Building Insurance
Protect Your Property with Reliable Building Insurance
Your property is one of your most valuable assets and protecting it against unexpected damage is essential. With tailored building cover, you can safeguard the structure of your home or commercial property against risks. These potential risks can be, fire, storms, flooding, and structural damage. This helps you avoid costly repairs and financial stress.
At Edinburgh Insurance Brokers, we offer tailored building cover options. Our options depend on your property’s structure, rebuild cost, and individual risk factors. This way, you receive the protection you need without paying for cover you don’t.
What Is Building Insurance?
Building insurance protects the physical structure of a property. This includes the permanent parts of the building and fixtures that would remain if the property were sold.
Typically, building cover protects:
- Walls, roof, floors, and ceilings
- Kitchens and bathrooms
- Windows and doors
- Pipes, wiring, and plumbing systems
- Garages, sheds, and permanent outbuildings
- Fitted wardrobes and fixtures
If your property is damaged by an insured event, your policy helps cover the cost of repair or full rebuild.
What Does Building Insurance Protect Against?
Policies can be tailored to protect your property against a wide range of risks, including:
- Fire and smoke damage
- Storms and severe weather
- Flooding
- Subsidence and ground movement
- Impact damage (e.g. vehicles or falling trees)
- Vandalism or malicious damage
- Escape of water from pipes or tanks
Optional extras can be added for accidental damage, legal expenses, or extended cover for higher-value properties.
What Building Insurance Doesn’t Usually Cover
Knowing what isn’t covered is just as important as knowing what is. While every policy is different, most building insurance won’t pay out for:
- General wear and tear or gradual deterioration
- Damage caused by poor maintenance, such as blocked gutters or failed pointing
- Faulty workmanship or defective design
- Damage caused by pests or vermin
- Damage that existed before the policy started
- Losses once the property has been left empty beyond the policy limit
- The excess, which is the amount you pay towards each claim
We’ll talk you through the exclusions and conditions on your policy so there are no surprises when you need to claim.
Why Building Cover Matters
Unexpected property damage can be expensive and disruptive. Without proper building cover, repair or rebuild costs could place a serious strain on your finances.
The right policy helps you:
- Protect your property investment
- Avoid large, unexpected repair bills
- Meet mortgage or lease requirements
- Recover quickly after damage
- Maintain property value
Who Needs Building Insurance?
Building insurance is essential for:
- Homeowners
- Landlords and property investors
- Commercial property owners
- Buy-to-let landlords
- Property developers
If you have a mortgage, lenders almost always require buildings cover as a condition of the loan. Even if you own your property outright, having building cover is strongly recommended to protect your investment.
Frequently Asked Questions
Building Cover Insurance
Is building cover the same as home insurance?
Not exactly. Building cover protects the structure of your property, while home insurance may also include contents cover for your belongings.
Is building cover mandatory?
It’s not legally required, but mortgage lenders almost always insist on it. Even when optional, it’s highly recommended.
How much building cover do I need?
You should insure your property for it rebuild cost, not its market value. This is the amount it would cost to reconstruct the building from scratch.
How much does building cover cost?
The price depends on various factors. These include property type, rebuild value, location, age of the building, and level of cover selected.