Home Insurance

Your home could potentially be the most expensive thing that you will ever own. Home insurance protects your home in the unfortunate event of an accident that causes damage.

There is no law saying that you have to have home insurance; it is not compulsory in the UK, however, it is worth thinking about what you would do or how you would fund the repairs should your house flood or be vandalised.

With Budget’s Home Insurance product we offer Buildings cover for up to £1 million and Contents cover for up to £99,000 so you can relax in the knowledge that we have you covered should the worst occur.

There are different types of home insurance available within the UK depending on whether you want to insure your building, the contents within it, or both. You can choose the type and level of cover that you require. Additionally, if you’re letting a property and are a landlord you can purchase Landlord’s Buildings and Contents insurance.

Budget Insurance offers Buildings insurance, Contents insurance and Buildings and Contents insurance combined so that you can choose the level of cover that suits you. You can also opt to add additional extras to your policy such as Family Legal Protection.

Typically, contents insurance will cover the contents that you declare, as standard within the home. Some contents insurance policies will also cover your contents outside of the home which is handy if you travel a lot. Not all of your contents will be covered under a contents insurance policy, you may require additional cover for such items as bicycles, mobile phones etc.

With Budget Insurance you are covered for the repair or replacement of your belongings if they’re damaged or stolen, with contents cover available from £15,000 to £99,000.

Whether you purchase buildings insurance, contents insurance or a joint policy with Budget Insurance, you can get even more protection with our additional cover options, which include Family Legal Protection up to £50,000.

If you are a landlord there can be a high level of risk involved with renting out your property, so it’s important to have the right protection in place.

Landlord insurance is an insurance policy that covers a property owner from financial losses connected to rental properties. Landlord insurance covers the buildings within your property including any outbuildings that are within the boundary of your property.

Budget Insurance is one of the UK’s leading insurance providers and we work with our network of selected insurers to find you great landlord cover.

If you have been the victim of burglary, for your safety and to report the crime please be sure to ring the police prior to contacting your insurance provider.

For all other Budget home insurance claims, please call our claims line immediately on 0344 4122 128. Our lines are open 24 hours a day, 7 days a week and our team of dedicated claims representatives are ready to help you through your claim.

When you take out a home insurance policy with Budget, you will receive a number of policy documents. There’s no need to worry about printing these if you don’t want to, you can access and download all your documents within your online My Account area. This is accessible 24 hours a day, 7 days a week.

If you are a homeowner in the UK and want to temporarily house refugees who have been displaced from the conflict in Ukraine as family members (or members of the household), you do not need to inform us and your cover will remain the same. This applies for the first 12 months of any refugees living with you. You should inform us when your policy is due for renewal if you are continuing to house Ukrainian refugees.

As any refugees staying with you would be classed as ‘members of the household’, your policy would provide cover for their personal possessions too. However, we would strongly advise you to ensure your policy has sufficient cover for their needs as well, particularly with respect to contents cover and limits for specified items. Please contact us if you wish to make changes to your contents policy limits.

If homeowners wish to house refugees displaced from the conflict in Ukraine in their second homes, guest homes or rental properties, or for longer than 12 months at their primary residence, you should discuss this with your insurer in the first instance.