Need help finding the right home insurance?

Home insurance should not be seen as a difficult task, but an important and necessary one. One in three people in the UK get their home burgled, yet around a quarter of all households are not protected by any form of home insurance. Home insurance can offer something for everyone with insurance ranging from homeowners, landlords and tenants insurance. Increasingly, mortgage lenders will insist that you have buildings insurance to obtain a mortgage. Below is a guide designed to help every situation suitable when looking for home insurance. Be sure to insure!

If you own a home, there are several policies that you can choose from. The first type of cover is for loss or damage. This covers damages to your building caused by numerous factors such as a fire explosion, an earthquake or lightning. It covers disasters such as storms, floods, water escaping from water tanks and criminal activity such as theft or attempted theft, this included garages and outbuildings.

The second type of cover available is a Standard Accidental Damage cover. This cover provides damage to fixed glass and sanitary fittings. This also includes solar panel units. Damage to services can also be provided. This covers accidental damage to cables and underground pipes providing service to the home. Inspection covers for drains and septic tanks is also available.

The third type of insurance is Public Liability. This covers the homeowner, should they be found legally responsible for someone getting injured on their property.

Another type of home insurance policy is one for landlords. Landlord’s home insurance is varied by nature. All landlords must have buildings insurance but contents insurance is available to a varying degree depending on how the property is furnished. There are several options available to landlords.

The first is Emergency Assistance: This covers the cost of a contractor ’s call-out up to a maximum limit for work done. However, it will not cover incidents that arise due to lack of maintenance.

The second is Legal Cover. This cover is for legal expenses to assist with issues such as tenants not paying rent, unauthorised inhabitants and failure to leave a property. The third type of cover is a Rent Guarantee: This pays the rent you are expecting if the tenant refuses to pay while vacant possession is obtained and for three months until a new tenant appears.

Sitting next to landlord home insurance is student/tenants insurance. With more people being priced out of the housing market, insurance companies have taken this into consideration and have compiled insurance for tenant’s specific needs, which differ to normal homeowners’ policy, as they do not have to insure the building, but rather the contents inside. Student possession insurance is tailored to meet the student’s needs as they often have unsecured items which are considered more vulnerable to theft. Student policies usually cover high risk items such as consoles, CD players, computers along with the standard policy of protection against fire, accidental damage and theft.

Lastly, the other types of policies to consider are building insurance cover and contents insurance. The first covers the permanent structure of your property, including the walls, windows, floors, roof, electric wiring and plumbing. In addition, the land on which the property is on is also covered. Some buildings insurance can even cover garages, greenhouses, fences and sheds.

The latter provides for items found in the home that you could take with you if you were to move. These items include furniture, electronics, decorations and personal belongings. Most policies will compensate you if these items were lost or damaged due to disasters such as floods or a fire.
So have a happy home with the right home insurance for you.