Home and contents insurance can be taken separately, as home insurance and contents insurance, but there are good reasons to have both.

What am I covered for?

Contents insurance covers the things that can be moved such as furniture, white goods, the contents of your shed and, on some policies, personal possessions when you’re not in your house. By contrast, home insurance covers the actual building with fixtures and fittings like the kitchen units and carpets, as well as the bricks and mortar.

When can I claim?

Both home and contents insurance policies cover a variety of situations which could result in the need to repair or replace your property or possessions. Home and contents insurance protects policy holders from the potentially huge costs incurred as a result of accidental damage to their property, which could be a fire, burglary, extreme weather damage plus a range of other unpredictable events.

Which is better, home insurance or contents insurance?

Both home and contents cover insure against what can be huge and unexpected bills. It is worth having home and contents insurance and it can be financially beneficial to do so.

If you’re in the market for insurance, buying home and contents insurance together can save you a significant amount on the premiums. Some insurance providers offer a discount if both policies are taken out together.

Get a good deal

Ensure that the level of cover is as good as the deal if you buy home and contents insurance together. A fantastic saving isn’t so good if you’re not covered for the essentials.

Check what is included in your policy. Are repairs organised on your behalf? Does the policy holder have to pay for repairs or replacements up front and claim the cost back from the insurer? (This can be costly so it’s advisable to avoid unless you have the capital set aside for such an event). Does the insurance provider have an accessible service, like 24 hour support? Is repair work guaranteed? After all, you want to relax once your home is fixed up again.

Find out more about home and contents insurance.