Household insurance protects your property and/or contents against such things as fire, flood and theft.  You can choose to protect just your contents, which is generally if you are in rented accommodation or don’t have any financial interest in the building. You can protect just your building or buildings and contents together. You can also extend to cover items that you take away from home such as camera equipment and items such as bikes, you can also include accidental damage to both your buildings and contents.