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Can Your Home Insurance Stand Up To The Weather?

In 2004, the insurance industry estimated that about 45% of their settled claims were for damages caused by weather. This past January, that percentage climbed as high as 60%, with a possible £300 million worth of damages being claimed by homeowners for weather related incidents.

Is your home covered against damage from high winds? Will your insurance company pay out to repair damage caused when your plumbing freezes? How much will you have to pay out of pocket for repairs if heavy snow takes out your rain gutters or damages your roof?

If you’re not sure of the answers to those questions, it might prove enlightening to pull out your home insurance policy and have a read. According to an industry spokesman, too many homeowners find out what their buildings insurance does and doesn’t cover after they have incurred a loss and submitted a claim. That’s the case for many homeowners who suffered damage to their homes during the high winds of the past January who found, to their shock, that they’d be bearing the brunt of the repair bills from their own pockets.

In fact, the most recent figures suggest that over one third of homeowners have no home insurance at all, and many more are paying out for policies that don’t adequately cover the damages that they might face from adverse weather.

Home insurance policies vary widely on precisely what weather damage they cover, and how much you’re expected to pay out before the insurance company will pay its share. That’s why it’s important to sit down with your policy or your broker – or both – to discuss precisely how much coverage you have for weather-related damages, and if there are limits and exclusions to that cover. Some of the most common exclusions and limits include:

Damage from floods

If you live in an area with a high possibility of flooding, you may need to purchase separate cover to deal with damage from flooding. It’s vital that you not neglect this, say insurance spokesmen. The cost of repairing damage after a flood can easily run to £30,000 or more. Compare that to the average weather related claim of about £500.

Water damage from burst pipes

Watch for limits on the amount of damages you can claim if your pipes freeze and burst. A burst pipe in your loft can quickly damage walls and ceilings, and result in unhealthy growth of mold and mildew if not cleaned properly. The cost of all those repairs can easily and quickly mount above typical limits on damages.

Contents cover

If you only have buildings insurance, you may find yourself out of luck when damage to your roof results in the destruction of your expensive draperies, carpets and furnishings. Even if you carry cover for your home contents, you may want to carry extra insurance if you own expensive items like Oriental rugs or fine artwork.

Outdoor and garden items

Many policies only cover items inside your home from weather damage, while other policies will even pay to replace plants damaged by storms in severe weather. If you’re an avid gardener, or have outdoor patio and yard equipment, consider a policy that includes garden cover.

Be sure to review your policy periodically to be certain that you’ve kept it up to date, especially when you make new purchases or add an extension to your home.

Quickly find the most popular UK home insurance companies at UK Insurance Index together with genuine customer reviews and money saving guides to help you buy the right policy at the right price.

In 2004, the insurance industry estimated that about 45% of their settled claims were for damages caused by weather. This past January, that percentage climbed as high as 60%, with a possible £300 million worth of damages being claimed by homeowners for weather related incidents.

Is your home covered against damage from high winds? Will your insurance company pay out to repair damage caused when your plumbing freezes? How much will you have to pay out of pocket for repairs…

Tag: home insurance,contents,buildings,house

Affordable Car Insurance Online – Where to Get It

Looking for car insurance? Want to know where to get affordable car insurance online with a top company. Here’s how …

How much car insurance do I need?

Most states require you to have a minimum amount of liability insurance in order to drive your car. Liability insurance coverage is listed as three numbers. The first number represents the minimum amount of bodily injury liability insurance for one person you must carry. The second number is the minimum amount of bodily injury insurance for all people. And the third number is the minimum amount of property damage insurance.

For instance, if you live in California you need 15/30/5 liability insurance – $15,000 bodily injury coverage for one person, $30,000 bodily injury coverage for all people, and $5,000 property damage coverage.

To find out how much insurance your state requires, visit your state’s department of insurance website by doing an Internet search for “(your state’s name) department of insurance.”

In addition to liability insurance you may also want to include the following coverages:

Collision insurance – to pay for damage to your car when you’re involved in an accident.

Comprehensive coverage – to pay for damage to your car caused by theft, vandalism, fire, or acts of nature.

Personal injury protection – to pay for medical expenses for you, your family, and your passengers when you’re involved in an accident.

Uninsured motorist coverage – to pay for expenses related to personal injuries and property damage when you’re hit by an uninsured, underinsured, or hit-and-run driver.

Where can I find affordable car insurance online?

Insurance comparison websites provide the easiest way to find affordable car insurance online. Using a comparison site you avoid the hassle of calling a number of local insurance companies, or spending hours on the Internet going from one insurance site to another to get quotes.

Insurance comparison sites allow you to get quotes from a number of different companies in a matter of minutes. All you have to do is fill in a simple questionnaire with answers about you, your car, and the amount of insurance you want. You then wait for the quotes to come in and choose the best one.

The best of these comparison sites only deal with A-rated insurance companies so you know the company you choose will be reliable and will pay your claims. If you have any questions, theses sites have an insurance expert on hand to answer your questions through an online chat service or a toll-free telephone service (See link below.)

Visit http://www.LowerRateQuotes.com or click on the following link to get affordable car insurance quotes online from top-rated companies and see how much you can save. You can get more insurance tips in their Articles section.

The author, Brian Stevens, is a former insurance agent and financial consultant who has written extensively on how to get affordable car insurance online.

Looking for car insurance? Want to know where to get affordable car insurance online with a top company. This article explains where to get it.

Tag: affordable car insurance online

New Driver Car Insurance – How To Save More Money With Your New Driver

Sometimes it’s difficult for new drivers to save money on their car insurance policies. This is mostly due to the fact that new drivers just aren’t as experienced driving as those drivers who have been on the roads for a few more years. Car insurance companies tend to view new drivers at a higher risk for accidents and traffic violations than they see those more experienced drivers; therefore, they charge a higher rate for new driver car insurance. A new driver doesn’t necessarily mean a teen driver, either; there are new drivers of all ages, which means there are ways for all new drivers to get cheap car insurance.

Some tips to instantly get low cost new driver car insurance include:

• Try to be added on to another driver’s car insurance policy, such as your parents’ or your spouse’s. This may raise their premiums a bit, but it will cost less than purchasing a completely separate car insurance policy. Plus, they may get a discount for having multi-drivers and multi-vehicles on their policies.

• If you didn’t use a lender to help pay for your car, consider purchasing your state’s minimum liability insurance requirements. (Lenders usually require you to purchase more than the state’s minimum.)

• Purchase your new driver car insurance from another insurance company from which you purchase another insurance policy, such as your home owner’s insurance policy. Having multi-line insurance can sometimes help you get discounts.

Of course, there are other factors that go into determining your new driver car insurance, such as your age, the kind of car you driver (safer is better), your driving record, and even your credit score. These factors can’t be changed overnight, so it’s best to keep them in mind as you become a more experienced driver. In the meantime, always ask your car insurance company about additional special discounts for which you may be eligible as a new driver.

Recommended sites for low rate insurance Cheap Car Insurance for Young Drivers Quick Auto and Home Quotes (Combined).

Sometimes it’s difficult for new drivers to save money on their car insurance policies. This is mostly due to the fact that new drivers just aren’t as experienced driving as those drivers who have been on the roads for a few more years. Car insurance companies tend to view new drivers at a higher risk for accidents and traffic violations than they see those more experienced drivers; therefore, they charge a higher rate for new driver car insurance. A new driver doesn’t necess…

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