What is Home and Belongings Insurance?
Also known as Homeowners Insurance, Home and Belongings Cover provides protection financially against potential disasters. The standard policy will insure your home and your personal belongings you keep in it.
Home and Belongings Insurance is what is known as a package policy, which means that it covers your property and your liability. Under this policy it should cover your legal responsibility for any injuries or property damages caused by you, your family or pets in your home.
Most disasters are covered by this policy, however there are exceptions. Damage caused by floods, earthquakes and poor maintenance may not be covered unless specifically sought after; in the case of maintenance any problems are considered the homeowners' responsibility. Most commonly you will find that you are required to purchase two separate policies for flood and earthquake cover.
This type of insurance can provide a much wider cover from package to package which is why we offer a variety of policies in order to help you find the cover for whatever you feel you need. Policies can cover items such as clothing, personal belongings (items usually worn or carried about a person e.g. jewellery, watches etc) to money, credit cards and pedal cycles (some with limits). Insurance can even be provided for accidental loss or damage including losses away from your home anywhere in the world.
Significant and unusual exclusions or limitations that may be applied by different policies -
- Some policies may not cover skis, snowboards, water skis, sub-aqua equipment, camping equipment, riding tack, contact lenses, boats, boards and craft designed to be used on or in water, while others may.
- Some policies do not cover for musical instruments, photographic and sporting equipment when they are being used for business or professional purposes.
- In some policies restrictions could be applied for theft from an unattended vehicle and a limit of £1,000 applies.
- Theft, attempted theft or malicious damage caused by you, paying guests or tenants, may not be covered.
- Theft of pedal cycles while away from home unless in a building or locked to an object that cannot be moved.
- The cost of replacing any undamaged items, which form part of a set, suite or item of a uniform nature, design or colour. - Damage to sports racquets, sticks, bats and clubs while in play.
For this reason we offer a variety of packages to allow cover for what ever you are passionate about.
Financially Sound Limited is an appointed representative of Personal Touch Financial Services Limited which is authorised and regulated by the Financial Services Authority.
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