Home insurance is one of the most important investments homeowners can make to protect their biggest asset, their home. Choosing the right home insurance policy can be overwhelming, as there are many factors to consider, such as coverage, excess, limits, and more. That’s why Lloyds Bank offers home insurance policies that come with a range of options to suit your individual needs.
What is Lloyds Bank Home Insurance?
Lloyds Bank Home Insurance is a comprehensive insurance policy designed to protect your home from a range of potential risks. Whether you’re a homeowner or a landlord, Lloyds Bank can help you find the perfect policy to suit your requirements. With over 300 years of experience, Lloyds Bank is one of the UK’s most trusted and reliable insurers.
There are two types of Lloyds Bank home insurance policies available:
- Buildings Insurance: This type of policy covers the physical structure of your property, including the walls, roof, and ceilings. It also covers permanent fixtures and fittings, such as your bathroom and kitchen, and any outbuildings on your property.
- Contents Insurance: This type of policy covers the possessions within your home, such as furniture, electronics, clothes, and jewellery. It also includes any high-value items, such as art or antiques, that you may have in your home.
Why Choose Lloyds Bank Home Insurance?
Here are some of the reasons why you should choose Lloyds Bank Home Insurance for your home:
- Flexible Cover: Lloyds Bank Home Insurance policies come with a range of options to suit your individual needs, including accidental damage cover, legal expenses cover, and home emergency cover.
- 24/7 Claims Service: If you need to make a claim, Lloyds Bank’s claims team is available 24/7 to assist you. They’re committed to making the process as stress-free as possible.
- Trusted Insurer: Lloyds Bank is one of the UK’s most trusted and reliable insurers, with over 300 years of experience in the industry. You can feel confident that you’re in safe hands with Lloyds Bank.
Buildings Insurance
What’s Covered?
Lloyds Bank Buildings Insurance covers the physical structure of your property, including:
- The walls, roof, and ceilings
- Permanent fixtures and fittings, such as your bathroom and kitchen
- Outbuildings on your property, such as sheds or garages
- Fences, walls, and gates
- Pipes and cables
Buildings Insurance policies also cover damage caused by:
- Fire, smoke, and explosions
- Storms, floods, and water damage
- Theft and vandalism
- Subsidence
- Impact from vehicles or falling trees
Additional Cover Options
In addition to standard cover, Lloyds Bank also offers the following additional cover options:
- Accidental Damage Cover: Protects your property against accidental damage caused by you or your family, such as spilling paint on the carpet or putting a foot through the ceiling.
- Home Emergency Cover: Provides assistance in the event of an emergency, such as a burst pipe or a broken boiler. Cover includes call out fees, labour and parts costs up to a maximum of £1,000 per claim.
- Legal Expenses Cover: Covers up to £50,000 of legal expenses to help you pursue or defend your legal rights, for example if you have a dispute with a neighbour or a tenant.
Excess and Limits
The excess is the amount you have to pay towards a claim before your insurance policy kicks in. Lloyds Bank allows you to choose from a range of excess options to suit your budget and requirements. The standard buildings insurance policy limit is up to £1 million for rebuilding purposes, but higher limits are available upon request.
Contents Insurance
What’s Covered?
Lloyds Bank Contents Insurance covers the possessions within your home, including:
- Furniture and soft furnishings
- Electronics, such as TVs and laptops
- Clothes and shoes
- Jewellery and watches
- Other personal belongings
Contents Insurance policies also cover damage caused by:
- Fire, smoke, and explosions
- Storms, floods, and water damage
- Theft and vandalism
- Accidental damage, such as spilling wine on your carpet or breaking a TV
Additional Cover Options
In addition to standard cover, Lloyds Bank also offers the following additional cover options:
- High-Value Item Cover: Protects high-value items, such as art or antiques, that you may have in your home. You can choose to insure individual items or a collection of items.
- Accidental Damage Cover: Protects your contents against accidental damage caused by you or your family, such as spilling wine on your carpet or breaking a TV.
- Personal Possessions Cover: Covers your personal belongings outside your home, such as your phone or laptop, up to a certain limit.
Excess and Limits
The excess is the amount you have to pay towards a claim before your insurance policy kicks in. Lloyds Bank allows you to choose from a range of excess options to suit your budget and requirements. The standard contents insurance policy limit is up to £75,000, but higher limits are available upon request.
FAQs
How do I get a quote for Lloyds Bank Home Insurance?
You can get a quote for Lloyds Bank Home Insurance online or by phone. To get a quote online, visit the Lloyds Bank website and fill out the quote form. To get a quote by phone, call 0800 051 0845.
How do I make a claim with Lloyds Bank Home Insurance?
To make a claim with Lloyds Bank Home Insurance, call the claims team on 0345 3000 116. They’re available 24/7 to assist you. You should have your policy number and details of the incident ready when you make the call.
What is the excess on Lloyds Bank Home Insurance policies?
The excess on Lloyds Bank Home Insurance policies varies depending on the policy and options you choose. You can select an excess amount that suits your budget and requirements.
Are there any exclusions to the Lloyds Bank Home Insurance policies?
Yes, there are exclusions to the Lloyds Bank Home Insurance policies. Some of the most common exclusions include:
- Damage caused by wear and tear or lack of maintenance
- Damage caused by pests, such as rodents or insects
- Damage caused by terrorism or war
You should read the policy documents carefully to understand what is and isn’t covered under your policy.
Can I add or remove cover options from my Lloyds Bank Home Insurance policy?
Yes, you can add or remove cover options from your Lloyds Bank Home Insurance policy. You should contact Lloyds Bank to discuss any changes you would like to make to your policy.
Policy Feature |
Buildings Insurance |
Contents Insurance |
|---|---|---|
Standard Cover Limit |
Up to £1 million for rebuilding purposes |
Up to £75,000 |
Accidental Damage Cover |
Optional extra |
Optional extra |
Home Emergency Cover |
Optional extra |
N/A |
Legal Expenses Cover |
Optional extra |
Optional extra |
As you can see, Lloyds Bank Home Insurance policies come with a range of options to suit your individual needs. Whether you’re looking for buildings insurance, contents insurance, or a combination of both, Lloyds Bank has got you covered. With flexible coverage options and a 24/7 claims service, you can feel confident that you’re in safe hands with Lloyds Bank.