Home insurance cover comes in two parts buildings insurance and contents insurance. You can choose either one or both of these based on your needs. Buildings cover insures your bricks and mortar for events like fire and weather damage, while contents cover could protect your belongings against problems like theft, damage and loss.

If youre a homeowner, most mortgage lenders insist you have buildings cover in place to protect their investment. You dont usually need buildings cover if youre renting, but you may want contents insurance to help cover the cost of replacing your things if you suffer a loss.

The following factors can affect your homeowners insurance premium: Home Features and Characteristics — Your home's age, type of structure, wiring, roof, garage, etc., can affect your homeowners insurance premium. Older homes can often cost more to insure, and those costs can differ depending on whether your home is brick, frame, stone or has