Buildings Insurance
If you have a mortgage, your lender will insist that your property (and their security) is protected by buildings insurance. It usually covers your property against loss or damage from many causes, including but not limited to; fire, flood or subsidence. Damages to parts of the building, as well as domestic outbuildings such as sheds, greenhouses and garages can be covered as well.
If you purchase a leasehold property (such as a flat in a block of flats) the freeholder may have arranged buildings insurance for the whole block, in which case you may not need your own buildings policy
Contents Insurance
It covers the loss of or damage to the contents of your home
If you have held insurance before and have not claimed on the policy then you might qualify for a no claims discount. You can also get reduced rates if you combine contents and buildings insurance or if you select a voluntary excess.
MSK has direct access to all the UK insurers and our consultants will provide you with a tailor made policy for you