Contents insurance pays for damage to, or loss of, an individual’s personal possessions, that is things that aren’t fixed to a person’s home and you would expect to take with you should you move. Some contents insurance policies also provide restricted cover for personal possessions temporarily taken away from the home by the policyholder. Contents insurance is quite often combined with buildings insurance but, unlike buildings insurance, it is not a condition of the mortgage. The insurer usually provides a discount if both are taken.
As with all insurance policies, conditions and exclusions will apply.