Buildings Insurance Adviser

Moneysprite offers an extensive building insurance policy service to source, compare and even apply for the policy that best meets your needs. Learn more about building insurance here and chat with us soon for further details.

What is building insurance?

Building insurance is a type of insurance that covers the cost of repairing or rebuilding a property in the event of a natural disaster, such as a fire, explosion, severe storm, or flooding. It covers the structure of the property, including drainage systems, pipework, cabling and fencing, but it does not cover personal possessions.

Why do I need buildings insurance?

Homeowners need building insurance to protect their investment. Paying for repairs or paying to rebuild a home is unaffordable to most people and would leave them in financial ruin. Many mortgage providers will require you to take out building insurance to access a mortgage.

Optional extras that you can add to your cover

Building insurance insurers typically offer homeowners the chance to add content insurance to their policy to protect personal possessions in the home that are also damaged by natural disasters. It might also cover personal possessions against theft or accidental damage.