Home Buildings Insurance

Home Buildings Insurance is cover that protects the actual bricks and mortar of your home. This is required insurance if you are taking out a mortgage, because the mortgage lender wants to make sure that if the property is damaged by fire, weather or subsidence, they will be able to get their money back. However, there is usually no guidance from the lender as to which insurer to use, so you are free to make your own decision about this and shop for the best deal.

There are a number of questions that the insurer will ask you in order to determine how much your premium should cost, including when your house was built, the materials used to build it, and the number and value of claims made in the past. Your home buildings insurance policy should specify the insurer's policy on replacements - will they give you an old-for-new replacement on damaged or stolen items? There are a number of other factors you need to check before proceeding with a policy – is there a time limit within which you need to log your claim for it to be considered valid, is the claims and support helpline available 24 hours a day, and are you covered for items that you take abroad? Ensure that when you are looking for a home buildings insurance policy you are totally clear on the cover that you need, and read the small print carefully as policy exclusions can be costly.

Get a Home Buildings Insurance Quote today!

Saving Money on your Home Buildings Insurance

• Buy together.  Take out a home buildings insurance quote at the same time as contents insurance and you are likely to get a much better deal from the insurer.
• Buy online.  Discounts are usually available of up to 15 per cent when you buy your home buildings insurance online.
• Use your no-claims discount.  If you have not claimed on your existing home insurance within the last 3-5 years, you could be eligible for a no-claims discount on your new policy.