Why offer Home Insurance?
To ensure a home is fully protected, having the right insurance coverage is essential.
It’s equally important to consider the risks of being underinsured. Household insurance serves as an umbrella term encompassing two key types of coverage: buildings insurance and contents insurance.
Integrating GI into the mortgage process can be easy and painless, depending on how you’d like to offer GI. You can find more about our system offerings under ‘Our Offering’ tab.
Offer a holistic service
Boost your reputation
Use GI as an annual check in
A tick on your compliance checklist
Buildings cover
What is buildings insurance?
Buildings insurance is often a condition of mortgage acceptance. It covers the external structure of the property and relates to the bricks and mortar of the building. If the property were to be damaged by a disaster, such as a flood or fire, this type of policy would cover the rebuilding costs, costs of demolition, site clearance and architects’ fees.
Buildings insurance also protects fixtures and fittings throughout the home, such as kitchen units and bathroom suites.
Cover highlights
✔️Buildings cover up to £1 million
✔️Legal Liability up to £2 million
✔️Unoccupancy up to 60 days
Additional Benefits
✔️Trace and access up to £10,000
✔️Alternative accommodation up to £200,000
✔️Accidental damage included within standard perils
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Contents cover
What is contents insurance?
It’s no surprise that when all items within a home are added up, their total value would be rather significant.
Contents insurance is a particularly useful type of cover that protects possessions that your client has collected over the years, and is important for covering the costs to repair or replace such items.
Contents insurance includes items such as furniture, televisions and clothes. Damage as a result of water leakages, storms, flooding, fires, explosions, lightning, and earthquakes is usually covered.
Cover highlights
✔️Contents cover up to £100,000
✔️Unspecified valuables up to £15,000
✔️Bicycles away from the home £10,000
Additional Benefits
✔️Contents in garage up to £5,000
✔️Valuables limit £30,000
More About Our Offering
Our systems and products have been carefully created to offer quality products through innovative platforms that adapt to your specific needs and requirements.
The documents to the left highlight our insurers, the core benefits of working with Source to provide home insurance, and key system features that stand us apart from the competition.
Want to learn more from one of our experts? Speak to the team below.
