Buildings insurance covers the structure of your home and is usually required by a mortgage lender, while contents insurance covers belongings such as furniture, electronics and clothing. Check whether the property is freehold or leasehold: with some leasehold flats, the buildings policy may be arranged through the freeholder or managing agent. Compare the cover limits, excesses and exclusions, and make sure the buildings sum insured reflects the property's rebuild cost rather than its market value. An FCA-authorised insurance provider can explain suitable options, and you should check your mortgage offer and lease for specific requirements.