What does home insurance cover?
Typically, there are two kinds of policy, and you can choose either one or both of these based on your needs:
Buildings cover insures your bricks and mortar against fire, flood and subsidence damage. Cover could include:
- The building itself (including the roof)
- Any fitted fixtures
- Garden sheds
- Some policies could include boilers as well
Contents cover protects your belongings against problems like theft, damage and loss. This could cover:
- Your gadgets (laptop, smartphone, TV)
- Your furniture e.g. bookcases, wardrobes, sofas
- Clothes and jewellery
- Family heirlooms and antiques
Not sure how much your belongings are worth? Check out our handy contents calculator.
Why would I need it?
Although it's not a legal requirement, some mortgage lenders may insist that you have at least a buildings insurance policy in place.
If you're a tenant, your landlord is usually responsible for insuring the building itself, but not your belongings.
- Around two in every 100 households in the UK were victims of burglary in 2013
- The average value of items stolen has increased 40 per cent over the last three years.
With that in mind, it could be worth considering a contents policy to protect your personal possessions against loss or theft.
Why should I compare home insurance quotes with Confused.com?
We do our best to make sure that you get our best prices from some of the best brands in the market.
With over a decade of experience in the industry, we want to share our expertise with you to make sure that protecting your home doesn't cost the earth: