Home Insurance in the UK

After the sizable investment you have made in buying your home, furnishing and decorating it, you can insure yourself against risks with a home insurance policy. Generally these policies are broken down into two major components; buildings insurance and home contents insurance. The buildings insurance covers your home's bricks and mortar, that is the home itself. Home contents insurance covers most other things contained within your home.

If your property is used as security for a loan (a mortgage or another secured loan) then it will likely be a requirement that you arrange and maintain suitable insurance cover for the building for the term which the loan covers. This requirement ensures that should something untoward happen to your home, for example a fire or a flood, the value of your property (and your lender's investment) is not adversely effected.

Contents insurance covers your possessions inside your home, for example furnishings. Cover is provided either on a 'like for like' or a 'new for old' basis. A like for like basis will provide you with monetary compensation equivalent to the value of your insured item just before it was damaged whereas new for old will provide you with monetary compensation which would allow you to replace the damaged item with an equivalent new item.

You should read the small print of your policy carefully to check whether it covers related items, commonly included items will be garage or outbuildings contents, personal money, garden contents, food in the deep freezer, loss of fuel or water. If you have any items of particular importance you may want to ensure that they are covered by your combined standard house insurance policy or arrange additional insurance. The type of valuable item commonly held in homes would be jewellery including engagement or wedding rings.

It is worth shopping around for cheap home insurance quotes. Often specialist insurers are able to offer better cover or cheaper premiums than that provided by the banks and building societies as 'default' options attached to mortgages.

Insurance premiums are influenced by the area in which you live, low local crime rates will be reflected in your premium. Insurers often provide a no claims bonus of up to 50% for those who have not made claims against their policy over the last few years.

Cheap home insurance quotes arrangements are available for students, who may or may not be covered by their parents house insurance policy while away at University or College. These often focus on possessions which students are likely to have, e.g. Computers or bikes.

Cheaper Home Insurance from Halifax

Looking for a cheaper Home Insurance quote in the UK? Then look no further than Halifax Home Insurance with a 30% online discount.

Switching to Halifax Home Insurance could save you up to £105. That's how much a random sample of 200 customers told us they'd saved by switching to us in February 2007.

Buy online for a fantastic 30% Internet Discount

We’re offering a fantastic 30% discount if you buy online (excluding Halifax renewal customers) and up to 30% no claims discount.

Plus you can pay monthly at no extra cost and an additional 5% discount if you buy both buildings and contents cover together.

Up to 25% online discount And we won't charge you extra when you pay by monthly Direct Debit online Our experience in providing insurance for people aged 50 and over shows us that our customers look after their property and possessions, and are less likely to make a claim than homeowners aged under 50. We aim to reflect this with high levels of cover often at low prices. Saga provides buildings cover of £500,000 and contents cover of £50,000 as standard, with premiums based upon your individual home and possessions. Higher cover is available if needed (although not available online). Take out a policy online before 31/7/2007, and not only will you receive a first year discount of 25% on a combined buildings and contents policy, or 20% on a buildings or contents only policy, but you can also choose to pay by monthly Direct Debit at no extra charge for one year. You have a choice of cover levels: Standard Accidental Damage, Extended Accidental Damage, Cover Plus and our TailorMade policy. Take a look at our improved Garden cover Cover increased to £1,500 for loss or damage to your garden.

Homeowners insurance provides coverage in the event of damage to your property, as well as liability for injuries and damage you cause to other people. The homeowners insurance section of the I.I.I. Web site can help you make the right choices about this important form of protection for you and your family.

If you are looking for flexible home and contents insurance, you have come to the right place! With ING Home Insurance, it’s easy to get a fast quote and buy your home and contents insurance online. Whether you are renting a flat or own your own castle, ING Home Insurance can protect your home with these great covers: