What is included in building insurance cover only?

Buildings Insurance covers your property's structure, and this includes your home's fixtures and fittings. This also covers outbuildings such as garages, greenhouses and sheds. You can maybe get limited cover for gates, boundary walls, drives, paths and swimming pools. Buildings cover includes anything that you would leave behind should leave your home. If you are renting a property, you shouldn't be paying for buildings insurance, your landlord should be paying for it.

Buildings cover should insure you against damage from explosions, fire, earthquake, lightning, an impact from vehicles, aircraft, or animals (except for rodents and your own animals). It will also cover you against theft or attempted theft that damages the areas of the house covered by buildings insurance. If an aerial breaks and damages your home, or oil leaks from your central heating system, you are also covered for that. If riots occur or "malicious persons" (otherwise known as vandals) damage your home, you are covered for that as well, along with the effect of flood, storms, water escaping from pipes or tanks. Subsidence, slippage, heave and landslip are also covered, along with falling trees.

You should bear in mind though that buildings policies that insure for subsidence (and they are unlikely to cover for subsidence in an area which already suffers from it) will expect you to pay a large excess should you claim. This means that you will need to pay a certain portion of any claim that you make. Look out for excess payments on other sections of your policies such as flooding or maybe theft.

It's too late to do anything about exclusions to your policy when you need to make a claim, so read it as soon as you get it so you can take up any disagreements with your insurer. Your exclusions, which are what buildings insurance do not cover, will be things such as storm or flood damage that happens to gates and fences along with damage caused by frost.

You may find that any buildings cover you have will not help you out if you have left your home empty for over 30 days. If this happens, you could be the victim of malicious damage, theft and water leakage, and you won't be covered. You should tell your insurer before you go away or leave your home unoccupied for this length of time, because maybe your insurer can help you.

Any damage occurred during a time of war, or rebellion or revolution, or damage caused by the effects of sonic booms will not be covered. You are also not covered for the effect of radioactive wastage or fuel. Special arrangements with the government will cover you for anything related to nuclear plants.

 

 

 

 

 

 

 

© AskFinancially.com 2008

Contents Insurance

Ask About

> Home Insurance
> Buying Tips
> Jargon Buster
> Making a Claim
> Definitions
> Building Cover
> Building Cover Only
> Policy Wording
> Cheap Rates
> Cheapest Rates
> Quotes
> Flood Areas
> Contents Insurance
> Buying Online
> Purchasing Advice
> The Small Print
> Home Owner
> Cheap Rates For Home Owner
> Personal Effects
> Tenants
> Household
> Building Cover
> Household Fire Cover
> Household Contents Cover
> Home Insurance Quotes
> Best Rates
> Building Cover
> What To Cover
> Home Contents Insurance
> Fire Cover
> Flood Cover
> Slippage Cover
> House Contents
> High Risk
> Over 50's
> Students