Aspects Not Covered by Basic Home Insurance Policy

Without a doubt, home insurance is now a must for every homeowner. It covers many things including personal property, liability and the entire structure as well. However, there are things which aren’t actually covered by a basic home insurance policy. To get out of this confusion, which is the cause of many disagreements, read below…. Read More…

Personal Property Insurance

The amount of home insurance you have is usually a straight percentage of the amount of coverage you have on your home’s structure which is usually around 60%. If your home is insured for $250,000 for instance, the coverage for your stuff is around $150,000. For many years, insurers have calculated coverage this way and… Read More…

Property Insurance May Increase Under Senate Bill

As complex property insurance bill has been brought to the Florida Senate, lawmakers have heard many frightening figures about what would happen to the state after the hurricane. After the hurricane, there’s $9 billion in hurricane taxes, $100 billion in damages, and wreckage on family budget. These numbers have been tackled during the debate over… Read More…

Young Adults Likelier to Apply for Insurance to Protect Themselves

A recent poll reported that young adults of this generation are likelier to apply for insurances that will protect themselves, their valuables, and their love ones. Most of today’s young adults tend to disbelieve they’re invincible unlike what others think of. According to the Commonwealth Fund, 67% of Americans aged 19 to 29 are eager… Read More…

What Objects Are Covered by Your Home Insurance?

A home insurance is now very important when it comes to increasing your protection. With people’s travels increasing drastically, some homeowners are wondering what items are covered. Personal items that are part of your house and the ones that you brought with you during a travel are covered by almost all home insurance policies. Majority… Read More…

British Flood Insurance Might Not Work

The British government and a group of insurers have proposed  to cap rates for flood insurance for certain high risk properties. Experts are saying that the proposal might not work out. Studies suggest that flood risk in the country is going to increase in the years ahead because of climate change. Because of that, the… Read More…

Insurance Company Losses Mean Higher Premiums

The storm that raged cross Alberta and the Toronto area caused a great deal of damage in homes that in turn caused a huge loss to insurance companies – the latest to announce its loss was TD Bank. The bad news is that the losses are likely to be passed down to the homeowners in… Read More…

Home Protection Against Flooding

One of the unpleasant effects of climate change is that it has brought torrential rains to many places. In many of these areas, getting high volumes of rain flooding is a problem. Most of the houses that are severely affected by these weather hazards were not designed to withstand heavy flooding. You have to take… Read More…

Home Protection Against Wild Fires

Wildfires are becoming too common these days and it can prove to be very destructive. A house in the path of a wildfire is in very high risk of being burned down. There are several things that you can do in in order to protect your home against a wildfire. If you live in an… Read More…

Home Insurance is One Way of Preparing for Natural Disasters

When natural calamities wreak havoc on your home, it surely is unpleasant to be worrying about all the damages done and how much the toll will cost. Your finances will undoubtedly be affected if your house isn’t backed up with the necessary home insurance. Thus, taking crucial steps before this happens is advised. · Making… Read More…