Although you may understand your homeowner’s insurance, vacation property carries with it different risks that you need to understand. First of all, you’re not living in your vacation home year-round so there are vacancy and possibly tenant related risks. And even if you do spend a considerable amount of time there, vacation homes are often outfitted or even built differently than traditional […]
Having adequate homeowner’s insurance is important because it will cover you if something happens to your home/belongings. Having appropriate coverage when you buy your home can give you peace of mind and protect your investment. For example, dog bite injuries are common and happen more often than you think. And as a homeowner you are […]
The Reality of Home Fires It is human nature to avoid worrying about non-urgent threats. The common thinking is that bad things happen to others, not ourselves. The threat of a home fire is one such life situation. As a homeowner, it is important to understand the reality of the risk of a fire at home […]
Flood Coverage Isn’t Included in the Standard Homeowner’s Insurance: What Does This Mean for Your Family?
Flooding is a fact of life. To take advantage of natural sources of hydration and ready-made trade links, humanity has historically clustered near large, volatile bodies of water. During the past several thousand years, cities and towns have sprung up on barrier islands and around saltwater harbors, inland lakes and lazy river bends. Overall, this […]
If you’re not sure exactly what’s covered by your homeowners insurance contract, you’re not alone. Even experienced insurance professionals admit that homeowners insurance policies are complex documents written mostly in legal jargon that’s incomprehensible to the average person. It’s important, however, that you have a good understanding of exactly what’s in your homeowners policy, because […]
Note from editor: Although this article is targeted to UK home owners, most information is applicable to other markets, including the U.S. When it comes to protecting what is likely to be one of your largest investments, why is it that we would rather purchase a premium brand of coffee, than get the right home […]
Insurance claims happen year round, but accidents during the Christmas holidays can be especially troublesome. With all those unusual activities, guests, extra food and gifts around, insurance claims can be significantly higher than normal. Plus, festive factors such as increased use of electricity & bad weather can increase the likelihood of everything from house fires […]