With numerous options for car insurance, it can be confusing to pick the right type for you. Comprehensive and collision insurance are two of the most common coverages available for your cars. Although they are not required by law, they will surely be helpful during times of need.
A house is probably your largest investment. While sheltering you, it is exposed to many risks such as weather, crimes, and accidents. In order to save your abode from the unexpected costs of these events, a homeowners good homeowners insurance policy is a must. It not only protects your home but will also give you a sense of security. There are many factors to consider in selecting the right homeowners insurance for you. It is also important to be informed of the most common claims. Here are the top 5 prevalent causes of home insurance claims.
We’ve heard lots of renter horror stories. Someone may break-in your apartment and steal valuables or a collapsed ceiling in a rented townhouse may ruin the furniture. Broken water pipes may flood the whole apartment and leave the renter without a place to live. These incidents make renters insurance a necessity wherever you live.
Childproofing can be a difficult task. It is an ongoing process of making sure that your children are safe at home or while visiting another home. An excellent approach to childproofing your home is to put yourself in your child’s shoes. Look around and ask yourself questions like “What happens if I crawl in there?” or “Can I put this thing in my mouth?”
October is here! And it’s time for scare pranks, spooky costumes, and haunted houses. It’s that time of the year where we anticipate the spookiest holiday. Younger ones get busy thinking what to wear to costume parties. Kids get excited for trick-or-treating. Meanwhile, homeowners busy themselves with Halloween decorations.
What better way to spend a sunny weekend with family and friends than to take a dip in the swimming pool? And there are few better ways to relax after a long week’s work than taking a swim in your pool. But do you know that owning a pool comes with responsibility? If someone gets injured, do you have the right insurance in place?
Where there’s rain, there’s a possibility of a flood. While flood insurance is required for those living in flood-prone areas, others should consider getting it too. Flash flooding due to intense storms can cause significant damages to your property. In fact, it can easily be destroyed to the point that you will need to rebuild it if the flood is bad enough. Reconstructing a property may take months to a year, or even more and it probably won’t be covered at all by your homeowners insurance.
1. Raise Your Deductible
The insurance coverage for the contents of your home will have a deductible, which is an amount you will need to pay before the insurance company is on the hook. Higher deductibles means less claims so insurers will charge you less. Since you often wouldn’t file a small claim anyway it’s best to keep this as high as you could reasonably afford.
Your home is probably your most important investment. And how do you ensure it is well taken care of? Homeowners’ insurance, of course! While you may sleep soundly knowing that your house 100% covered, do you know that there are loopholes in every homeowners insurance coverage? We never like it when something isn’t covered by our clients’ insurance. So it’s important for us to share these situations with you so you can take greater precautions and/or purchase additional insurance to be fully protected. Continue reading
There’s little doubt that when it comes to investments, most people consider their home to be their biggest. You spend thousands of dollars a year not only on maintaining the property itself but also on mortgage payments, taxes, insurance and even the furniture that you have to put in.
Having the right homeowners insurance is obviously extremely important in the even that you need it, but there’s a lot you can do to avoid ever needing to file a claim.
Below are the top causes for homeowners insurance claims along with some quick tips on how to prevent the causes of each home dilemmas on the list.