High Value Buildings Insurance: About the BCIS The recent floods in the United Kingdom have remaining many households without having a home as a result of flood damage. Over the past couple of years, the unseasonably high levels of rainfall that have fallen in the summer months have caused an advanced of disruption. In some cases a complete months rainfall fell in mere 1 day causing a serious volume of damage as river banks burst and torrents of water flooded settlements. Almost all polices do not ask extend any coverage for newly acquired buildings or contents pass the insurance policy expiration date. So, if you do buy a whole new building on January 1st and your policy renews on February 1st, the usual ninety day automatic extension of coverage will never be extended into another policy term. If a policy renewal date is not a problem, youll have a problem if following the automatic newly acquired property time period limit expires; you will possess you can forget coverage. You have to report and declare the values for the new property ahead of the automatic time frame ends. Clearly the definition of newly acquired buildings and contents may be murky waters because escrows, real estate transactions, and possessing the house can all be at different times and dates. If you have a couple of quotes for buildings insurance, you might be lured to select the one while using lowest price without digging any deeper in to the issue. If you can stay away to accomplish this for just several minutes, you might wish to check through the insurance policy conditions and terms to ensure that you are comparing as with like. Some buildings insurers may provide you with some tempting extras like entry to legal help lines. Such benefits comes in handy, however, you may decide to consider whether or not they are issues that you really need. Do not allow the added extras to distract your attention through the main focus of the buildings cover search, if you dont really feel that you will benefit from them. The best way to click here contents insurance uk home and contents insurance sort the options and have the very best buildings insurance for your particular case is usually to search for specialist help. The best way to make this happen is always to search for a reputable insurance vendor in the United Kingdom. They will most often have a Personal Insurance Advisor working which will be accessible to benefit such questions.