Insurance & money

What insurance does a UK family actually need?

From legally required to nice-to-have: a plain-English guide to the insurance a typical UK family should consider, in priority order, and why each one matters.

Last updated 9 July 2026

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There’s no single “right” set of policies — but there is a sensible way to think about it: protect the things that are legally required, then the losses that would genuinely hurt. Here’s the family picture.

A priority order to think in

PriorityCoverWhy
Legally requiredCar insuranceRequired to drive or keep a car on the road
Usually requiredBuildings insuranceMortgage lenders almost always insist on it
Protect your incomeLife insurance, income protectionIf a partner, children or a mortgage depend on your earnings
Protect your thingsContents insuranceYour possessions against theft, fire, damage — renters too
Protect your health/plansCritical illness, travelLump sum on serious illness; medical & cancellation abroad
LifestylePet, gadget, warrantiesWorth it case by case; check you’re not doubling up
Good to know. This is general information, not personalised advice. The right mix depends on your circumstances — what you own, who relies on your income, and what you could or couldn’t absorb financially.

The one question that cuts through it

Tip. For each risk, ask: “If this happened tomorrow, could we absorb it ourselves?” Insurance earns its place where the answer is no — a write-off, a house fire, or losing the income the family runs on.

Don’t pay twice

Families often over-insure without realising: breakdown cover already inside a packaged bank account, gadget cover already in home contents, extended warranties duplicating your consumer rights. Before buying, check what you already hold.

Explore each type

In short

Start with what’s legally or contractually required (car; buildings for a mortgage), then protect the income your family depends on (life, income protection), then your possessions and health-related risks. Match cover to what you genuinely couldn’t absorb yourself — and check you’re not paying twice.

Frequently asked questions

Which insurance is legally required in the UK?

Car insurance is a legal requirement to drive or keep a car on the road. Buildings insurance isn’t a legal requirement, but mortgage lenders almost always require it as a condition of the loan. Most other cover is optional but can be important.

What insurance matters most for a family with children?

Protection for the income the family relies on — life insurance and income protection — tends to matter most where a partner or children depend on your earnings or a mortgage. What’s ‘essential’ varies by household.

How do I avoid being over-insured?

Don’t double up (breakdown cover bundled in a bank account, gadget cover already in home insurance), and match cover to real risk. Insurance is about protecting against losses you couldn’t comfortably absorb yourself.

Sources & last checked

Last checked against official sources: 9 July 2026.