Information: Introduction

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Introduction

If you have just bought your house, or you're still paying a mortgage, you will probably find that you're mortgage lender will insist you have adequate cover should anything happen to the house. The mortgage lenders will normally only insist you have buildings cover so if the house was damaged beyond repair or destroyed your insurance will cover the cost of rebuilding. Get Quote >>

Always remember you are not tied to any one insurance company, it is always best to shop around. Just because an insurance company has given you a well-priced policy in the past it doesn't mean their current policy offer is competitive.

Some sales people will tell you it is compulsory to have both contents and buildings insurance. Strictly speaking, both building and contents insurance are optional, but your mortgage lender will normally insist that you have buildings cover so if the house was damaged beyond repair or destroyed your financially covered. If you have brought a house for £90,000 and you are a millionaire then its fine as you can afford the rebuild cost. But if you are like me and can only just afford the mortgage payment then you will need to have buildings cover. Contents cover is not essential, but remember that you've worked hard for the possessions in your home and if you lost it all it could take you a lifetime to replace it.

Opportunist thieves commit most burglaries. In two out of ten burglaries they don't even have to use force - they get in through an open door or window. Follow the link to our advice guide below to find out more information.

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