Although often grouped together, Buildings & Contents insurance are actually separate entities. Our expert advisers will talk you through the cover you need throughout your mortgage process.
Buildings insurance covers the cost of rebuilding or repairing damage to your property, other than that arising through normal wear and tear. This includes permanent fixtures and fittings, such as built-in kitchen units, bathroom suites, toilets and built-in cupboards. Most policies will also cover any outbuildings, such as a garage, shed or greenhouse.
A good policy will insure your home against a range of risks, including;
Fire, smoke, lightning and explosions
Storm and flood damage
Burst pipes and other incidents of water leakage
Subsidence, heave or landslip
Vandalism or third party damage
Falling trees or branches
Theft or attempted theft
Contents insurance generally covers anything that isn't a fixed feature of your home, or to put it another way – the things you take with you when you move.
So, a standard contents insurance policy should cover the following items;
Household goods and appliances like cookers, fridges, televisions and computers
Furniture and furnishings such as beds, sofas, curtains and carpets
Valuables such as jewelry, watches, mobile phones, cameras and works of art
Personal belongings such as clothes, shoes and bags.
How we can help
Our expert advisers are here to help you understand the amount of cover that you will need for your home, as most lenders require buildings & contents insurance to be in place before completion can take place, it's vital to have the correct cover.
To understand more about Buildings & Contents cover, ask your adviser or read our Understanding Buildings & Contents article on the Resource Hub.
As part of your mortgage process, your adviser will talk you through the most suitable cover for your needs, ensuring you get the best deal possible. The arrangement of Buildings & Contents cover is exclusively for existing clients of White Mortgages Ltd.