Introduction | Homeowners
| Buildings insurance |
Contents insurance | Level of cover
| Costs of cover |
Choosing a policy | Making a claim
| Tenants insurance | Landlords
insurance
Introduction
Around a quarter of UK households are not protected by any form
of household insurance. That is despite the fact that over 1 in
3 of us will get burgled at some point in our lives. Not to mention
the damage that fire, storms, flooding and other catastrophes can
cause.
Around six million households are throwing themselves open to
severe financial loss in the event of burglary or some other nasty
occurrence. Household insurance provides varying levels of cover
against such unhappy events.
Homeowners should have cover for both their building and the contents,
though leaseholders in a block of flats often have a shared buildings
insurance policy which is normally sufficient.
For tenants
Normally, the insuring the structure of the building is not the
tenant’s responsibility, so a contents—only policy will
usually suffice.
For landlords
Landlords need to have buildings insurance and contents cover, though
the contents element may be limited if the property is let unfurnished
or part furnished. Specialist landlord policies can also offer cover
for legal expenses, rent guarantee and emergency assistance.
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