Insurance tips

Posted: Wed Nov 16, 2011 05:41 pm Post Subject:

True, water damage can be extremely damaging and cause the home owner a lot of trouble. Even if you get to dry up everything, the mold problem can crop up.

Posted: Sun Nov 27, 2011 06:22 am Post Subject:

First water then Mold

Posted: Fri Dec 16, 2011 04:56 pm Post Subject:

Hi all, Insurance is an issue which require proper care, before choosing an insure firm take care of some points:

1.Find out whether your state insurance department offers any information concerning insurance companies and rates.
2.Check several sources for the best deal.
3.Make sure the insurance company is licensed and covered by the state's guaranty fund.
4.Research the complaint record of the company. Contact your state insurance department.
5.Once you pay your first insurance premium, make sure you receive a written policy.



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Silver as investment

Posted: Sun Dec 18, 2011 07:25 pm Post Subject:

Home insurance provides protection against loss or damage of your property. So get home insurance quotes directly from insurance companies based on your requirements.

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home insurance claims

Posted: Mon Dec 26, 2011 06:04 pm Post Subject:

Home insurance, also commonly called hazard insurance or homeowner's insurance (often abbreviated in the real estate industry as HOI), is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of its use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. It requires that at least one of the named insureds occupies the home..!!

Posted: Tue Dec 27, 2011 08:26 pm Post Subject:

I suggest you to get a home insurance. All water and fire damages are fully covered. Included are the costs for replacing home equipment and for stolen home equipment and valuable things at home. Further fully glass insurance is included.

Posted: Mon Jan 02, 2012 03:55 pm Post Subject:

There are seven standardized forms as far as homeowner’s insurance is concerned, each providing a different spectrum of coverage

HO1 – It covers 11 perils and the contents of the home which have been explicitly listed. Floods and earthquakes are not covered under this policy.

HO2 – A named peril policy covering the perils mentioned in the policy, usually covers 17 perils including the 11 that are covered by HO1

HO3 – Floods and earthquakes are explicitly excluded, contents of the home need to explicitly listed to be eligible for coverage, It is an “All Risk” cover wherein every peril which is not explicitly excluded, is covered under the policy.

HO4 - Purchased by renters to cover personal belongings within the rented space and more or less 17 perils, namely fire or lightening, vehicles, volcanic eruption, falling objects, windstorm or hail, smoke, falling objects, explosion, vandalism, ice snow or sleet, riotcivil disturbance, theft, water damage, aircraft (*falling object), damage by material used in the construction of the building itself, electrical surge damage. No coverage in case of flood and earthquake damage. Coverage may differ between ACV and RCC, may also cover “Additional Living Expenses”. Specific valuables can only be covered up to a specific amount, seperate riders maybe required. Higher deductables and “protective devices” like burglar alarms will facilitate in reducing cost.

HO5 - Additional coverage over HO3, contents are covered on an open peril basis wherein exclusions only occur if the cause of loss is explicitly not mentioned in the policy.

HO6 - Purchased to fill in the gaps within the master insurance policy of the condominium. Covers damage to personal property within the condo, personal liabilities. Uses the master policy's deductible to cover losses, covers upgrades and super buildups unlike the master policy which only covers the original structure and value of the property, inexpensive and low deductible, provides 20% or more of the units appraised value. Can also provide cover in case of 'perils'. It needs to be tailored specifically to supplement the master insurance policy. It sometimes comes with additional liability coverage to protect against accidental damage or injury to others.

HO8 – A form of modified coverage used to insure older homes of which the replacement cost is greater than the market value of the house.

Posted: Wed Jan 04, 2012 03:34 am Post Subject:

Very thorough explanation of the standard HO policies. There are also less comprehensive "dwelling" policies for person who own real property but do not occupy the structure. The DP policies cover certain risks to structures and improvements, landlord provided furnishings, and liability protection.

Posted: Wed Jan 04, 2012 03:36 am Post Subject:

Very thorough explanation of the standard HO policies. There are also less comprehensive "dwelling" policies for persons who own residential properties but do not occupy the premises. The various DP policies cover certain risks to structures and improvements, landlord provided furnishings, as well as liability protection against 3rd party claims.

Posted: Wed Jan 11, 2012 03:45 pm Post Subject: Loss Assessors

Home insurance is not a policy but is a contract which is sign between your company and a policy holder and it means that it covers your loss. Your home insurance policy should cover your loss and property loss and support and help you to rebuild and furnish your home which is wiped off in the map.
As you just imagine that when you don’t have an insurance policy and something bad happened and your sweet home destroyed so this is major loss for you and gave a hard push on your mind. This is so difficult to make again a new house as same before it there because the cost of materials and the labor charge is so high who is help to rebuild your house. It's quite common to discover the amount insured is not enough to pay for the rebuilding, and if you have an insurance policy for your home so you can get sufficient amount to your insurance and then you can easily made your house as it before there.
So this is your decision that are you really want to reduce your loss amount or not by hiring an insurance company.
There is a no need for think that if you have an insurance policy and after the damage you also can’t get your claim because many time your insurance company disagree or delay for pass your insurance claim. At that time you should know about Loss Adjusters UK because it known for fair judgment and know as public adjusters. Loss Adjusters Uk is work like an independent body and it is hire by an insurance company and Loss Assessor Uk is hire by policy holder and these are fight for your rights. These are both of almost same and do faire work.
http://www.allkarebuildingcontractor.co.uk/loss-assessors.html