You must ensure that you have cover from the day you either take ownership of the property or responsibility for it
Buildings insurance is generally available for both the main structural aspects of your property as well as for permanent fixtures and fittings – this may include sub-structural aspects such as storage sheds, greenhouses, garages and driveways etc.
The cost of theses insurance premiums will vary according to the size and type of property and where, geographically, it is located, and it may therefore, be wise to shop around to find a policy that meets with all of your requirements
Albeit, not a requirement, but even for those without a mortgage, it is a sensible option to consider buildings insurance. The costs of repairing major structural damage can be very large indeed.
Often policies may be extended to cover damage to interiors, or may be combined with a contents policy
It is always worthwhile ensuring that all the right options are fully explored to give you the correct cover and that peace of mind
Pinnacle Finance are there to help and where required, will guide you through the numerous options
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