For those two reasons alone, your house and the contents of your house are hugely important and they should be protected financially.
These days, Buildings and Contents Insurance is about so much more than cover for when your house falls down or if a burglar steals your TV. Modern insurance cover includes a whole host of eventualities, the sort of accidents and massive inconveniences that simply prevent you and your family from living your day to day life.
Yes there’s protection for major building work and theft but there’s also cover for legal costs for when a visitor or passer by has an accident at your property.
Average amount of belongings owned, at £35,000, is worth more than the average annual Full Time UK salary of £38,131.*
According to the Association of British Insurers, July 2021, the value of the contents in an average three bedroom family home is £55,000.**