If you own your own home, you’ll need to have buildings cover just in case your home is damaged and needs a repair. It’s usually a condition of your mortgage and, if you’re a landlord, it’s your responsibility – not your tenants.
Although it’s not compulsory, if you own your own home this sort of insurance should be a top priority.
Home Insurance is a broad term that covers two distinct types:
- Buildings Insurance – protects the permanent structures of your home, such as kitchens, bathrooms, and other fixtures.
- Contents Insurance – covers the belongings inside your home, including furniture, electronics, personal items, and certain types of flooring like carpets.
You can choose to purchase each type separately, or often combine them into a single joint policy with one insurance provider for convenience and peace of mind.