Although home insurance is not required by law, many mortgage providers will require you to have buildings insurance in order to receive your loan. They do this to ensure that your building is fully protected in the event of any incidents which in turn, helps protect their investment.
The main reason as to why you, as the owner, need home insurance is to protect the financial investment which is your house. Without home insurance, in the event of any incident you may be left to pay out of pocket, which often can be quite a financial burden.
AXA’s Home Insurance policies help protect you, your home and all your belongings from the unexpected giving you the peace of mind that we are always here to help.