Home insurance typically comes in three forms; Buildings Insurance, Contents Insurance and combined Buildings & Contents Insurance.
Buildings insurance covers the structure of your home, for example walls, windows and roof. Also covered are the permanent fixtures and fittings such as baths, toilets and fitted kitchens, whilst contents insurance covers the possessions within your home. These covers can be taken separately or combined.
Typically, buildings insurance cover pays out in the event of theft and a range of other unforseen events such as flooding, fire and explosions.
Most policies also cover for accidental damage, but often this comes with an additional premium.