Did you know… the number of households in the UK with contents insurance has been declining yearly? The study, published in 2021 by Statista, conducted between 2013 and 2018, showed a steady decline in the number of households with contents insurance each year*.
If you own a home or are looking to purchase one, you may already know that most mortgage lenders insist you have buildings cover in place. This type of insurance protects the structure of your home, including walls, roof, permanent fixtures and fittings. But when it comes to contents, your personal belongings may not be protected.
As the name suggests, contents insurance protects your belongings against theft, damage or loss. These policies may also provide cover for events outside of your control, like damage to your contents from fire, storms, floods or escaped water.
Contents insurance is optional, so if you own your property, you may only need to purchase buildings insurance, but it makes sense to protect both. If you are renting, your landlord is responsible for ensuring that your home has buildings insurance.
Sometimes, home owners or renters may decide against buying contents insurance, whether they’re trying to cut down on their monthly outgoings, or don’t have the time to research providers. However, with the contents of an average UK home amounting to around £35,000^ – protecting your belongings is important.
If you’re a home owner, most insurers offer a discount if you purchase buildings and contents cover as part of a combined policy. Additionally, if there’s a fire or flood that affects both the building and your possessions, it might be easier if the claim is managed by the same provider.
How can the Marsden help?
We’ve partnered with Uinsure to offer you their award-winning home insurance product, allowing you to choose buildings insurance, contents insurance, or both.
Working with a panel of the UK’s largest insurers, Uinsure aim to provide you with the best product and service possible, providing quality cover with a comprehensive range of features and benefits. Competing to offer you the best price, each provider offers the same award-winning policy from Uinsure, rated 5-star by financial research specialist, Defaqto.
Share your renewal date with us and we’ll enter you into a prize draw to win a £25 Booths voucher†, as well as seeing if we could save you money on your policy when it’s due for renewal. For more details, please visit our prize draw page.
in partnership with
Marsden Building Society acts as an introducer to Uinsure. Uinsure Limited is authorised and regulated by the Financial Conduct Authority (No 463689). Registered address: Uinsure Limited, Po Box 5524, Manchester M61 0QR.
* Statista Report – Number of households with contents insurance in the United Kingdom (UK) from 2013 to 2018.
^ Association of British Insurers 2018 study.
† T&Cs apply. 1 entry per person. Prize draw closes 30 June 2021.