Home Insurance - Midlands - UK - Clover Financial

Many homeowners and tenants may think that home insurance is an unnecessary luxury, and indeed it is estimated that up to 25% of households in the UK are not actually protected by any form of household insurance! However, home insurance should be viewed as an essential in order to protect against unhappiness and financial loss related to buildings and contents.

Homeowners should insure both their buildings and their contents and tenants should be looking for a contents-only policy (responsibility for the structure usually lies with the Landlord). Landlords should consider specialist landlord or buy to let policies.

Buildings Insurance was created in order to provide you with financial security when it comes to the structure of your house. In most cases, buildings insurance covers your main dwelling, and any external structures on your property (such as sheds, garages, greenhouses and conservatories etc.).

It is essential because it protects your property against destruction and damage. This means in the event of your home being completely or partly destroyed, the policy will fund the rebuilding work or repair. Furthermore the policy will also usually cover repairs due to circumstances beyond your control such as: -

• Damage due to storms or flooding
• Burst pipes or other water leakage
• Subsidence
• Vandalism or damage by a third party

Remember that every policy is different. The basic structure and fabric of your house should be covered as well as numerous subsidiaries should also be covered including: -

• Roofing
• Windows
• Kitchen
• Bathroom
• Floors
• Electrical Wiring

Your Clover Advisor can help to source not only a policy that covers you extensively, but can offer 5 star defacto coverage and offer very reasonable monthly rates. Ask our Advisors for help and advice in finding the right policy to protect your most valuable asset. There is no charge for this service so ring our Head office now for a free no obligation quotation.

Once you have the structure of your home covered it is essential to look at protection for the contents of your home – your personal belongings and furniture etc. Policies differ, but primarily the purpose of Contents Insurance is to cover the cost of replacing or repairing your possessions if they are stolen, destroyed or damaged.

Contents of your home generally include things that are not fixed; this could include any furniture, artefacts, computers, cameras, televisions, DVD or CD players, clothes, jewellery and even fridge and freezer contents. Sometimes your contents insurance will also cover money, bicycles and items that generally live at home or in your pocket and are taken out of the home. Other policies cover things like handbag and contents in the event of theft. Furthermore some contents policies will even cover accidental damage and legal expenses incurred in the event of pursuing a personal liability claim.

The cost of your premium is directly related to the risk posed to the insurer but contents Insurance is usually very low cost for the peace of mind and benefit of covering the cost of replacing what can be a large amount of valuable personal goods.

To decide accurately how much to insure your contents for, it is worth making a full and comprehensive inventory checklist of everything in your home. Calculate your contents insurance from the sum total of how much it would cost you to replace every single item.

Our Advisor can advise and help you find the best policy to provide the most value of cover at a reasonable monthly rate. This service is completely free of charge so why not contact us now for a no obligation quotation.