Buildings insurance and contents cover are how most home insurance policies are broken down. When it comes to high-value home insurance, both are likely to be higher in value but with greater focus on the contents.
Buildings insurance (names Building Sum Insured on forms) insurers the walls, roof, floors and permanent fixture. It typically provides cover for damage caused by events such as fire, flooding, storms, and vandalism.
For high end homes, this can include features of the home that are more expensive or require specialists to repair or replace.
Contents insurance, on the other hand, covers the personal belongings inside your home, such as furniture, appliances, clothing, and electronics. It provides coverage for damage or loss caused by events such as theft, fire, and flooding.
Contents insurance policies may also provide coverage for high-value items, such as jewellery, art, and antiques, up to a certain limit.