Building & Contents Insurance is a type of home insurance that protects your property and belongings against loss or damage. It usually comes in two parts, Buildings Insurance and Contents Insurance, which you can buy separately or as a combined policy.
Buildings Insurance
What it covers:
- The structure of your home: walls, roof, floors, fitted kitchen, bathroom, etc.
- Permanent fixtures and fittings, like built-in wardrobes and plumbing.
- Damage caused by things like: Fire, flood, storm, or subsidence, Burst pipes, Vandalism or vehicle impact
Who needs it:
- Homeowners and landlords (it’s often required by mortgage lenders).
- Not usually needed by tenants the landlord should cover the building.
Contents Insurance
What it covers:
- Your personal belongings, things you’d take with you if you moved: furniture, clothes, electronics, jewellery, etc.
- Covers damage or loss due to: Fire, theft, flood, or accidental damage (if included).
Who needs it:
- Everyone living in a home, including tenants, since the landlord’s insurance doesn’t cover your possessions.
Combined Building & Contents Insurance
This bundles both policies together, making it convenient and often cheaper than buying them separately
How to Get Building & Contents Insurance
All Buildings & Contents Insurances are offered by Insurers based on the property structure, property type, year build and value of contents being covered. When comparing quotations, you will need to consider the following:
Decide what level of cover you need:
Whether you’re a homeowner or a tenant, the level of cover you require may differ depending on your circumstances. Speaking to a dedicated Insurance advisor can help in finding the right solution for you.
Provide details:
Property type, rebuild cost (for buildings), value of belongings (for contents), security measures, and location are all factored in when choosing the right cover.
Choose your cover options:
- Standard vs. accidental damage
- Personal possessions cover (for items outside the home)
- Alternative accommodation (if your home becomes uninhabitable)
Things to consider:
- Check the excess, limits, and exclusions before buying. This can vary depending on your circumstances.
Get Professional Advice
Choosing the right Insurance policy can feel daunting, but you don’t have to do it alone. Speaking with an Insurance advisor can help you understand your options and find a product that fits your budget and long-term plans.
At Morrow, we have expert mortgage advisors who are here to help and find the best solution for you, we work with Insurers across the whole market, so we can compare a wide range of products and help you make an informed decision with confidence.
