It is important to have insurance, to protect against potential risks and damage.
There are two types of insurance:
This covers the buildings and 'fixtures'.
We are responsible for insuring the building against certain potential risks, such as fire, explosion, lightning, smoke damage, water damage, falling trees or branches, etc.
If the building needs rebuilding, our insurance would help us to rebuild it.
The buildings insurance also covers 'fixtures' we have installed and secured to the structure of the building, such as kitchen units and bathroom suites.
If you are a leaseholder, or shared owner, you will be paying Paradigm Housing Group for your share of the buildings insurance premium. If you would like a summary of this insurance cover, please contact our Customer Services team on 0300 303 1010.
This generally insures your home contents such as your clothes, furniture, carpets, television etc.
From 1 August 2013, all Paradigm tenants are covered by Paradigm's Home Contents Insurance policy. Paradigm meets the full cost of this service, meaning that it is essentially provided free of charge to tenants for the duration of the 2012/13 policy period.
All tenants were contacted in July 2013 with details of the policy, including the limit, excess and terms and conditions. Please note there are some changes to the terms of the cover from last year, including the exclusion of accidental cover for home entertainment equipment - for more details on what is covered, please read the home contents insurance - key facts , and the policy wording.
Alternatively, if you would like to be sent this information again, require further information about the policy, or would like to opt out of it, please contact our Customer Services Team on 0300 303 1010.