Home insurance: What you need to know

Every day, home insurers pay out over £8 million to customers. Unwelcome events, such as flooding or fire, highlight how essential having insurance is to survive unexpected financial setbacks that could take you years to recover from.

Yet home insurance is often misunderstood - ABI research shows that one in five home insurance claims are unsuccessful, mostly because people are not fully aware of what they are covered for. Most problems could be avoided by better understanding of what is and what is not covered. Here are the key things you need to know to ensure that you buy the best policy for you and get the most from your home insurance.

This guide provides advice to help ensure that any claim you may need to make will be paid.