What’s the difference between buildings and contents insurance?
Home insurance is made up of two parts: buildings and contents cover. Buildings insurance covers the structure of your home (the roof, walls and windows) and permanent fixtures and fittings, such as fitted kitchen units and bathroom suites.
The contents section of your home insurance policy covers your belongings – anything you’d take with you when you move, such as curtains, bedding, clothing, your TV, and non-fitted carpets and rugs.
By this reasoning, you’d probably assume that your carpets would be covered under your buildings insurance – after all, they’re nailed down. But confusingly, fitted carpets are a bit of grey area (no matter what colour they are!). Most providers will cover them under contents insurance. Laminate, wood and tiles are covered by the building insurance but carpets are covered by contents insurance in the event of a flood, fire or vandalism. If you want cover for accidental spillage for example then you will need an additional layer of cover called accidental damage.