To compare home emergency insurance with other options, it is necessary to understand how it may prove invaluable to you in a crisis.

It is a form of cover designed to help you deal with crises that may arise in your home.

Examples of such problems may include:

• blocked drains and waste pipes;
• problems with plumbing and water supply;
• heating systems that have failed;
• problems with keys ;
• security problems with locks etc;
• problems with the mains electrical supply (in your property);
• emergency accommodation needs if property is uninhabitable.

In all these cases you may need to call out emergency trades expertise to help you resolve the problem or fix it temporarily pending further investigative and remedial work at a later date. The callout costs can be very high – particularly if outside of standard working hours.

This is where home emergency insurance may help by offering both a telephone help line and financial cover for the costs involved. This help may prove invaluable in a crisis. To compare home emergency insurance with having no cover at all may indicate how much reassurance it may bring.

The basic concept

This form of policy is intended to help you deal financially and logistically with the above types of problem where you own the property and reside in it as the owner-occupier.

As such, it typically will not cover the financial impacts of situations where the responsibility for resolution should rest elsewhere. Examples of such positions may include:

• if you are renting accommodation, the insurance necessary to protect the property and the costs arising from emergency fixes is a matter typically for the landlord;
• If you are a landlord, this insurance may not be suitable for you as it will not cover property being rented out – you may need to look at landlord insurance cover;
• situations that involve a cause arising on another property may also not be covered – this may include things such as a water supply failure originating outside of your property from a mains or feed pipe problem or a blocked main sewer in the street.

To compare home emergency insurance

Many property owners may have buildings and contents insurance. If you compare home emergency insurance with buildings and contents cover, you may find that typically they differ in the risks they protect against.

Emergency insurance is designed to offer short-term financial aid to cover urgently required remedial action. It will not pay for replacement items, items that are stolen or vandalised or many forms of natural disaster damage. By contrast, not all buildings and contents cover will protect you against the emergency costs outlined in the home emergency insurance policies.

To compare this type of insurance with other forms may require a careful reading of the two policies side-by-side. It may be that in some cases your standard buildings and contents insurance may cover emergency aid but it may not in which case home emergency cover may be desirable.

If you’d like to know more and compare home emergency insurance to your existing policies in detail, getting further information from a provider may be a step in the right direction.

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