Monthly Archives: October 2011

Landlord Insurance Cover

Gone are the day’s when being a land lord meant only huge income, in today’s society being a landlord comes with a lot of responsibility. If you are a landlord who is planning to use your property for a second source of income then you need to think about landlord insurance cover. The reason is fairly simple you do not want to be one of the unfortunate landlords who did not invest in a good insurance policy, and then they end up paying for the damage to the property either by tenants or due to other reason. This is the very reason why you should learn about landlord insurance cover.

In this article we are gone discuss about various types of landlord insurance available and how can one get a cheap policy. For starters one should know that the term landlord insurance involves many policies. The most basic policy is the property insurance policy. This policy will provide coverage if the property is damaged by tenant or due to other factors during the time when you had given your property for rent. The other type of policy which most landlords prefer is the rent default policy. Imagine if the tenant has defaulted the rent and you and the tenant are locked in a legal battle, the loss which occurs is for you the most. In such cases this policy will provide you a predetermined amount of money monthly for a specified duration of time. The third policy which is preferable if you are not planning to be sued is the liability policy. Now this here is a unique policy, imagine if the tenant staying at your property is injured due to some defect in your property. They it is for sure you will end up in a soup and have to face law suit. In order to prevent such things from happening this policy provides coverage if third party is injured while staying in your property.

Now coming to the part on how to find a cheap policy? The best place to find a cheap landlord insurance cover is the internet. No matter where you search it is absolutely sure that you won’t be able to get the amount of information you get when you search for it online. There are hundreds of websites which deal with this type of policy all you got to do is to log on to these sites and start providing the needed data and you can go through the policies which suit your needs.

Angella Brown is an expert author on various interesting topics. To know more about the various policies why not compare landlord insurance cover yourself, from a range of top providers. For more in-depth analysis of insurance feel free to visit us at Landlord Buddy Insurance

7 tips for renting to students

Renting your property to students is a potentially lucrative market. In University cities there is a constant stream of new tenants looking to rent which offers guaranteed income year after year for landlords. It isn’t without its potential hitches though. This will be the first time many of them have rented and, for many, the first time they have lived away from home, which can bring with it problems like property damage and non payment of rent. Here are seven tips to make it a little easier.

Make sure you are insured

When renting out any property it’s important that you have insurance for landlords in place. This will cover any potential damage or theft, and protect you if you fall out with your tenants; something much more common when renting to students.

Target the quality end of the student market budget range

Think about what they’ll be looking for in a property and try and add extra facilities or services which may attract a higher quality tenant and ensure you’re able to charge a higher rent.

Advertise through letting agents

Students are likely to thoroughly research everything about the area and if they were in halls of residence the previous year they’ll know it well already. They’ll probably know where they want to live, but will contact letting agents to view their properties. You don’t want to miss out on this.

Get a guarantor in place

Insist on an income earning guarantor being in place for all of your tenants. This is as close as you can get to guaranteeing you’ll receive the rent. As a minimum, for each guarantor you should ensure you obtain work and credit references.

Reduce accidents / wear & tear

It’s important to take the time to show your new tenants how to use all the appliances in the home correctly. As this is likely to be the first time they’ve lived away from home they may struggle with some of the appliances in the property. If you’ve employed a letting agent for the property, save yourself some time and add this to the list of services they’ll be providing.

Leave a welcome pack

Leaving a welcome pack containing all emergency procedures and telephone numbers will save you time and worry, as it will your tenants.

Carry out regular inspections

It’s important to carry out regular inspections to ensure your property is being properly looked after. You should do this at least every three months.

Shop and Retail Premises Insurance

Looks like Target signage.  Whaa?
Creative Commons License photo credit: Andypiper

If you are thinking of opening up your place of work to the public, whereby you are displaying your goods for the purposes of retail, then you need shop insurance.
As well as the standard cover that Employers and Public Liability Insurance provides, you also need to protect your stock and premises – if you were to lose either, it would be disastrous for the business into which you have ploughed your time, effort and capital if you weren’t easily able to replace anything lost in this manner.
As there is so much to consider when opting for such a policy, there being so many variations of type of shop that you may be considering opening, it is imperative to ensure that whoever you choose to cover you, actually does.

Many providers will provide a list of basic items that are must haves for any retail outlet in the event of unforeseen circumstances.
This list of essentials will normally always include protection against some, or all, of the following: accidental loss or damage (incl. theft), malicious damage or riot, fire, lightning, explosion, burst water pipes (underground areas may not be covered by your buildings policy), storms and floods, window-frame and glass replacement and lock replacement following theft.

Add-ons that you may want to consider would be freezer cover, stock in transit, removal of debris, ‘attractive commodities’ if you are selling tools, spirits and tobacco. These add-ons can be decided by using a calculation of the value of the stock to cover versus the likelihood of you needing that aspect against the cost of addition of these extra clauses. Be wary of taking out policies for services that your business is unlikely to utilise.
Another extra you should consider, as well as protection against the tangible goods that can be replaced from a warehouse or distribution outlet, is protection against your livelihood.

Most insurance firms will offer you insurance against interruptions to your business in the event that you have to make a claim against any of the afore-mentioned circumstances. The fact that you may have a warehouse full of undamaged stock is of little use if your premises are unsafe for the public or provide an unfit environment for your staff.

Business interruption cover is a basic shop policy extension, which provides cover for loss of income due to inability to trade in the event of any claim under your Shop Buildings and Contents policy, including additional expenses necessary to keep your shop in business whilst repairs are carried out.
One last point – most policies are index-linked. If the value of your goods insured was valued at £500 when you bought them, but you know their nett value has risen, be sure to press home this fact when making a claim. This is a double-edged sword. If the value of that commodity has depreciated, you are unlikely to get back the sum originally insured.

Dental Insurance Rates

If you are planning on purchasing anew dental insurance for yourself and your family then you have come to the right place. In this article we will be talking about how to find cheap dental insurance rates.

There are several types of dental insurance policies available in the market. Various policies are created to provide coverage for various treatments. There are policies which only provide coverage to dental visits, while some policies provide additional coverage to certain procedures. There are also comprehensive policies which provide complete coverage which involves coverage for dental visits as well as majority of dental procedure. Depending on your need and also your budget limits you need to choose the policy. In order to get the best policy well within your budget limits, it is ideal that you and your family sit down and make a list of thing which you would require your policy to cover. If you do not make this list you might actually end up paying excess for a policy which does not provide coverage for your needs.

Once you have made a list of your needs it’s time for you to go policy shopping. Now there are two different approach majority of people take, one go to the local insurance broker and ask about various policies the second is to search the internet for various policies. In this article we will emphasis on how to get the cheapest dental insurance rates. In order to do so it is better if you search the internet for various dental insurance policies.

You do not have to be a computer genius in order to search for dental policy online. All you go to do is search for a valid internet site dealing with dental insurance policy. You can make sure it is valid by reading the user comments, visiting forums which deal with internet insurance websites. Once you know few sites, you need to log into those sites. You will have to provide the required data, which is used to assess your needs and requirements. Please try to put accurate data so you get the cheapest quote on your policy. Once this data is provided you will get a list of policies which suit your needs and are within your budget limits. You can then go through each and every policy which you are interested in. further more you can also compare and see the difference between all these policies on the website itself.

Angella Brown is an expert author on various interesting topics. To know more about the various policies why not compare dental insurance rates yourself, from a range of top providers. For more in-depth analysis of insurance feel free to visit us at My Dental Insurance

Why is over 50’s life insurance different?

In some respects, over 50’s life insurance isn’t much different so some other forms of life cover – it exists to offer you and your family a degree of financial protection should the worst happen.

Yet in other respects it may be – and those differences relate to the typical nature of people’s lives, as they get older:

  • if you are in your younger years, perhaps with a young family and a heavy debt burden (mortgage etc), then you may typically be looking for a different profile of life cover than someone who is older and with perhaps less extensive long-term financial commitments;
  • by contrast, if you are over 50, you may incline towards a form of policy that you know is open-ended, in other words, it will pay out a fixed sum upon your death, at whatever age you die;
  • someone younger and with a larger debt profile to cover, may require a larger sum insured but one which is only in effect for a number of years (called the term of a policy and something that may typically be seen running in parallel with a mortgage);
  • over 50’s life insurance that is unconstrained by a term, is sometimes referred to as whole life cover or traditionally, life assurance, as assurance is against something that you know will happen eventually whereas insurance is cover for something that may happen in the future;
  • nobody can really decide what form of over 50’s life insurance would be suitable for you – only you can decide that having carefully reviewed your financial position and that of those you care for, however, it may be prudent to keep in mind just how expensive things such as funerals may prove to be;
  • unfortunately, death isn’t the only thing that you may need to worry about – if you are still responsible for supporting your family through income earning, then something such as critical illness may deprive you of the ability to continue working, so it might be sensible to consider loss of income cover insurance at the same time;
  • in our modern society, increasing numbers of people are living and working longer and that is something that implies that they may have longer-term financial commitments than was the case for the over 50’s of previous generations – that may be another reason why it may be sensible to look further at your options for over 50’s life insurance.

Landlord Insurance Simply Makes Good Business Sense

Landlord insurance is a necessity to protect the valuable investment of commercial or residential property.  Those who choose not to face each day with that type of protection, risk more than just losing income today, but are risking a secure future of any kind with that property.  Landlord-insurance provides a blanket of security against minor damage all the way to catastrophic events.  To say the future can be predicted is a major mistake in regard to protecting the value of property.  Damage is going to occur.  Tenants will abandon the property without completely paying for everything they owe.  Protect yourself.  Do not leave the future to chance.  Purchase landlord cover and face the future with a blanket of security.

A popular concern for many landlords is making sure they have enough insurance cover to protect the value of their investments.  When purchasing landlord-insurance, make certain to note any property inside residential or commercial structures which has value.  This will ensure that any damage which occurs to the property inside or outside the property is covered.  The important time is including the items in the official insurance document before signing on the bottom line and the insurance cover is officially in effect.

There are several things which can be done as a landlord to protect valuable property on the inside or outside of a structure.  For starters, deadlocks can be installed on the doors and key locks can be installed on windows.  Alarm systems can also be installed to deter burglars from entering the structure.  Smoke detectors and a working fire extinguisher are other ways to protect the valuable within the structure.  Mentioning these extra steps, which protect the valuable property on the inside of the structure, make it possible to receive discounts on monthly insurance premiums.

Keep in mind, carrying landlords-insurance is not a law.  It simply makes good sense.  For the biggest investment that most people make over the course of a lifetime, landlord-insurance is a wise purchase.  Making sure the insurance plan covers what is most valuable should be a goal before you get started.  Going over the cover with a fine tooth comb before committing to anything is the wisest thing to do.

If, after a final review of the landlord insurance policy, something is not worded just so, question it.  Remember, a contract is a legally binding document.  Whatever is agreed to and ultimately signed, is what sticks for good.  Landord insurance is a valuable way to protect what is returning income back to you now, and into the future.

Truck Insurance Quote

Truck insurance is mandatory in order to conduct your business legally. As a truck owner you need to about various policies which are included in the term truck insurance. One should think about the vehicle policy, the cargo protection insurance, the third party liability policy. These insurance policies might actually become a huge burden on the truck owners. Therefore it is very essential that the owners get the cheapest quote on these policies. In this article I am gone write about how one can get the cheapest quote on these types of policy.

1. The first thing one needs to in order to get the cheapest quote on their vehicle policy is that they need to make sure that there vehicle is parked in a safe place. This will attract a lower quote on your vehicle insurance policy. The reason is that insurance providers feel safe providing the policy at a cheaper quote as the vehicle is located in a safer environment when not in use.

2. Secondly one can apply for discount if the driver for the truck has a clean driving record, this means the chances of accident due to negligence of driver is minimal meaning the insurance providers are ready to give a cheap quote on the policy.

3. Thirdly make sure your truck is in good working condition. This is the most essential thing, a good working vehicle always attracts cheaper quote.

4. When it comes to cargo policy make sure you choose the policy which is applicable for the cargo which you are transporting.

5. Lastly it is important to know where to buy the cheapest insurance quote. The best place to buy the cheapest insurance quote is buying it online. More about it is described below.

Buying truck insurance policy online is the best choice. There are several websites which provide you with the needed information about various truck insurance policies. All one needs to do is log into these websites and provide the needed information. Once the information is provided then the websites provides a list of policies which match the expectation of the truck owners. The owners then can read all the policies which they think fit their need. Furthermore searching policies online means you get to compare various truck insurance quotes provided by leading insurance providers. This will allow you to get the cheapest quote available in the market. Also many websites provide offers and discounts on various policies if they are purchased online.

Angella Brown is an expert author on various interesting topics. To know more about the various policies why not compare truck insurance quote yourself, from a range of top providers. For more in-depth analysis of insurance feel free to visit us at Blue Angel Insurance.

Convicted driver insurance: can you get it?

If you have one or more convictions for motoring offences, you might be dreading the point in your motor insurance proposal when you’re asked to declare them. Did you know, however, that there is purpose-designed convicted driver insurance, which might help you avoid the risk of your application being rejected or your being penalised with crippling premium rates?

Specialists in their field

Convicted driver insurance is typically sold by specialists in finding competitively priced cover for drivers with a range of motoring convictions. Their experience and expertise might help you by:

  • knowing the market sufficiently well to identify insurers who take account of the type of conviction you might have and the period for which that affects your driving licence;
  • an ability thoroughly to search the motor insurance market (so that you don’t have to do it yourself), to suggest the most attractive and competitive rates being offered;
  • not discriminating against the convicted motorist.

Specialists in this field may typically also use their extensive knowledge of the motor insurance market to arrange other forms of insurance benefiting from specialist knowledge – such as driving instructor insurance, for example.

The stigma of conviction

Perhaps your current motor insurer – along with many others – argues that you represent a higher insurance risk because your previous driving convictions suggest that you are more likely to be the subject of further convictions in the future. This may well be the reason your present insurer declines to renew your cover or imposes a severe penalty by way of significantly higher premiums.

Specialists who arrange convicted driver insurance, on the other hand typically approach your application with no such prejudice or stigma, but with a completely open mind and intent only in finding the most suitable and most competitively priced motor insurance that reflects your needs and circumstances.