Flat Insurance
Flats may be smaller properties but there are still many items inside that are of great financial worth to you. Having the right flat insurance is important, if your flat was to be damaged by fire or if it was broken into, having the right flat insurance can enable you to make repairs to the buildings and fund replacements for your contents.
Your flat is very important to you and we here at comparethemarket.com want to help you find a great deal on your flat insurance to make sure that you are financially protected in the event of needing to claim.
Types of Flat Insurance
In most cases you will need to make sure that your flat has both buildings insurance and contents insurance cover. Buildings and contents insurance policies can either be bought together or separately.
Tenants contents insurance for your flat
If you rent your flat, your landlord will typically take out buildings insurance as part of their landlord insurance. You will typically still need to take out tenants contents insurance for your possessions in the flat. Circumstances vary so check that you have the cover that you require.
Live in the flat your own
If you live in the flat your own, your flat is probably leasehold. As a leaseholder you may pay ground rent to the freeholder. It may be that the freeholder takes out buildings insurance for the group of flats. Check with the freeholder if they take out this cover and the level of cover provided. Buildings insurance does not only include cover for the wall and roof construction of the property but also items such as kitchen and bathroom fittings in your flat. Whether you need to take out buildings insurance for your flat, you will typically require contents insurance. Contents insurance will not only include your personal possessions but also items such as carpets.
Let out your flat
If you let out the flat you own, a landlord insurance policy can be in most cases tailored especially for you and your properties so you have the right cover you need. If you are not the freeholder, it may be that the freeholder takes out buildings insurance for the group of flats. Check with the freeholder if they take out this cover and the level of cover provided.
Carefully reading the insurer's details will make sure that your flat has the proper cover it needs so in the event of a claim you do not find out that your policy does not cover everything you thought.
Flat Insurance Comparison
By using comparethemarket.com you can compare flat insurance in minutes to find the right price for you and a policy that suits all your needs. Select the button below to start a quote now. After completing a few personal details, you will be asked about details about your property. For 'Type of property' there are several options to select including 'Flat - ground floor', Flat - top floor' and 'Flat - other floor.' After a few steps you will get to the price comparison table and will be able to compare policy prices and features from a range of providers that can offer flat insurance.
Flat Insurance - Contents Cover Optional Extras
You will be able to include personal possessions cover in your flat insurance quote for an additional premium. This is cover (both in and away from home) for your personal possessions that can be taken outside the home such as your jewellery, camera, iPod or handbag. You will also be able to add further optional cover to your flat insurance including accidental damage cover for the contents. For an additional premium, accidental damage cover provides all the cover of standard contents cover plus full accidental damage to your contents. Accidental damage is defined as something which is both sudden and unexpected, such as spilling wine or paint on a carpet, or dropping a vase. Accidental damage cover is not available where children are minded at the property. The type and level of cover may vary between providers. Check the policy documents for the cover that is provided and the terms & conditions.
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