If you rent a council property, the Council provides buildings insurance. There is no need for tenants to take out buildings insurance.
The Home Contents Insurance scheme covers risks such as fire, theft, vandalism, TV, clothing, carpets and electrical goods. Most household goods and contents will be insured within the home. The insurance also covers loss and theft of keys and contents of freezer. There is also cover for personal liability.
All home contents are covered by the policy on a new for old basis, with the exception of linen and clothing which will be replaced at their current cost, less an amount for wear and tear.
Summary of Cover:
|Minimum amount insured||£5,000 for tenants living in sheltered accommodation. £6,000 for people over 60 years. £9000 for all other tenants and leaseholders|
|Types of losses insured:||Fire, theft, Vandalism and water damage|
|Accidental Damage||TV's their aerials, hi-fis, video recorders, personal computers,DVD players and decoders. External aerials including satellite dishes. Mirror and glasses|
|High Risk items: Personal items (but not clothing) including: Pictures, works of art, jewellery, watches, articles of gold, silver or other precious metals, stamp, coin and medal collections, photographic equipment. Televisions, radios, audio and video equipment.||One third of the amount insured or £5,000, whichever is the greater|
|High Risk Items||Single article limit of £1,500|
|Contents kept in outbuildings, garages, sheds, greenhouses and cellars||Up to £2,000|
|Freezer Contents:||Up to the amount insured|
|Theft and loss of keys/replacement locks:||Up to the amount insured|
|Tenants and leaseholders improvements:||Up to 20% of amount insured or £2,000 whichever is the greater|
|Money:||Up to £3000|
|Fatal injury benefit:||£5,000 death benefit no age limit|
Please note that full accidental damage extension cover (up to 25% of the amount insured) is now available at an additional cost. This is only a brief summary of the policy cover. Cover is subject to status. Limits and conditions apply, and you should ensure that your requirements for insurance will be met. A specimen copy of the policy booklet is available on request. We recommend you keep a record (including copies of letters) of all information provided to the insurer for your future reference. A copy of the completed application form will be supplied on request within a period of three months after its completion.