Santander has launched its new Santander Home Insurance, offering unlimited contents and buildings insurance, plus additional optional extras including 24 hour Home Emergency and Legal Services cover.

1|2|3 customers (Current Account and/or Credit Card) will benefit from a 30% discount on their first year’s premium while Santander customers who do not have a 1|2|3 account or credit card will receive 20% off when they take out buildings, contents or combined buildings and contents cover.

The new home insurance product has received a 5 Star Rating from independent financial research company Defaqto for unlimited buildings and unlimited contents cover. It replaces Santander’s Peace of Mind Plus and Choices Home Insurance..

Our cover includes:

• A choice of either unlimited contents cover or up to £25,000 for a three-bedroom property or less; Note £25,000 cover option is rated as 3 star Defaqto.
• Replacement of belongings with brand new ones if they are lost, stolen or damaged beyond repair;
• Any permanent repairs made by Santander approved suppliers to be guaranteed for 12 months;
• UK based claims line, open 24/7, 365 days a year
• A named personal claims manager to manage a customer’s claim from start to finish
• A fully approved local tradesperson within two hours of a customer’s call to secure their home following a break-in
• Santander Home Insurance also comes with optional extras such as Personal Belongings; and Extra Accidental Damage Cover.

Santander also added 24 Hour Emergency Cover and Legal Services Cover of up to £50,000; which are in addition to the standard policy (and excluded from any discount).

Alan Mathewson, head of Santander Insurance, said: “At Santander, we pride ourselves in offering customers a breadth and depth of home insurance cover that protects them when they need it most. That’s why we’re so pleased that our unlimited buildings and contents cover is rated as 5 star by Defaqto, the independent financial research company.

“We also understand that customers want to feel recognised and valued by their bank. So for home insurance we offer a 30% discount for our 123 Current Account and/or 123 Credit Card customers as well as a 20% discount for existing customers.”