Call: 0845 029 1962
Buildings and Contents Insurance
Buildings insurance for your home not only provides you with vital peace of mind but it is also a requirement of your mortgage lender. For this reason, a policy may need to be taken out quickly once a mortgage offer is accepted and, with so much else going on, it may not get the attention it deserves. Whether you own or rent your home, contents insurance is just as vital. With record claims for floods and with burglaries being a sad fact of life, buildings and contents insurance is a necessary expense.
When taking out buildings insurance you should be covering them for the "reinstatement" or "rebuilding costs" or ensuring that the policy taken has a guaranteed level of cover at least to this level. I recommend that all my clients include accidental damage in their building insurance, although I will give you a quote without if you would like to compare the premiums.
Time and time again, I have found that by looking at the providers I deal with, I can undercut the rates offered by the mortgage lenders' own insurance policies. However, cost is not the only factor which needs to be considered: the quality of service in event of claim; the level of cover provided; the ability to pay annually or monthly without a credit agreement; these are all factors of equal importance. I also recognise that each one of my clients is unique and I will therefore try to tailor your policy to suit your individual needs, discussing the level of cover you will need for each aspect of your policy.
Covers Available
Buildings
Covers the cost of rebuilding your home in the event of peril, fire, lightning or flood.
Contents
Covers the replacement of lost or damaged contents of your home.
Accidental Damage
This cover can be included for both buildings and contents for an additional cost. An example of a buildings accidental damage claim would be if you put your foot through the ceiling whilst in the loft, and an example of a contents claim would be if you spilt a pot of paint on the carpet.
All Risks
This extension provides cover for personal effects taken out of the home e.g. an engagement ring. Other extensions offered include freezer contents, money and credit cards and small craft.
New for Old
All contents and All Risks cover is now provided on a "new for old" basis. This means that as long as the sum insured is maintained at a level adequate to replace items as new, insurers will do so. For instance, insurers will replace that old carpet you acquired when you moved in, but which you have accidentally spilt paint on, with a brand new one.
If you would like me to obtain a home buildings and contents insurance quotation on your behalf please use my contact form on this site or give me a call on 0845 029 1962. I will find the most appropriate cover for your requirements and will contact you once your information has been processed.
All Buildings and/or Contents policies will have exclusions. I will discuss this with you before I make a recommendation.
Buildings insurance for your home not only provides you with vital peace of mind but it is also a requirement of your mortgage lender. For this reason, a policy may need to be taken out quickly once a mortgage offer is accepted and, with so much else going on, it may not get the attention it deserves. Whether you own or rent your home, contents insurance is just as vital. With record claims for floods and with burglaries being a sad fact of life, buildings and contents insurance is a necessary expense.
When taking out buildings insurance you should be covering them for the "reinstatement" or "rebuilding costs" or ensuring that the policy taken has a guaranteed level of cover at least to this level. I recommend that all my clients include accidental damage in their building insurance, although I will give you a quote without if you would like to compare the premiums.
Time and time again, I have found that by looking at the providers I deal with, I can undercut the rates offered by the mortgage lenders' own insurance policies. However, cost is not the only factor which needs to be considered: the quality of service in event of claim; the level of cover provided; the ability to pay annually or monthly without a credit agreement; these are all factors of equal importance. I also recognise that each one of my clients is unique and I will therefore try to tailor your policy to suit your individual needs, discussing the level of cover you will need for each aspect of your policy.
Covers Available
Buildings
Covers the cost of rebuilding your home in the event of peril, fire, lightning or flood.
Contents
Covers the replacement of lost or damaged contents of your home.
Accidental Damage
This cover can be included for both buildings and contents for an additional cost. An example of a buildings accidental damage claim would be if you put your foot through the ceiling whilst in the loft, and an example of a contents claim would be if you spilt a pot of paint on the carpet.
All Risks
This extension provides cover for personal effects taken out of the home e.g. an engagement ring. Other extensions offered include freezer contents, money and credit cards and small craft.
New for Old
All contents and All Risks cover is now provided on a "new for old" basis. This means that as long as the sum insured is maintained at a level adequate to replace items as new, insurers will do so. For instance, insurers will replace that old carpet you acquired when you moved in, but which you have accidentally spilt paint on, with a brand new one.
If you would like me to obtain a home buildings and contents insurance quotation on your behalf please use my contact form on this site or give me a call on 0845 029 1962. I will find the most appropriate cover for your requirements and will contact you once your information has been processed.
All Buildings and/or Contents policies will have exclusions. I will discuss this with you before I make a recommendation.
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Web Design by Michael Knight 2009
Web Design by Michael Knight 2009
Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it
The guidance and/or advice on this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK
Michael Knight Mortgages is an appointed representative of Lifetime Insurance Mortgage Experts Ltd, which is authorised and regulated by the Financial Services Authority for regulated mortgage
and insurance business only. Lifetime Insurance Mortgage Experts Ltd is entered on the FSA register (http://fsa.gov.uk) under reference 311266.
Michael Knight Mortgages, 8 Bramley Court, Abbey Rise, Wollaston, Wellingborough, NN29 7QA
The guidance and/or advice on this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK
Michael Knight Mortgages is an appointed representative of Lifetime Insurance Mortgage Experts Ltd, which is authorised and regulated by the Financial Services Authority for regulated mortgage
and insurance business only. Lifetime Insurance Mortgage Experts Ltd is entered on the FSA register (http://fsa.gov.uk) under reference 311266.
Michael Knight Mortgages, 8 Bramley Court, Abbey Rise, Wollaston, Wellingborough, NN29 7QA