So, you need to arrange your home insurance. Trying to decide what needs to be covered on your policy, ensuring you have thought of everything... it can feel like information overload.
But don’t worry. We’re here to help you understand the different policies, and then compare them to find one that meets your needs – at a competitive price.
Types of home insurance
There are three main types of home insurance. They are: buildings insurance, contents insurance, and combined buildings and contents insurance.
Buildings Insurance: insures your buildings, including walls, windows and roof as well as permanent fixtures like baths, toilets and even fitted kitchens. It often also includes other buildings such as sheds, garages and greenhouses.
Contents Insurance covers all of the possessions within your home, including appliances, furniture, jewellery and clothes etc.
Combined buildings and contents insurance does as its name suggests and covers both. There are benefits to having a combined policy – if you need to claim you’ll only be dealing with one insurer and one policy. This could make things more straightforward should something major go wrong, and they can often work out cheaper too.
Most insurers offer “add-ons” (extra cover options) in exchange for additional charges on your premium. For example, a standard policy might charge you an extra £20-£100 to add accidental damage cover to the policy. Other add-on features include home emergency cover, legal expenses cover, identity theft cover and legal liability cover. Some of these features may also be included within your home insurance policy.
Accidental damage cover
Accidental Damage Insurance is a popular add-on with many homeowners. There might be some limited accidental damage insurance cover included within a standard contents insurance policy. But it may be wise to look into extending that cover with home insurance damage as an add-on to your policy. For example, a standard policy might insure your stereo against accidental damage but not your carpets and furniture. If you have young children it may be invaluable, in the event of blackcurrant squash on your cream sofa,or you spilt paint on your carpet. After all accidents do happen. Just remember to check how much extra this will cost.
Accidental damage home insurance can also be added to your buildings insurance as well. This will cover the cost of a ball through the window when next door’s little angels are taking that penalty kick. It won’t however cover problems due to lack of maintenance, these are still your responsibility, so you still need to clean those leaves out of the gutters and sweep your chimney. It’s worth your while to keep your home in a good state of repair.
Compare and save
So remember to weigh up the pros and cons to you of having accidental damage cover in the event of something going wrong. There’s extra expense on one hand but peace of mind on the other.
But if you do think you need accidental damage cover compare home insurance with us and you should find the right policy at the right price for you. Click above to get started.