, it’s personal preference as to whether you take out contents insurance. However, if you were burgled or had everything destroyed as a result of fire or flood, could you afford to replace everything?
You can insure your building and contents separately however; many homeowners often choose to buy their buildings and contents insurance together. It keeps everything simple and can also help to keep the cost down.
It’s so important that you to have enough cover to adequately protect your property, it’s also important to make sure you’re not paying for cover you don’t actually need.
For insurance business we offer products from a choice of insurers.
Home Insurance FAQs
Home insurance covers you financially in the event of damage to your property. It covers both the costs of any repairs needed and the cost of stolen/damaged items.
Building insurance is a requirement when you have a mortgage on a freehold property. If you are buying a leasehold property buildings insurance isn’t needed but contents insurance is recommended.
The average cost of both home and contents insurance, according to Money Super Market, is £11.66 a month, or £2.69 a week.
