What Do the Different Parts of a Home Insurance Quotation Actually Mean?

Comparing home insurance quotes can be challenging to the untrained eye as they often consist of many different parts. How do you know which parts you need and which ones you can leave out? Most people want their home insurance to be as cheap as possible, but they still need comprehensive cover. Here is a guide to what the different parts of your home insurance quotation mean.

Buildings and Contents Insurance

Home insurance house
Buildings and contents are the basic components of a home insurance quote. The contents are the things you take with you if you move, such as clothes, books, and furniture. Your buildings insurance items would not fall out as they are stuck to your home, a fitted kitchen or a front door are good examples of this.

It is worth noting that if you live in a flat you may not need to take out buildings insurance because this is likely to be covered by your lease, but you need to check your lease details to make sure.

Accidental Cover

This is important to have as nobody damages their property on purpose and it is one of the most likely things you will need toclaim against. Always include this when making a home insurance comparison. There are plenty of sites that will compare the market for you and make sure you are getting the best deal available. There is only one form to fill in for results.

This section is what you would claim if you spilt red wine on your cream carpet or got nail varnish on your sofa.

Home Emergency

Home insurance emergency plumber call out
This will cover you for things such as if you have a flood in your home and need to call out an emergency plumber. Those emergency tradespeople can be difficult to get hold of, and you may find yourself ringing around in a crisis. If you have this insurance, then you only need to call one number and your insurance company will send someone round to sort the problem out.

Legal Protection

Home Insurance Legal Documentation
Legal fees can run into many thousands of pounds, so it is worth adding this to your policy. This will cover you for things such as neighbourhood disputes rather than general legal matters such as getting divorced or probate, but it is worth having.

Property Outside the Home

You may not need this depending on what you are likely to take with you when you leave the house. It will cover you for personal possessions such as your wallet and up to a certain amount of cash, your phone, and any jewellery you are wearing such as a wedding ring. Think about what you are going to leave the house with before you decide to include or discount this.

Individual Items

You can insure your individual items separately if they are worth more than a certain amount,which is decided by the individual insurance company. It is worth considering if you have an expensive engagement ring or family heirlooms but if you do not have items that are not worth a large amount of money, you do not need it.

Hopefully, this has helped you to understand the main components of a home insurance quotation. Deciding what you need and don't need can be tricky, so seek professional advice if you need to.

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