Elephant Home Insurance Review 2026

 Understanding Home Insurance

Home insurance is not a legal requirement, unlike car insurance. Having said that, it is likely a mandatory requirement if you have borrowed money to purchase the property. The key benefit of house or home insurance is that it is designed to cover the cost of rebuilding the home should it be completely destroyed in a fire, for example. It will also cover for less severe buildings damage, example structural damage caused by leaking pipe. The second optional part of home insurance is contents insurance. The contents part will cover damage to furniture, fixture and fittings and can be extended to personal items and items of high value.

If, like many in Northern Ireland, you are planning to build your own house on a plot of land, then you should consider self build insurance. This is a form of home insurance, but designed for unique insurance needs for a self build property. 

*51% of consumers could save £151.03 on their Home Building & Contents Insurance. The saving was calculated by comparing the cheapest price found with the average of the next seven cheapest prices quoted by insurance providers on Seopa Ltd’s insurance comparison website. This is based on representative cost savings from June 2023. The savings you could achieve are dependent on your individual circumstances.