Home insurance protects your home and its belongings against damage, theft, or unforeseen events like fires and floods. It generally consists of two types—buildings insurance(structure) and contents insurance (possessions)—which can be bought separately or combined. While not legally required, it is often mandatory for mortgages. Key Aspects of UK Home Insurance:
- Buildings Insurance: Covers the cost of repairing or rebuilding the physical structure of your home, including roofs, walls, floors, fitted kitchens, and bathrooms.
- Contents Insurance: Covers the repair or replacement of personal items inside the home, such as furniture, electricals, clothing, and valuables.
- Coverage Highlights: Typically covers fire, theft, flood, storms, and subsidence.
- Optional Extras: Accidental damage, home emergency cover, and legal protection can often be added for extra costs.
Excellent High Networth products available.