Home Insurance for Properties In North Devon
Your home is probably the largest investment you are going to make and the most asset you will own. It is vitally important to put in place the correct insurance to protect it.
Buildings insurance – This provides cover for the structure of the property such as the walls, foundations, and roof as well as fixtures and fittings such as fitted kitchen units and bathrooms. You can add accidental cover to this insurance to take care of those unexpected accidents that happen in and around the home such as the drill through the plumbing!
Contents insurance – This covers all the items that make your property a home. From furniture and soft furnishings to white goods as well as your personal possessions such as clothes, jewellery, phones, and computer equipment. You can also cover your personal belongings outside of the home; ideal if you travel with certain items or take them with you to another place. Again, you can add accidental cover to take care of those times such as the spilling of the red wine on the carpet!
Tenants insurance – Tenants do not need buildings insurance as the landlord is responsible for this area of cover. However, tenants do need a wider cover than a standard contents policy to protect their possessions where it may not be protected under the landlord’s buildings policy.
Combined policy – A combined policy provides cover for both the external building and what you keep in it and is often less in cost than having two separate policies. If you live in rented accommodation however you will typically only need contents insurance as your landlord will cover the cost of the buildings cover.
Getting the right kind of cover
It can be difficult to know the exact amount of cover you will need to insure your home and its contents. There are optional extras to consider such as accidental damage, personal possessions away from home, legal expenses, and home emergency cover.
Call us at Aspire Financial Services for a free 30-minute consultation.