Category Archives: Home Insurance

Flood Insurance – why you need to use a specialist insurance provider

Flooding can cause untold devastation to your property and the contents contained within. Unfortunately flooding has been on the rise in the UK for the last few years and doesn’t look to slow down anytime soon. Because of this, a lot of people are now finding it difficult to get flood insurance at an affordable price. Whilst flood damage has been traditionally included as part of home insurance, more recently insurance companies have refused to cover homes in high risk areas as a lot of high claims have been made. What makes flood insurance so risky for an insurer is that the damage that can occur can result in some very costly claims. This is especially true when the insurance covers the contents of the house as well as structural damage.

Luckily there are ways to get flood insurance at a reasonable price. Flooding is something that cannot be prevented but it can be prepared for. In this article I’ll look at why you should consider using and insurance broker to obtain your flood insurance (the site floodinsurances.co.uk can do all of the hard work for you. I’ll also give some tips on how you can minimize the damage and stress that occurs when flooding happens.

Benefits of using an insurance broker

Because flood insurance can be such a risky proposition for insurance companies, it can be frustrating trying to deal with them directly to obtain a quote that you can afford. For this reason it is highly recommended that you use an insurance broker. An insurance broker will negotiate with several independent insurance companies to get you the best price possible. They will assess your business or home and take the risk factors into account when negotiating a price. Brokers are known offering extremely competitive prices and offer the following key benefits –

  • Properties in flood-risk areas are fully covered
  • Immediate telephone assistance
  • Claims hotline with counselling support if needed
  • Flexible payment options
  • Protection for properties that are listed

Using an insurance broker gives you a level of leverage that you wouldn’t otherwise have. This is especially important now as a lot of companies are very wary of insuring properties that are situated in high flood-risk areas. A broker will be able to expertly assess all the factors and use these to get you the best deal possible.

Preparing for a flood

As well as being able to get a great deal on your flood insurance, a broker will also offer you some great advice on how best to protect your home and minimize the damage in the event of a flood. Some of the top tips an insurance broker would give are –

  • Ensure all windows and doors are locked
  • Move any valuable items upstairs
  • Know where the power supply to turn the home’s gas and electricity off is located
  • Place sandbags around the perimeter of the house
  • Have emergency numbers to hand

If you follow this advice then you can minimize the damage and stress that will inevitably occur when a flood strikes. Thinking of your home being flooded is something that nobody wants to contemplate but it is better to be prepared for the worst in the long run. Whilst a flood is an incredibly stressful thing to deal with, if you’re well covered then at least you know you will not have to bear the financial brunt of the flood afterwards.

What Are The Cost Of Renter Insurance?

It really not the landlords responsibility to have insurance for the property of the tenants. Of course the building that they are renting is insured. Hence when anything happens with the tenant’s property, their landlord will not be liable for it. These renters are even homeowners.

They may ask what is the cost of renters insurance . They will have to compare insurance companies that can provide these renters with the best renter insurance so that they can give the renter their money’s worth. Of course they want to have cash which is hard earned that will be carefully be invested in the properties.

This will vary from person to person when it comes to renter insurance. It will also depend on what property that they own and where they live as well. The reasons for this is that there could be a number of break ins and burglaries that are in that area. So insurance will be higher than say the safer environment. A tenant that has property of value will on average have to get renter insurance which is higher than normal. This is insurance for anyone that is a renter. They can be renting or staying in the condo or renting a house.

Answers they can get will be best from agents of insurance which are trained well with this information which they need for the renter insurance, benefits, policies and cost so they can see what they will be able to get. However the renter insurance will not cover furniture and clothes. With the disasters that are natural as flood and fire, the house will not be inhabitable. With this insurance they will be able to cover the home so it can be repaired. This is what they will need to have their things covered to be replaced.

How Important is Home Insurance if you Work from Home?

Working from home is becoming increasingly popular as the costs of travel go up and people increasingly have more freedom to be flexible with their daily work schedules.

This has some implications for home insurance as people who work from home will start to have more expensive equipment in their properties such as computers that might have important data on them.

Normally a general house insurance policy doesn’t cover a business to be operating from home.  If you have laptops or equipment that you take out of the house you might consider taking out an “all risks” policy which would cover items taken outside of the house for loss or damage.

Depending on your business you might also need to take out some form of business insurance such as Public Liability Insurance.  If you have people visiting your home to do business, the chances are that you will need Public Liability Insurance to protect you if they have an accident in your home.

When you buy your contents insurance make sure that it has cover for the most expensive items in your home.  Some contents insurance policies won’t cover items that are worth over a certain amount, quite often £2000.  Be careful of this and check your policy carefully because you don’t want to find out that you aren’t covered when you really need it.

If you change your circumstances and start working from home, don’t forget to update your contents insurancepolicy to meet your new situation.  It’s quite easy to forget but it’s important to do because the home policy you have might not be valid if you need to make a claim.

Working from home might mean that you have to pay a higher premium for your home insurances and even lead to you having to buy a separate business insurance.  It could well be worth it however if you were to end up in the unfortunate position of having some expensive equipment damaged or stolen.

Renter’s Insurance Pitfalls to Avoid

Renter’s insurance is a necessity for families, single adults or college students who rent their homes. Although your landlord’s insurance covers the structure you’re renting and any permanent fixtures, you must protect your own furniture, clothing, computers, appliances and other personal property with renter’s insurance. To get a great bargain on renter’s insurance, watch for these common pitfalls.

Accepting The First Quote Offered

When you’re getting ready for college or moving into a new rental home, you have a thousand things to do, and collecting multiple renters’ insurance quotes may seem like a waste of time. However, you can save yourself a lot of money with one simple trick: comparison shopping. Instead of accepting an offer from the first provider you contact, compare quotes from several home insurance companies to find the most coverage at the lowest price.

Purchasing Less Insurance Than Necessary

Although your old stereo, your toaster and your collection of concert T-shirts may not seem to be worth much, the overall value of your belongings is probably higher than you realize. Take an accurate estimate of the value of your possessions to make sure you have enough coverage to replace your property if your apartment building goes up in flames or your dorm room is burglarized.

Buying Proper Insurance for Your Geography and Climate

If you live on the West Coast, you probably want to carry earthquake insurance. If you live on the Gulf Coast, you may want hurricane and sinkhole insurance. Many standard renters’ insurance policies do not cover these destructive disasters unless you pay for additional coverage called a rider. If you live in an area that’s prone to floods, earthquakes, hurricanes or sinkholes, buying a rider to protect your property is definitely worth the money.

Pay Attention to Policy Regarding Water Damage

Insurance companies can be touchy about water. While some causes of water damage, like frozen pipes, may be covered, naturally occurring floods may not be covered under your policy. Some policies cover mold and mildew damage if it results from a plumbing disaster, but not if it’s a result of poor ventilation or neglect. Make sure to read your policy’s list of exclusions carefully.

Be Aware of the Claims Deadline

Having renter’s insurance can give you greater peace of mind, but peace of mind won’t be worth much unless you call your claims representative within the required time frame. If you miss the claims window, your claim will not be considered. When you read your policy, make a note of your insurance provider’s claims deadline.

Making Too Many Claims

it’s an unfortunate fact that the more you use your renter’s insurance benefits, the higher your premiums will be. Sometimes it’s better to pay for minor damages out of pocket than to risk a rate increase. While you’ll definitely want to file a claim after a significant loss, you don’t want to call your claims representative if you torch a frying pan.

Keep Your Eye Out For Discounts

When you request a quote, make the insurance company aware of any safety or security measures in your building. Having smoke detectors, a sprinkler system, a burglar alarm or deadbolt locks may help you qualify for a discount. You may also get a discount if you buy car insurance through the same provider or arrange to pay your premiums annually instead of monthly. Take advantage of every discount to get the maximum coverage for your money.

Insurance is a necessity in today’s world, although it does not need to be as difficult as it may appear. A knowledgeable mind, filled with facts is the best insurance of all when seeking out the appropriate policy for you.

William R. Mc Covey is an insurance claims consultant from Great Britain. Since mortgage lenders require your house structure to be insured, Marshall recommends getting online buildings insurance quotes for quick comparisons in price and value.

Home insurance premiums increase in high-risk flood areas

 Remember Noah? Yeah, he didn’t have insurance. Protecting your home against an Act of God doesn’t require a degree in woodwork, but is as simple as taking out a home insurance policy and maintaining your home to prevent damage, say Insurance.co.za. This is especially important for homes built below the 50- and 100-year flood lines. According to Dawie Buys at the South African Insurance Association, certain homes in certain areas of SA are more at risk of flooding during the heavy rains forecast for March and April.

 “All houses built near rivers, dams and low lying areas surrounding these are more at risk, as are all houses built below the various flood lines commonly referred to as the 50- and 100- year flood lines,” says Buys. But rapid environmental changes may put even those homes built above the flood lines at risk. “As the frequency cycle of floods are changing rapidly (as seen recently along the Vaal and Orange rivers), [the flood lines] may no longer be an acceptable measurement, compelling insurers to reevaluate their exposures in these areas.”

 So don’t forget to get your latest insurance quotes from Insurance.co.za.

Less common events that phone insurance may cover

Not all phone insurance policies are the same. Both the premiums and the level of cover provided vary from provider to provider, and one thing that you will probably want to do is get the most suitable level of cover for the most cost-effective price.

When you first look into purchasing insurance for your phone, there are normally three main things that you might want to protect it from:

  • theft;
  • accidental damage;
  • breakdown outside of the manufacturer’s warranty period.

These may potentially pose the biggest threats to your phone, especially if it is an expensive model, and most insurance policies will cover them to some extent.

However, some mobile phone insurance policies may often provide you with extra cover for events that you may not even have considered.

One of these is unauthorised calls. If someone steals your phone and makes calls then this can cost you money on top of having to replace your phone, so if you get that particular element of protection then you can at least be assured that you won’t have any extra fees to pay.

Loss of mobile phones is another event that can sometimes be covered. Even the most careful owner can suffer from losing their phone at some point, and some insurance policies offer this as an added option for an extra fee.

Where you use your phone may also be important. If you travel abroad on holiday and want to take your phone with you then you may probably want it to be covered. Some insurance companies provide cover for trips abroad so this might be an important consideration.

On top of that, one thing that you may be concerned about is how quickly your phone can be replaced if it is lost or stolen. Insurance providers differ in how quickly they can get a replacement, so it is worth considering this if you do not want to be phone-less for too long.

Whichever mobile phone insurance you end up purchasing, it is normally a good idea to look at the full extent of the cover provided to ensure that you are covered for what you need. The price you pay is often a deciding factor, but with so much variation between policies it is often worth considering all the less-common events that are covered and deciding if these are important for you before you purchase a policy.

House Protection Insurance Provides Security

 

 

House protection insurance, also referred to as home insurance, or property owners insurance provides homeowners with needed insurance protection against loss or damage of buildings or personal items. Home insurance generally has two main coverage features: Buildings coverage or replacement cost coverage and contents protection. Buildings coverage provides for replacement of main buildings and external property buildings in case of damage or destruction from your covered event. Contents protection generally is a part of protection plans too, and it provides for coverage of non-public items maintained inside insured property.

 

House protection insurance policies are one of the most important insurance products people buy during their lifetime. Home rentals are purchased either with personal equity or through loans. When someone’s house is destroyed inside a natural disaster, insurance prevents them from suffering irreversible financial damage. Just like other insurance protection, most homeowners would prefer never to have to use their insurance benefits. Insurance provides peace of mind security in place of financial support. This is the reason it is common for home owners to attempt to lower your expenses and reduce insurance fees. Low cost coverage is good, but not on the expense of providing financial security in the event of loss.

 

Lots of people maintain a big quantity of valuable personal items in their homes, such as jewelry, collectibles as well as other valued items. Contents coverage is important to protect against loss, damage or theft of those items. Costs with this coverage vary depending on home characteristics and property location.

 

Together with these two common house protection insurance components there are many other added covers many home owners opt for to add additional protection. Some property owners add accidental damage coverage so that you can protect against lack of property as a result of accident. This can be a great add-on to a home insurance plan as it prevents loss from accidental loss.

 

Together with protecting personal items in the home, some customers also want insurance for items they carry on their person if they travel for work or leisure. This extra protection is typical for those that wear expensive jewelry or carry other expensive items employed for work. Adding this protection to a home insurance coverage can be done in a fairly low cost and can provide additional to protect lost or stolen items away from home.

 

Legal and liability protection is also vital to a lot of home owners. These protections cover home owners against lawsuits and legal claims made against them or their property. Accidents or injuries that happens to one’s home will often lead to legal action by the injured party. Adding liability protection with a home insurance coverage can prevent potential financial or property loss from civil lawsuits.

 

Individual property owners must share their personal needs and situation having a household protection insurance specialist or broker in order to get the best home elevators appropriate coverage products. Brokers can suggest the right covers as well as the best prices for individual situations. Home owners want reassurance from their insurance, and having the right protection can offer that.

Check out my other guide : general car insurance, commercial vehicle insurance and compare auto insurance rates

How To Clean Carpets In The Natural Way

Our society is now finding ways to go green in every aspect of living. The usual process of cleaning up our household is involved in the go green project. Most homeowners are looking for ways by which they will be able to clean using various natural methods. Long before current technology was developed, people has been using natural methods for their cleaning needs. Here are some of the natural cleaning options that you have for your carpets today.

First, we have the ever reliable baking soda. It is best utilized to remove stains and spots in your carpets quickly and efficiently. It is as simple as mixing water and baking soda and then rubbing it into the stain to be able to remove it. It also has the unique ability of being able to remove the bad smell from your carpet. But it is important that you remove the paste with water as soon as the stain is removed.  That is one of the first steps we have our clients do when they call our carpet cleaner San Diego company.

Next we have your ordinary white vinegar. This natural component is also great for removing stains and spots including bad odors just like baking soda. You will be able to maximize the use of this mixture by placing it in a bottle sprayer for ease of use. Just spray it on the affected area and then rinse with water afterwards. It would do well to vacuum afterwards.  This is another step we suggest to clients of our upholstery cleaning San Diego company.

Third, you have lemon juice. This can be considered as a wonder fruit because of its ability to remove stains and odors just like vinegar. It has the ability of working like the first two natural materials in this article. You can just pinch the juice straight into the carpet and then wash with water and sponge afterwards. One good way to be rid of the stain completely is to vacuum and sponge it away after rinsing.  We recommend this as well to clients that call for area rugs our drapery cleaners San Diego company.

Those are some of the natural ways by which you can clean your carpets easily. It is a good idea to use them because they have no ill side effects to your health as well as the environment. They are also very budget friendly so most house owners will surely love them. Especially those who are opting to go green for their  household cleaning routines.

Life Insurance: More Affordable Than You Think

Many Australians delay signing up for life insurance. In most cases, they do so because there is a widespread belief that life insurance is unaffordable, and that it isn’t really necessary in the first place. Both of these beliefs are mistaken, and can leave families at risk.

Research conducted on this issue reveals that many Australians have a somewhat conflicting view on the subject. While many people claim that they do not need a life insurance policy, they also self-report that they would undergo a financial struggle if the primary wage earner of the home were to become sick, injured, or die.

The irony is that Australians consider it very important to insure their important pieces of property such as their car and their home. Almost eighty percent of respondents say that car and home insurance are either extremely or very important. At the same time, less than half of respondents consider life insurance to be either extremely or very important.

At the same time, about half of the respondents also said that they would either be unable to cope, or would have difficulty coping, with the financial affects of losing income for a period lasting longer than three months as a result of an injury, disease, or death.

Oddly, the results seem to indicate that people are willing to protect there cars and homes, but they are much less willing to protect the income that they provide to their families. To truly understand whether a life insurance policy makes sense for you, you need to ask yourself if your family would be able to cope financially without your income. If not, life insurance is a necessity.

Most people also drastically overestimate the costs of life insurance. When asked to estimate the costs of life insurance, forty percent of the respondents had no idea what the life insurance premiums cost. Those who were able to provide an estimate ended up guessing that it was between 50 and 65 percent higher than it really was.

In reality, life insurance is actually quite affordable, and the costs are well worth the piece of mind that comes with it. The costs are generally higher for males, and higher for people who are older. Even so, a forty-five year old male who doesn’t smoke and works an administrative job can expect to pay only about $35 each month. At 25, a male can expect to pay only $25. These costs are well within most people’s budget.

Home Insurance Rates – Save 20 To 40 Percent Or More!

 

 

Home Insurance Savings

 

Many American families are feeling a low cost strain nowadays. Fuel prices show no sign of declining, and lots of other necessary items are rising too. Of course, many US homeowners are getting hit with rising rates of interest too. However, one item that numerous people do not realize they are able to save money on, while still keeping good coverage, is the home insurance premium. Even a 20% rate reduction can shave about 200 dollars, or maybe more, off of yearly premiums. Should you follow a few of these tips, you may well be able to reduce your rates by 40% or even more!

 

Consider Your house Insurance Deductible

 

When you have a $500 home allowable, and you raise it to $1,000, you may save typically 25%. If your home insurance costs were $1,500 a year, this is almost $400 annually in savings. Consider you will save a sum that is very close to the amount you have raised your deductible, and you may continue to have these savings every year! Over the course of a thirty year mortgage, you’d have saved $12,000! It really is unlikely that the increased deductible would come close to that amount on the same 30 yr period.

 

Earn Home Insurance Discounts

 

You can generate more discounts on home insurance by giving you better home! Anti-theft devices and security systems can earn another 20% discount. Many security alarm companies will install scalping strategies for free, or very small fees, to acquire a monthly contract. You can sleep more soundly, knowing your house is protected against theft or fire, and you will save more money on home insurance.

 

If you reside in an area that storms often, consider storm shutters or roof reinforcements so that you can protect your home further. New appliances, which are safer and use less energy, can also help.

 

Combine Policies

 

When you have more than one home to insure, or if you also have a car or two, you’ve got a common way to save money. Many home insurance providers will encourage one to give them all your insurance business by giving you a discount for utilizing them for multiple plans.

 

Watch Your Credit

 

You know your credit score impacts the cost for many things. Loan rates are much lower when you’ve got good credit. Many home insurance firms also consider an applicant’s credit if they set the rates they are going to offer.

 

Shop!

 

And lastly, since you have business to give a company, make sure and look around. This was once really hard since rates depend upon many factors. It took quite a long time to call various insurance firms and agents to match plans and rates. But now, the internet has created this easier. You can find simple insurance quote forms, that always take about five minutes to perform. Then you can sit back and let insurance providers compete for your business. I suggest looking for a reliable system with third party verification, just like the Better Business Bureau or National Ethics Check. Also search for systems that run on a secure server.

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