House and contents insurance

London2018

Hi all,

We are due to exchange on a house next week so we are looking into insurance. We are FTB, so after a bit of advice. We are looking at just buildings insurance, but wondering would people recommend doing a joint building and contents insurance? Or is it better to do the contents insurance separately? Feeling a bit confused!

Thanks

jennhg88

It probably works out cheaper to do them both together.
I've never had them separate once I owned a property.

G_M

You generally need buildings insurance from Exchange of Contracts.


Assuming you want it (it's optional of course), you would need Contents insurance from Completion.

But given that there's, what, a week between them? 2? 3 weeks? the extra cost of getting contents a bit early is outweighed by

* the convenience of buying them jointly (and renewing jointly at the same time next year), and
* the probable discount from buying together.

studentguy

We're going to get contents and building from exchange - just easier then fiddling about for the sake of a week (in our case).