Do I need Home Insurance?
Whilst home insurance is not compulsory, if you have a mortgage then your Lender may insist on you securing buildings insurance cover as a condition of the loan. This is simply to ensure thatif an event occurs that results in the home being destroyed or severely damaged the rebuilding costs will be met, thus safeguarding their investment.
The means to find the money to replace everything following a loss involving buildings or contents (or both) would be a huge worry if you did not have home insurance. Home insurance provides you with security and peace of mind.
There are many questions you need to ask before deciding on which cover is best for you and it is fair to say that the cheapest isn’t always the best.
For impartial help and advice please call us on 0845 459 8801 or click here
ï Back