What is contents insurance?

Contents insurance provides customers with insurance for their contents of their home, and contents insurance makes up the most common part of a home insurance policy. Contents insurance looks after all your belongings, as well as your carpets, furniture, curtains, lampshades and nearly everything else in your house, shed and garage.

What is buildings insurance?

Buildings insurance is the second most common element of a home insurance policy, and provides customers with insurance for the structure of their home, as well as any built in elements, like the kitchen units and worktops, bathroom suites and built in wardrobes. Buildings insurance also includes any external structures, like your garage and shed, as well as gates fences and walls around your property.

When do I need contents and buildings insurance?

You need to insure the elements of your home you are responsible for. If you own your own home, then you’ll need both buildings and contents insurance, but if you rent your home then you’ll only need contents insurance because your landlord will be responsible for buying buildings insurance for the home.

How much notice do I need to give to cancel home insurance?

Most home insurance policies run for a year, so if you want to cancel your policy during that year, you’ll often have to pay a cancellation charge, which will typically be around £50, but will vary from insurer to insurer.

Do home insurance companies cover rewiring your home?

If your home is damaged by fire, vandalism, water or storm damage or flooding and the electrics have been severely damaged, then your home insurance company will rewire your home as part of the repair work they authorise. Rewiring will be covered as part of a buildings insurance policy.

Do you have to have a survey of your home to get home insurance?

Home insurance companies will usually offer you home insurance based on your postcode, and the details you give regarding the number of rooms, windows, doors and the type of security locks and alarms you have in your home. They will very rarely want to come out to your home to carry out a survey before offering home insurance.

How much does home insurance cost?

Home insurance is not expensive, with the contents insurance element costing less than the buildings insurance element. Every customer will pay a different amount for their home insurance based on the value of their belongings, the value of their home and the number of rooms, windows, doors and the security measures they have in place. The location of a home will also influence the cost of home insurance.

How do home insurance reimbursements work?

When you make a home insurance claim, you will be reimbursed for the contents you have lost, or for the cost of repair work that has to be carried out. Often you will find that the insurance company will pay those carrying out the repairs direct, whilst they will give you vouchers or cash to pay for replacement belongings, depending on the size and type of the claim.

How does boiler cover work?

Boiler cover can be added to a home insurance policy and offers viral financial protection for a customer’s boiler. Boiler cover will pay for any repair work, or the replacement of a boiler if it breaks down, and with boiler replacements costing thousands of pounds and repairs costing hundreds of pounds it’s vital to make sure you are covered.

What about multiple births insurance?

Multiple Births insurance provides customers with insurance against multiple births, and will pay out a lump sum payment to a customer who has twins, or more, because of the added pressure on finances twins can bring. With double the cost of child care, clothes, nappies, cots and everything else it’s important to be covered if you are trying for a baby and have twins running in the family.

How does appliances warranty cover look after my appliances?

Appliances warranty cover can also be added to a home insurance quote, and will increase the length of all appliances warranties to run the length of the policy. Even if your washing machine has been out of warranty for five years, it will still be covered by appliances warranty cover, subject to the individual insurance company’s terms and conditions.

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