Knowing that you have financial cover, can give you one less thing to worry about.
Home emergency insurance products can vary in terms of what is and isn’t covered. They, typically, cover property mishaps where you need emergency assistance.
An emergency counts as something that is unexpected, which can:
Common examples of property emergencies include:
While home emergency covers the cost to get the urgent issue sorted – such as paying for an emergency plumber, parts and materials – it doesn’t cover the damage it may have caused, such as a flooding. Damages to your home and belongings may be covered by your home insurance.
Home emergency cover may not include things like:
Keep in mind – you’ll need to regularly maintain your property for home emergency cover to be valid. For example, it may not cover a broken boiler if it hasn’t been serviced in the past 12 months.
Having emergency cover means that a problem can be resolved quickly without you having the hassle of finding a registered tradesperson. There’s often just one number to call, in the day, evening or at weekends.
You can also avoid hefty repair bills. For example, you can pay between £150-£400 to fix a boiler, as well as an emergency call-out fee.
If you have enough savings to cover any urgent repairs, you may not need home emergency cover. You also won’t need it if you’re renting – as a tenant, you should be covered under your landlord’s building insurance.
To help you decide, it’s important to consider:
You also need to check your home insurance policy to see if it’s already included.
Depending on the provider, you may be able to get home emergency cover:
We offer it as an optional add-on with our Home Insurance.
You can also add Home Emergency cover as part of our multi-insurance policy, Select and Cover. Cover starts from £19.50 per month for 3 options and there’s 7 different types of insurance to choose from.
Select and Cover is available to HSBC UK customers who are registered for online banking.
Before you buy any insurance product, it’s important to read the policy and understand the details including costs – to make sure you get the cover you need.