Buildings insurance policies with Trinity Finance, London UK

Buying a home is one of the biggest purchases we will make in our lives. It is a requirement of your mortgage lender that you have a suitable buildings insurance policy in place before contracts are exchanged on your purchase. Even though this is compulsory for your mortgage lender, without these policies, it would be your responsibility to pay for any damage and repairs to the building, or even to rebuild the property should it become necessary. As with all insurance policies, conditions and exclusions will apply.

In addition to this, you will most likely have your own possessions in the home that would need to be replaced, should they be lost, stolen or damaged in your property. What would the cost be to rebuild your home in the event that it was burned down due to a fire? Additionally what would it cost to replace all of your contents in the property? Most of us would not have enough money to cover these losses ourselves, which highlights the importance of protecting your home and possessions. It is equally important to have a reputable insurance company so that you can be sure they will pay out, should you need to make a claim.