Buildings Insurance
Home Insurance Explained
Buildings and contents insurance for UK homeowners - what's covered and why mortgage lenders require it.
1:4015 December 2024
Chapters
0:00Buildings vs Contents Cover
0:25Rebuild Value Calculation
0:50Mortgage Lender Requirements
1:15Flood Re & High-Risk Properties
Video Transcript
This video covers UK buildings and contents insurance: what's covered (fire, flood, theft, subsidence), calculating rebuild value vs market value, why mortgage lenders require buildings insurance from exchange, accidental damage add-ons, and the Flood Re scheme for high-risk properties. We explain policy exclusions and claims processes.
Your home may be repossessed if you do not keep up repayments on your mortgage.