What is Property Insurance?
Property Insurance is an insurance policy that you can take out to protect any type of building against damage or destruction. It can also be tailored to include the contents as well as other aspects such as liability insurance.
A good buildings insurance will pay out to cover the cost of repairing or rebuilding your premises. Although a property insurance is not required by law, it is unlikely you will get a mortgage for or a loan against the property if a suitable insurance policy is not in place.