A contents insurance policy will protect you against loss or damage to items that are not part of the structure or building, in other words, your personal possessions.
A building insurance policy will cover the cost of repairing damage or rebuilding your home if an unfortunate event were to occur.
It’s likely that your home will be the most expensive purchase you’ll ever make. Who knows what horrible surprises lay in store? So If you’re a homeowner it makes more than sense to take out some form of insurance.