Household Insurance: household and content insurance
Making that first step onto the property ladder is a difficult process. First of all you have to save as much as you can for that all-important deposit, which is easier said than done. After that you not only have to find your dream home, but you have to wait for endless paperwork and chains to be completed before you can even move in.
That?s not the end of it though, there are plenty of smaller things to do that you might not have even considered. Insurance is one of these things and it?s something that first time buyers probably haven?t even considered.
Household insurance is a type of insurance that combines both buildings insurance and contents insurance. This basically means that your home, its structure and everything in it will be protected and if anything is damaged or destroyed, you won?t end up footing the bill. Household insurance is often referred to as home insurance.
Buildings insurance protects the structure of your home ? this is everything from the walls and the foundations to the permanent fixtures, such as fitted bathrooms and kitchens. If your home is damaged by adverse weather, such as flooding or fire, your home is protected. If, for any reason, your home is completely destroyed, your policy will cover the cost of a complete rebuild.
Contents insurance covers everything that?s inside your home. This can include your furniture, such as your sofa, bed and oven, through to all those smaller items ? your clothes, shoes and your DVDs. You need to ensure that your contents insurance covers everything that you would ever need to replace, otherwise you will end up out of pocket as you try to make up the difference. Companies like http://endsleigh.co.uk will compare insurance providers for you to help find the best quote on the policy that meets your requirements. Many insurers will also offer a discount if you buy combined household insurance, so it is well worth shopping around.