In an attempt to capture market share, Budget’s Home insurance product incorporates some useful benefits such as new for old contents cover (see their terms and conditions) and accidental damage in the home for certain electrical items including televisions, computers, video and hi-fi. In addition, Budget covers frozen food in recognition that many homes in the UK now own a fridge freezer or stand alone freezer.

As one of the leading UK intermediaries, Budget offers a variety of discounts to entice new customers and also claims to find the most competitive contents only, buildings only, or combined contents and buildings insurance from its panel of 15 insurers.

For homeowners interested in Budget’s building insurance, the sum insured allowed to rebuild the property can range from between £30,000 to £750,000. In addition to the structure of the property and all permanent fixtures and fittings being covered, walls, fences, drives, patios and outbuildings are also included in the insurance policy. Other benefits include the option to include accidental damage whilst alternative accommodation expenses up to specified limits are provided as standard.

Budgets contents insurance allows prospective customers to choose the sum insured that reflects what they own. The minimum sum insured is £15,000 and the maximum is £99,000. Regardless of the sum insured chosen, the limit for high risk items must not exceed 20% of the overall contents sum insured. Personal possessions and up to £3000 office equipment for any business run from home is covered automatically.

Please refer to Budget for a full list of terms and conditions or contact the company concerned for more information.