Pace Ward can provide a number of specialised household policies from standard scheme rated home insurance to the widest High Net Worth contracts where policies are tailored to individual client needs.
Every home has different requirements, whether it is your main residence, a second home or holiday property.
We can offer a range of home insurance catering for non-standard constructions, listed properties and high-value homes.
We work with insurers who are renowned not only for excellent insurance cover but the speed and ease of their claims settlements.
Our intention is to provide the very best in cover to protect your assets along with an excellent quality of service. We take great care to ensure we meet the exceptional standards that our clients expect from us.
Buildings and contents insurance is a combined insurance product that will cover or replace any damage that may occur to the home or its contents, including losses.
It is possible to have separate buildings & contents cover, but most policies will combine the two together.
This covers your house in case of a disaster where your house is so badly damaged that it needs to rebuilt. The event which caused the damage must have been outside of your control, for example a storm or flood damage, a fire, water leak/burst pipes and subsidence. Mortgage providers will insist that have buildings cover, as it means they are able to recover their losses should such an event occur.
A typical buildings insurance policy will include cover for:
This covers all the items in your house which are not fixed within the property, for example furniture, jewellery, appliances and clothes. Most contents policies will even cover things like the contents of your fridge and freezer. Contents insurance will cover you in most of the same situations as buildings insurance, but also includes theft. As with buildings insurance, any of these events must have been beyond your control.
A typical contents insurance policy will include cover for:
What level of contents insurance do I need?
The amount of contents insurance you’re likely to need will depend on the amount you’d need back to replace the item. The 'sum insured' is the maximum amount your contents insurance policy will pay out if your item is totally destroyed.
When you’re deciding on how much contents insurance you’ll need you might want to walk through each of your rooms and make an inventory of each of your belongings. Remember contents insurance covers things in your shed and your loft or garage too – so don’t forget to include those as well.