Home insurance
There are two main types of Household Insurance:
Contents
Contents insurance covers the contents of your home including your furniture, electrical goods and appliances, carpets, curtains, food, clothing and personal effects. In fact every thing you take with you when you move home.
There are two types of cover offered under contents insurance:
1. 'New for old' where the full cost of replacing or repairing is met by the policy.
2. 'Indemnity cover' is where a deduction is made for wear and tear and depreciation.
Loss and damage is covered by both policy's in the event of a fire, explosion, flood, theft, earthquake, riots, storm and flood damage, vandalism and other malicious acts.
If you are looking for contents insurance click here for today top ten contents insurance providers or for a free no obligation quote click here to make an online enquiry now.
Whatever type of insurance you are looking for, you will normally get a discount if you buy combined building and contents insurance. Other ways to reduce your premiums is through home security fittings such as window and door locks, lighting and alarms.
The most popular insurers in the UK include Barclays, More Than and Norwich Union. You can get a quote by clicking on the providers below.
Buildings
Buildings insurance covers the structure of your house including any permanent fixtures and fittings including your toilets, bath, fitted kitchen and fitted bedroom furniture such as wardrobes. Some policies also cover your garage, greenhouse and garden sheds including walls, fences and drives. Be careful to check the small print when choosing your home buildings insurance.
Only homeowners and people with leased property need to buy buildings insurance, if you rent your home, then your landlord should provide the buildings insurance cover for your home.
Please note when considering buildings insurance you need to insure the cost of rebuilding, not just the value of your property.
Premiums are usually lower for detached houses, and higher for terraced houses and flats. Ask your mortgage-lender how much to insure for when you take out your mortgage or loan. Alternatively ask a surveyor.
Generally building insurance covers fire, flood, water damage and other hazards. Vandalism or other malicious acts, may also be included. Accidental damage is usually an optional extra.
If you are looking for building insurance click here for today top ten buildings insurance providers or for a free, no obligation quote click here to make an online enquiry now.
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