Saturday, 4 of February of 2012
While finding home insurance can be a daunting process, it’s important to have enough home insurance to cover your belongings, and the house you love, in case of an accident.
Experts are warning that it’s important for homeowners to ensure that they have insurance to rebuild their home entirely in the same location. Having the right home insurance will make sure your livelihood is covered in case of accidents that ca Read more »
To feel safe in all conditions is the innermost desire of any human being. Popularity of home insurance is the proof of this.
Let us start with an example. You are making good money. Your children are studying in good schools. Your family life is going on easily and you are satisfied with your job. You can be sure of all these but are you sure that you, your family and your home is safe against any bad happenin Read more »
Myth #1: Standard home insurance covers flood damage.
Fact: Standard home insurance does NOT cover damage caused by a flood. If you feel that you need coverage for a flood you should purchase a separate flood insurance policy.
Myth #2: The Medical Payment portion of my homeowners insurance will cover injuries to me and my family.
Fact: MedPay, a common feature of standard home insurance policies, is there Read more »
More than half a million homes in England could be ineligible for home insurance unless action is taken to protect them against flooding, the insurance industry warned today. The Association of British Insurers (ABI) warned that its members could stop offering flood protection as standard on all home insurance policies, in a report published a year after thousands of homes in Hull were hit by flooding.
The report stat Read more »
Last years storms were a prime example of this. During 2007 more then 1.5 million British homes’ roofs were damaged due to high winds, which caused £4.5 billion of damage. The report undertaken by Halifax Home Insurance quoted the average cost of wind damage reached £2,800. Damaged gardens, sheds and destroyed garden furniture were all claimed on owners’ home insurance policies.
Wind damage can often lead Read more »