Why buy home insurance?
In most cases, buying a property is the biggest investment a person will ever make - so it makes sense to want to protect it.
Home insurance can guard against a number of problematic situations and can be invaluable if the worst happens.
Those purchasing building and contents insurance for their residence are buying peace of mind, gained from the knowledge that they are covered and will not be left homeless in the event of a catastrophe.
As well as the obvious threat of burglary, home insurance can protect against fire and flooding - an important factor after a few difficult years for the UK's climate, with tornadoes hitting the capital and heavy rain causing rivers to burst their banks in other parts of the country.
The stormy weather can create extra dangers for homes, such as falling trees and dislodged roof tiles - which can lead to leaky roofs and damage to other items when they fall.
As winter approaches, there is an increased threat of burst pipes caused by the cold weather. With home insurance in place, a property owner can rest assured that they will not have to foot the bill alone.
Some policies also cover belongings such as iPods, laptops and cameras while outside the home - ideal for parents with children at university.
Customers can often request accidental damage cover, which could come in useful for things like paint spills and other mishaps that can unexpectedly occur.
All policies are on a new for old basis meaning that if a TV is stolen, it will be replaced with a new one, rather than the person being given the cash equivalent of the dated set.
Types of cover
Home insurance customers can choose between buildings, contents or combined cover, depending on their needs.
Building insurance can be much cheaper from specialist providers than it is from banks or building societies, so it might be best to get a quote from somewhere other than your mortgage provider.
The Policy Shop helps customers get the best deal by searching a panel of specialist underwriters and finding the most competitive price based on the person's circumstances.
Those with a no claims discount can get up to 35 per cent off their cover, while anyone switching to us can be given £25 towards their mortgage provider's fees if they are charged for moving.
Meanwhile, discounts also apply to contents insurance through The Policy Shop, which comes with coverage for up to £500 personal cash in the home.
Customers who take both buildings and contents insurance from The Policy Shop can also benefit from a further discount of up to 25 per cent.
How to get covered
Our advisors can help ensure your home has the correct level of coverage - meaning you will be paying an accurate price, while knowing the insurance will be valid if the need to claim ever arises.
If preferred, it is possible to obtain a free no-obligation quote online, while those who have any questions or would feel more comfortable speaking to an expert can call 0844 249 5940.
The Policy Shop can help get the best deal by shopping around, so that you do not have to.
