Home Insurance

What it generally protects

• The building itself against fire, flood and structural damage
• The contents inside — furniture, electronics and personal belongings
• Alternative accommodation under some policies if the home becomes unliveable

This is general information. Exact cover depends on the specific policy wording of the insurer providing it.

Who may need it

• Homeowners and landlords
• Tenants who want their belongings protected
• Families building or buying a home

Why it matters

A home holds most of a family's value. Damage from fire, flood or break-in is rare — but when it happens, rebuilding or replacing everything at once is rarely affordable without cover.

What to understand before purchasing

• Whether the policy covers the building, the contents or both
• Natural perils such as flood — these are often treated separately
• Security requirements, such as approved locks or alarms
• How the value of your belongings is worked out