Buildings Insurance

Protecting Your Home, Structure and Assets with Building Insurance

Whether you own a small flat, a multi-story house or a rental property, safeguarding your belongings against unforeseen damage is essential. This is where building insurance comes into the picture. This is a tailored insurance plan that covers the structure of your home and offers you peace of mind against life’s uncertainties.

What Is Buildings Insurance?

Building insurance is a specialised insurance plan that aims to protect the physical structure of your property. With this plan, homeowners get protection against damage caused by insured risks — such as fire, floods, storms, subsidence, vandalism and more. The policy typically covers: 

• The walls, roof, floors and foundations

• Permanent fixtures like kitchens and bathrooms

• Drives, patios and boundary walls

• Attached garages and outbuildings

In simplest terms, when your home’s structure is damaged, may be due to heavy winds or fire, this insurance can help cover the cost. Make sure to check the policy terms and conditions before deciding.

What Does Buildings Insurance Cover?

A normal building insurance plan in the UK covers damages caused by insured perils — specific events outlined in your policy. Core coverage generally includes:

• Fire and Smoke Damage – Accidental incidents like fire, electrical faults, and smoke damage are typically covered.

• Flood and Water Damage – The policy covers damage caused by water damage due to overflowing rivers or heavy rain.

• Storm, Wind and Hail – When there’s strong wind, hail and weather-related damage to roofs or other parts, it’s mostly covered.

• Subsidence and Ground Movement – In the incidents of ground movement beneath your home, which causes structural cracks, the damage is typically covered, often with a special excess.

Why Buildings Insurance Matters

• Complete protection against major repair costs if your home is damaged.

• In the UK, nearly all mortgage providers make it important to get buildings insurance as a condition.

• You know that your property is covered against damage, so there’s nothing to worry about unexpected structural damage.

• Your home is an asset and protecting it with building insurance helps secure your financial future.

• Many policies in the UK allow you to add optional benefits such as building and contents insurance so your belongings are also covered.

Protect Your Home Today

Your home is probably the most expensive investment you make — and Buildings Insurance is essential for protecting it from the unexpected.

Contact the AWS Private Finance team today to compare different buildings insurance and building and contents insurance options.