What is Home Insurance?

Home Insurance is designed to provide you with financial protection against any damage and possible risks that your property and possessions within it may face against unforeseen events and circumstances.

Home insurance is commonly taken to describe both buildings insurance, which insures the fabric of your property, and contents insurance, which covers your belongings.

Basically it is a contract you make with an insurance company. You have to pay a premium and in return the insurance company will pay for financial losses that are related to your property or your home during the period of the contract.

Home insurance, also known as Household insurance or Buildings and Contents insurance, provides protection against loss or damage of your property. Protecting this investment against fire, flood, theft and other risks is essential to ensure that you have the necessary financial assistance available, so that you can carry on with life.

Home or household insurance is designed to protect and cover against the possible risks you may encounter if you're a homeowner. It is split into 2 main categories, buildings insurance and contents insurance.

Buildings insurance covers the structure of your building in the event of natural disasters and possibly other accidental damage such as a burst water pipe.

Contents insurance provides cover for the possessions in your home should they be stolen or accidentally damaged.

Your home insurance quote can also encompass items in your garden, within the boundaries of your property, and you will also be offered the option to add in extras such as accidental damage; protecting you should you accidentally damage something yourself.

Buildings insurance is compulsory if you have a mortgage. The owner of the mortgage of the home will mostly require homeowner's insurance. You have to look for the type of policy that will fit your needs the best.

Contents insurance is up to you. You will have to search for adequate protection for your valuable belongings and for supplemental coverage for protection against natural catastrophes that are not covered in your basic policy. Check of exclusions, excess levels and if you value your possessions, make sure they are adequately covered.

Also, if you work out how much it would cost to replace the contents of your home and the time you've spent on furnishing it, you may then see that contents insurance is a worthy investment.

There often can be no substitute for the loss or damage of your possessions but having proper Insurance in place can considerable ease the distress which can occur.

You may freely reprint this article provided the author's biography remains intact:

About The Author

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website.

---

Long Term Care and Long Term Care Insurance

A person might need long term care (LTC) if he/she... Read More

Homeowners Insurance at a Glance

At first glance, homeowners insurance may seem perplexing and quite... Read More

10 Ways To Save On Car Insurance

For most people car insurance is a the single largest... Read More

Cure The Insurance Blues By Lowering The Cost of Your Premiums

Does the current amount that you pay on your insurance... Read More

Life Insurance Leads, Insurance Leads, and the Online Lead Generation Business

I've long wanted to write an article about Internet Leads... Read More

Health and Dental Insurance Quotes - Applying Online

Since 2001, large health and dental insurance companies such as... Read More

About Accidental Death Dismemberment Insurance Quote

We don't hear much about getting an accidental death dismemberment... Read More

Gain An Advantage Over Your Competition By Controlling The Cost Of Your Health Insurance

As many of us expect, the New Year will bring... Read More

Finding Fast Life Insurance

Since the widespread growth of internet usage and database building... Read More

State Farm Auto Insurance ? Heres A Few Factors That Determine Your Rate

There are many factors that affect the insurance rate you... Read More

All Auto Insurance is Not Created Equal!

Contrary to what you may have heard all auto insurance... Read More

Life Insurance: Who Needs It And How Much Do You Need?

Your friendly, neighborhood life insurance agent is most likely to... Read More

Basic Coverage of Homeowner Insurance Policies

The insurance policy is a package that includes more than... Read More

Do I Need Travel Insurance?

In the United States health insurance, unlike many other countries,... Read More

The Life Insurance Policy and Its Best Kept Secret

Do you love someone deeply enough to spend your hard... Read More

Term Life - Who Needs It?

If you've read any of the books or articles by... Read More

Alternate Risk Transfer (ART) - Insurance Strategies

Risk ManagementAlternate Risk Transfer is a fancy way of saying... Read More

Who Sets Auto Insurance Rates?

Auto Insurance rates are a complicated business. Have you ever... Read More

How to Reduce Car Insurance Premiums

Here are some useful tips on how to reduce car... Read More

Life Settlement: Towards A Free Market for Life Insurance

The Life Settlement market is all about providing due access... Read More

Insights Into Your Med-Pay Insurance Coverage

While Legal Romantics would like to characterize the trial of... Read More

Travel Health Insurance - Understand the Benefits

If you're planning an overseas trip, you need travel health... Read More

Cheap Health Insurance Rates and Personal Health Insurance

If you've been out of school for a couple of... Read More

Life Insurance Basics

One of the most important things you can do as... Read More

Motor Vehicle Accident Insurance Claim Guide

This is a FREE Insurance Claim GuideYour "Motor Vehicle" can... Read More

Should You Have Higher Deductibles On Your Coverage?

What is a deductible? A deductible is the amount you... Read More

An Intro To Auto Insurance

Although premiums, policies and prices vary widely, the mandate does... Read More

A Guide to Insuring Your Sailing Dinghy

If you've just bought a dinghy or are thinking about... Read More

Discount Auto Insurance

Whether you are looking for car insurance in Canada, the... Read More

Student Health Insurance - Is It Necessary?

As a young, healthy college student, it might be tempting... Read More

Guide to Life Insurance

Here is a useful guide to life insurance. Simply put,... Read More

Online Health Insurance Quotes - Finding The Cheapest Rates Possible

Shopping for health insurance can be very discouraging when you... Read More

Home Insurance: Premium Protection In Case Mishap Takes A Rain Check

My whinstone house my castle is, I have my own... Read More