What is Home Insurance?
Updated 7th January 2020
Home cover is a type of insurance that combines both Buildings and Contents into one combined policy. It’s designed to cover the cost of having to rebuild your home, should it be damaged or destroyed, as well as covering the cost of replacing your belongings if they are lost, stolen or damaged.
The buildings element is designed to cover the cost of damage to the structural elements of the property. The contents element is designed to cover the cost of replacing your contents. Most people tend to take a combined Home Insurance policy as the difference in premium is negligible, but it does depend on the individual.
Do you need Home Cover?
If you plan on purchasing a property with a mortgage, it is usually a condition of the lender for Buildings Insurance to be in place ahead of completion.
As the buildings element is only one part of Home Insurance, officially you wouldn’t need Home Insurance. However, as mentioned above, the difference in cost between a standard Buildings policy and a combined policy is negligible.
Most underwriters will offer a discounted rate to take both the Buildings & Contents combined, rather than two separate policies.
Type of Locks
Mortise Lock 5 or More Levers
3 Bolt Multi Point Locking System
Rim Lock Automatic Deadlock
Why choose MAIN for Home Cover?
We have access to exclusive rates and offers with certain underwriters, helping you to save time and money. It is part of our service when applying for a mortgage through MAIN, to arrange a Buildings & Contents Insurance quotation for you.
However, if you have not arranged a mortgage with M.A.I.N, we can still help save you time and money on your Home cover.
Simply click through our online questionnaire, to see how we can save you money and improve on the current terms you have in place.
Once you have completed the quotation, we will send you an email with the best priced providers along with the key features for you to compare. We will also follow up with a call to discuss your options with you.