Protects your property against the consequences of fire, flooding, subsidence, storms or criminal damage and is a requirement of mortgage lenders and equity release providers.
Most policies offer standard terms so make sure that the level of cover is sufficient to meet the cost of rebuilding your home.
Protects you against the loss/damage of your possessions in your home and sometimes away from your home.
As with buildings insurance, most policies carry standard terms.
What to consider:
Those with an investment property sometimes have a standard buildings insurance policy and have not checked/advised the insurer that it is to cover a rental property.
Always ensure that your policy will protect you, contact us to find the best one for you.