Introduction | Homeowners
| Buildings insurance |
Contents insurance | Level of cover
| Costs of cover |
Choosing a policy | Making a claim
| Tenants insurance | Landlords
insurance
Buildings insurance
Buildings insurance is designed to give you financial protection
against damage to the structure and fabric of your home. This usually
includes any external parts of the property such as your shed, garage,
conservatory or greenhouse.
Your buildings insurance allows for the provision of funds to rebuild
your home in the event of it being totally destroyed or damaged
to the extent that complete rebuilding is the only way to make it
inhabitable.
It also covers you against damage caused by events that are beyond
your control. This usually includes:
- storm and flood damage
- burst pipes and other incidents of water leakage
- fire, smoke and explosions
- subsidence
- vandalism or third party damage
It is important to note that different policies can provide cover
for differing events. Never take anything for granted and always
read the small print. If you feel unsure about understanding the
terms, always ask the insurer directly or ask your solicitor to
have a look at the policy and explain it to you.
Aside from the basic structure of the house, the policy should
cover your windows, roofing, kitchen and bathroom, floors, electrical
wiring and plumbing against damage caused by one of the listed events.
Fittings and furnishings are usually covered under your contents
insurance.
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