Who Needs To Buy Building Contents Insurance?
Most people are familiar with insurance policies but building contents insurance is often overlooked by both homeowners as well as home-renters. So who really needs these kinds of policies and do you need to buy both the buildings insurance and the contents insurance? In this article, you will be able to find the answers. As the name implies, the building contents insurance provides protection for both the building and the contents within the buildings. Some people might just need to get the buildings insurance. In case of fire and other natural disasters, the buildings insurance will cover the losses incurred by damages to the actual structure of the building itself. In addition, even the fixtures and other fittings will also be covered by the insurance. You may want to check with the policy company to see exactly what kinds of fixtures are considered. But that is all, your personal items that are destroyed in the accident will not be covered so you have to bear the losses yourself. I