Protect your property with home insurance
Whether you are obtaining a mortgage or already have one, having adequate buildings insurance is not only advisable but often a requirement set out by your mortgage lender. In the case of leasehold properties, such as flats, buildings insurance is usually covered as part of the service charge.
By securing adequate home insurance coverage, you protect your property and belongings. Choose the peace of mind that comes with insuring your home and contents, and ensure the safety and security of your most valuable assets.
What Is Buildings & Contents Insurance?
Buildings insurance provides crucial protection for the structure of your house, including the roof, walls, floors, and certain fixtures and fittings like bathrooms and kitchens.
In the event of damage, such as a burst pipe leading to water damage or a kitchen fire, buildings insurance would provide the financial protection needed to repair or replace these essential components. No matter what happens, buildings insurance guarantees your property’s resilience.
Accidental Damage Cover
Unanticipated damage to your home or belongings can be financially burdensome. Accidental damage cover can help alleviate this concern. This type of policy covers sudden damage resulting from unexpected and non-deliberate external actions. For instance, if you accidentally spill red wine on a brand-new cream carpet, the policy would assist in covering the cost of cleaning, and the insurer may even offer to replace the damaged item.
Contents insurance protects the personal belongings, furniture, valuables, and electrical equipment within your home. It defends these items against various risks, including theft, damage, and loss.
When considering home and contents insurance or house and contents insurance, it is essential to find the best policy for your needs. You can request a home and contents insurance quote to compare coverage options and choose the most suitable plan for your property.
If you are a home owner, most mortgage lenders will insist you have Buildings Insurance in place to protect their investment.
No – unless it’s a specific requirement of your mortgage contract. By being the only insurer offering you buildings cover when you’re arranging your mortgage, there’s less need for them to competitively price your insurance policy
The Mortgage Bubble has access to providers across the market to give you the most competitive comprehensive cover.
As a rule of thumb, anything you’d take with you if you moved house should be included on your contents policy – including items like curtains and carpets.
It’s worth taking the time to go around your house from room to room and putting a reasonable value on everything.
It’s easy to underestimate the value of your contents, but it’s important to make sure you’re not underinsured.