You need both contents and buildings insurance
You dont have to buy insurance from your lender it may be cheaper to buy it from an insurance company
If you are buying a flat, buildings insurance may be included in your service charge
As a buyer you need to have a buildings insurance policy organised by the time you exchange contracts on your property
Make sure you have your contents insurance arranged from the day you move in so that your possessions are insured as they are being moved
Your belongings need to be insured while they are being moved to your new home. Check that your contents policy will cover this
Some contents policies give you cover for belongings while on away from the home and on holiday
A policy based on the number of rooms in your home may work out cheaper if you have a large home
Opting for a voluntary excess may help to reduce the cost of the premiums you pay
