What’s the Difference Between Home Insurance and Contents Insurance?

When it comes to protecting your property and personal belongings, understanding the difference between home insurance and contents insurance is essential. At Solis Credit, we’re committed to helping Caribbean families access affordable insurance coverage by partnering with a growing network of regional insurers, and that starts with making sure you know what you’re paying for.

What Is Home Insurance?

Home insurance (also called building insurance) protects the physical structure of your home. That means it typically covers:

• The walls, roof, windows, and doors

• Permanent fixtures like built-in cabinets, bathtubs, and plumbing

• Damage from events like fire, storms, floods, or vandalism

If you own your home, having building insurance is crucial—especially in the Caribbean, where tropical weather can increase the risk of damage. Some mortgage lenders even require you to have it in place.

What Is Contents Insurance?

Contents insurance is designed to protect everything inside your home that you can take with you if you move. That includes:

• Furniture

• Electronics

• Clothing

• Appliances

• Personal items like jewelry or artwork

If your belongings are stolen or damaged by fire, flooding, or other insured events, contents insurance can help cover the cost of repair or replacement.

Do I Need Both?

That depends on your living situation:

• Homeowners: You’ll likely want both home and contents insurance to protect the full value of your property and possessions.

• Renters: You may not need home insurance (your landlord likely has it), but contents insurance is still important for protecting your personal items.

• Landlords: You may only need home insurance for the building, while tenants are responsible for their own contents coverage.

How Solis Credit Can Help

At Solis Credit, our mission is to make insurance more accessible and affordable throughout the Caribbean. We partner with trusted insurance providers across the region and offer flexible financing options so you can pay your premiums in manageable installments—no large upfront cost needed.

Whether you're insuring your home, your belongings, or both, we can connect you with the right provider and a financing plan that works for your budget.

Ready to protect what matters most? Explore our insurance financing options today and get the peace of mind you deserve.