Home Insurance

Protect your home with great value home insurance

Budget Home Insurance

Protect your home with cover of up to £1 million as standard with our Buildings Insurance.

With Budget’s Home Insurance product we offer buildings cover for up to £1 million and contents cover for up to £99,000 so you can relax in the knowledge that we have you covered should the worst occur.

If you need to make a claim, call our UK claims helpline on 0344 412 2128 and our dedicated team of claims representatives are available 24/7 to help you get your claim sorted quickly.

Budget Buildings and Contents Insurance features and benefits include:

  • Cover for your home and any outbuildings that are within the boundary of your property
  • Protection against fire, smoke, subsidence, storm, flood, escape of water and theft
  • Cover for the damage to freezer contents, loss of oil and theft of money from your home
  • Cover for the cost of alternative accommodation during the period that your home in uninhabitable
  • Up to £5,000 cover for tracing and accessing leaks inside your home

Remember that:

  • Cover will not be provided for storm damage to fences and gates
  • Damage caused by wear and tear is not covered within your policy
  • Cover will not be provided for the cost of replacing any undamaged item forming part of a set or suite
  • Loss or damage is not covered if your home is unoccupied for longer than the permitted period noted under the terms of your policy
  • If you require cover for loss or damage to pedal cycles you must individually list each pedal cycle under personal possessions section of your policy

Why do I need home insurance?

Home insurance is needed as your home could potentially be the most expensive thing that you will ever own. Based on this, it’s important to know that you have insurance in place to protect you and your home in the unfortunate event of an accident or home emergency that causes damage to your home.

There is no law saying that you have to have home insurance; it is not compulsory in the UK, however, it is worth thinking about what you would do or how you would fund the repairs should your house flood or be vandalised.

With Budget’s Home Insurance product we offer buildings cover for up to £1 million and contents cover for up to £99,000 so you can relax in the knowledge that we have you covered should the worst occur.

What types of home insurance products are available?

There are different types of home insurance available within the UK. Depending on whether you want to insure your building, the contents within it, or both you can choose to purchase the type and level of cover that you require. Additionally, if you’re letting a property and are a landlord you can purchase landlord building insurance.

If you are a tenant renting a property you may not necessarily need buildings insurance, however, most lettings agents advise that you have contents insurance to cover your personal possessions should they be stolen or damaged whilst within your property.

Budget Insurance offers buildings insurance, buildings and contents insurance and contents insurance so you can choose the level of cover that suits you. You can also opt to add additional extras to your policy such as Family Legal Protection and Keycare.

Budget Buildings Insurance Overview:

What is covered with Budget Buildings Insurance

  • Up to £2,000,000 cover for Property owners’ liability up to £15,000 cover or 20% of the buildings sum insured (whichever is lower) for alternative accommodation if you can’t live in your home following an insured event
  • Protection against fire, smoke, subsidence, storm, flood, escape of water and theft
  • Cover for accidental damage to underground pipes and cables
  • Cover for the cost of alternative accommodation during the period that your home in uninhabitable
  • Up to £5,000 cover for tracing and accessing leaks inside your home

Which events are covered with Budget’s Buildings Insurance?

  • Fire, smoke, lightning, explosion, thunderbolt or earthquake damage
  • Storm or flood damage
  • Water or oil damage from any fixed water or heating installation, or from a domestic appliance
  • Riot, civil commotion, strikes, labour or political disturbances
  • Theft, attempted theft, vandalism or malicious acts
  • Subsidence, heave or landslip on your property’s land
  • Damage caused by falling trees

What isn’t covered with Budget Buildings Insurance?

  • Cover will not be provided for storm damage to fences and gates
  • Damage caused by wear and tear is will not be covered
  • Cover will not be provided for loss or damage should your home be uninhabited for longer than the permitted period of time noted under the terms of your policy

What does contents insurance cover?

Typically, contents insurance will cover the contents that you declare, as standard within the home. Some contents insurance policies will also cover your contents outside of the home which is handy if you travel a lot. Not all of your contents will be covered under a contents insurance policy, you may require additional cover for such items as bicycles, mobile phones etc.

With Budget Insurance you are covered for the repair or replacement of your belongings if they’re damaged or stolen, with contents cover available from £15,000 to £99,000. For more information on what Budget Contents Insurance can offer you, please see the below overview:

What is covered with Budget Contents Insurance?

  • Household goods and non-permanent fixtures and fittings
  • High risk items- items are classed as high risk or high value if they are worth more than £1,500
  • Personal belongings, with the option to insure valuable items outside the home as well
  • Up to £3,000 cover for office equipment and furniture if you run a business from home
  • Up to £500 cover for freezer contents eith an annual limit of £1,000
  • Alternative accommodation if your home is uninhabitable as a result of loss or damage to your contents
  • Up to £500 cover if your credit cards or cash are stolen from your home and used
  • Up to £2,000,000 cover for personal liability
  • A 10% increase in cover over Christmas, during religious festivals and before and after weddings
  • Up to £500 coverr for the replacement of keys and locks

Which events are covered with Budgets Contents Insurance?

  • Fire, smoke, lightning, explosion, thunderbolt or earthquake
  • Storm or flood
  • Water or oil damage from any fixed water or heating installation, or from a domestic appliance
  • Theft, attempted theft, vandalism or malicious acts
  • Subsidence, heave or landslip on your property’s land
  • Damage caused by falling trees, aerials or satellite receiving equipment

What isn’t covered with Budget Contents Insurance?

  • Cover will not be provided for damage caused by wear and tear
  • The cost of replacing any undamaged item forming part of a set or suite will not be covered
  • The loss or damage if your home is unoccupied for longer than the permitted period under the terms of your policy will not be covered
  • If you require cover for loss or damage to pedal cycles you must individually list each pedal cycle under the personal possessions section

What additional cover can Budget Insurance offer me?

Whether you purchase buildings insurance, contents insurance or a joint policy with Budget Insurance, you can get even more protection with our additional cover options, which include:

  • Family Legal Protection up to £50,000
  • Keycare, up to £1,000 per year

Please refer to the policy guide for full terms, exclusions and limitations.