Home Insurance Explained
Home insurance usually means buildings and contents cover bundled together. Here's what that combination includes, and when you'd buy them separately instead.
"Home insurance" is often shorthand for a bundle of buildings and contents cover bought together from the same insurer, usually at a discount versus buying each separately. It protects both the structure of a property and the belongings inside it under one policy.
Combined cover suits most homeowners, since they typically need both. Renters usually only need the contents half, since the building itself isn't theirs to insure. Some insurers also fold in extras like accidental damage, home emergency cover (a burst boiler, an emergency locksmith), or legal expenses cover as optional add-ons to a combined policy.
Price depends on the value of the buildings and contents being covered, the property's location, and any add-ons chosen.