There are two main elements to home insurance – buildings and contents. The buildings insurance protects the structure of your property against loss and you will need to know the rebuild value of the property for complete cover. That way if a fire burns it to the ground, you can afford to get a new property built by your insurers.
The contents insurance protects everything inside the property. From sofas to sandwich makers and computers to chairs, you need to make a list and ensure that your insurance will replace everything in the event of the all-consuming fire.
Most people buy buildings and contents home insurance at the same time and that helps save them money. To have a panel of insurers fight for your business and buy online instantly, get a quote from The Property Insurer now.
If you own a home then you should have home insurance. If you have a mortgage on your home, then you are required by the contract with the lender to have insurance on your home. Either way, home insurance makes sense.
Your home and all its contents are probably the most valuable things you own. Total up the costs and it would take years or decades of work to replace everything if you lost it. So protecting it with a low cost home insurance policy just makes sense.
With policies costing on average just £220 for buildings and contents insurance, the cost compared to the benefit if you need it is tiny. Make sure you are financially protected; I know if I lost my home without insurance I would be wiped out. That’s why I have good home insurance.