A Simple Guide To House Insurance

By Author: Anastacia Kriegh
Total Articles: 11
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When you are looking to insure your home you can do so with one or both of the following types of house insurance cover - buildings insurance and contents insurance. Buildings insurance covers the building structure itself and is essential insurance for home owners. Contents insurance covers the cost of replacing the possessions you own within the home, and this is an important insurance for renters.

Those who rent do not have to worry about buildings insurance, but for homeowners buildings insurance is an important way to ensure that you can afford to repair any damage that may occur to your home, including the cost of rebuilding the whole structure if it is required.

The majority of mortgage providers will insist that you have buildings insurance as part of the mortgage agreement, as if your house were to burn down, and you weren''t insured, the lender would lose the security on the large amount of money they have lent you.

You should aim to purchase enough buildings insurance to cover the cost of rebuilding your entire property ideally, and not the standard market value of your property. Policies vary ...
... as to the amount of cover they offer, with more expensive policies offering you a larger amount of cover.

Before you purchase any buildings insurance policy, read it through carefully so that you know exactly what is covered. Many policies will not cover damage caused by outside events like storm and flood damage, fire damage, as well as burst pipes and subsidence.

If your home becomes so damaged as to be inhabitable, then you will need to search for an alternative place to stay. Some policies will include the cost of your alternative accommodation so look out for this helpful aspect of buildings insurance when you go hunting for your next policy.

Buildings insurance includes cover for permanent fixtures and fittings such as fitted kitchens, baths, toilets, cupboards, and some interior decorations, as well as the building itself. As a rule, if something cannot be removed and taken with you to a new home, it will be covered by your buildings insurance policy.

Look for policies that offer the added cover of garden items. Many policies will no offer to cover outhouses like sheds, garages and greenhouses as standard. However, most will not go so far as to cover garden fences and walls as standard. Anastacia Kriegh chose the right house insurance policy with Kwik Fit Insurance. Anastacia Kriegh has been writing about them since.