Household insurance
Household insurance
Around a quarter of UK households are not protected by
any form of household insurance. That is despite the fact
that over 1 in 3 of us will get burgled at some point in
our lives. Not to mention the damage that fire, storms,
flooding and other catastrophes can cause. Around six million
households are throwing themselves open to severe financial
loss in the event of burglary or some other nasty occurrence.
Household insurance provides varying levels of cover against
such unhappy events.
There are two basic types of household insurance that
it is advisable to take out to protect your home.
Buildings insurance
This protects the basic structure of your home, such as
the walls, roof and foundations.
Contents insurance
This protects your belongings and possessions that are
not part of the fabric of your house.
Many people get their buildings insurance in with their
mortgage and usually have an option to get contents insurance
as well. Oddly enough, when the two are purchased together,
you end up with one policy called…buildings and contents
insurance.
Read through the sections listed at the top of the page
and you should then be well-equipped to go out and find
good value household insurance that covers you for everything
you need it to.
