When it comes to protecting your home and its contents, having the right insurance is essential. Buildings and contents insurance not only safeguards your property and belongings but Buildings Insurance is also a requirement for obtaining a mortgage. 

​

What Is Buildings Insurance?

​

Buildings insurance covers the structure of your home, including the roof, walls, floors, and permanent fixtures such as fitted kitchens and bathrooms. Think of it like this, if you turn your home upside down, the stuff that wouldn't fall out, counts as the "Building".

 

This type of insurance protects against damage from events like fire, floods, storms, subsidence, and vandalism.

​

Why is it Important?

​

• Mortgage Requirement: Mortgage lenders require you to have buildings insurance in place as a condition of your loan. Without it, you won’t be able to complete your mortgage application.

​

• Protection Against Major Damage: Buildings insurance ensures that you’re covered for the cost of repairing or rebuilding your home if it is damaged or destroyed by an insured event. This can save you from significant financial hardship.

​

• Peace of Mind: Knowing that your home is protected allows you to have peace of mind, knowing that you won’t face huge out-of-pocket expenses in the event of a disaster.

​

Contents Insurance: Protecting Your Belongings

​​

Contents insurance covers the items within your home, such as furniture, electronics, clothing, and personal possessions. This policy protects against theft, damage, or loss caused by incidents like fire, flood, and burglary.

​

Why is it Important?

 

• Financial Protection: Replacing personal items after a disaster can be costly. Contents insurance provides financial protection to replace or repair your belongings, ensuring you’re not left out of pocket

​

• Comprehensive Coverage: This insurance covers a wide range of items, often including valuable items like jewellery, artwork, and high-tech equipment. Some policies even offer additional coverage for items outside the home

​

• Peace of Mind: Knowing your belongings are protected allows you to relax and enjoy your home without worrying about potential losses

​

Many insurance providers offer combined buildings and contents insurance policies. This comprehensive coverage simplifies the process and can often be more cost-effective than purchasing separate policies.

​

Buildings and contents insurance are essential for protecting your home and belongings. Buildings insurance is a requirement for obtaining a mortgage, providing critical protection against major structural damage. Contents insurance ensures your personal items are covered, offering financial security and peace of mind. Together, these policies provide comprehensive protection, allowing you to enjoy your home with confidence.

​

Ensure you have the right insurance in place to protect your investment and give yourself peace of mind. Contact Christine Paton Mortgage Solutions today for expert advice on choosing the right buildings and contents insurance for your needs.

​​​​