 Need someone who knows home insurance.? |
| My neighbors home has been vacant for 9 months or more.In Jan. a pipe in their home broke on the second floor no one knew this for a least a week!! It completely filled their basement (7' of ... |
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 Found lost ring, but already filed a claim and had it replaced? |
| I lost a ring, filed a claim with State Farm, got it replaced, and found the ring underneath the fridge. I actually thought it was stolen. It went missing when there was construction going on in our ... |
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 Will home owners insurance pay for water damage if I was out of town for work? |
| I recently purchased a home and then was forced out of town to work a week later, resulting in never moving in the house. While working 3hrs away my parents would check on the house occasionally, and ... |
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 My car insurance is going to pay off my car. Will they give me the check for the car or the loan company? |
| I am still waiting for my insurance to finish the inverstigation. I know for sure that my car is a total lost. I am paying for the car through a car loan ... |
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 Any suggestions on how to fight my insurance company so they will pay for gastric lap-band surgery? |
| I have decided that I would like to have gastric lap-band surgery. Over the past 15 years my weight has yo yo-ed and I cannot seem to maintain the weight I lose. Please refrain from lectures on ... |
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 How do Insurance companies know if you have a pre-existing medical condition? |
| Lets say you tell them you dont have any problems, then you get the health insurance then begin to see a doctor concerning your problem, knowing you have problems that should be treated, how will ... |
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 Can you refuse to give you insurance info? |
| There was a flood at my apartment this past weekend. I had to stay in hotels. I called my insurance and they said that they would not cover the stay, and since the flood was caused by faulty work by ... |
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 Personal injury claim/Premium query? |
| A friend was involved in a car crash recently where she was the passenger. She was injured and in a position to claim. However, will a claim on the insurance (policy belongs to her husband) mean ... |
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 Is $250/ month a lot to pay for health insurance? |
| Just my husband and I would be covered. Seems like a lot compared to what we paid at his old job.... |
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 How do I convice my ex that I want to take out a life insurance policy on him for our son's sake? |
| My ex and I were never married when we had our son so I am worried that if something were to happen to him, I would be stuck with just social security and I feel that is not enough to help our son ... |
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 No Insurance What to do? |
| Hey Im 22 and dont have dental insurance. Ive had a bad cavity for about 2 years and off and on gives a really intense pain. At times I go a few days without sleeping because as soon as I fall asleep ... |
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 Which is the Best and Cheapest Term Insurance Policy? |
am 32 years old. I would like to know the following
1. Which are the companies which provide the best quotes for Term Insurance? Are the quotes for these companies available online?
2. How ... |
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jayhay | How much insurance do I need? |
I need to get contents insurance for the flat I am renting, but I just dont know how much I need to take out. There are so many extras that the companies keep asking me for, like cover for your ipod and phone when you are out side of the house, and extra cover for your computer, cover for if your freezer defrosts itself blah blah blah...I cant really afford to cover myself for every possibility, but I dont know what is essential, and the companies I call keep saying that they cant advise me, I have to tell them what I need. Can anyone help? Please? :o( |
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bundysmom
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The agent can't advise you because they can't make the decision for you. In other words, they don't want to be responsible (i.e. get blamed by you) if you have a loss and you end up being UNDERinsured.
My suggestion would be to ask yourself one question: If you had to go out and repurchase everything you own, how much would it cost you??? (At the current price you would buy it for, not what you may have paid for your belongings when first purchased.)
I'm not referring to small items such as socks, toilet paper, shampoo. I'm referring to larger items, such as furniture (bed/couch/tables), appliances (coffee pot, washer/dryer, tv), clothing, computer. If you had to buy everything again, what would that cost you....approximately?
Depending on the insurance company, they may offer you an additional "rider" for the policy. For example, jewelry may only be covered up to $500, but on a rider the limit is much higher. Same for computers. You may have to supply an estimate for the item, so be prepared to obtain one if asked.
I would photograph your contents and store them in a fire safe box with other valuable documents. These may be needed in the event you have a loss. |
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me k
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contact the nearest dealer |
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Angel1
 |
Brokers do not want you to be underinsured as then your claim would not be paid out in full if you had one. Also it is not easy to guess the amount of items you have as you may have 300 dvds at £10.00 each or not own a piece of electrical equipment.
It is always best to overinsure than under but not ridiculously. What you have to do is tip your house upside down and everything that falls out is contents. So you go out for the evening come back and there has been a fire. Everything is either burnt, smoke damaged or waterlogged. Your clothes, shoes, dvds, cds, dvd player, tv, microwave, pots, pans, cuttlery, crockery all gone. on a new for old basis how much. go through an Argos book or similar with a calculator and add up. Clothes and linen always have an allowance off for wear and tear. get your figure and then add a cushion say a couple of thousand. On a decent policy money and credit cards in the home and frozen food should be covered. if they are optional think it through. How much is in the freezer, Bear in mind most excesses will be £50.00 and if you don't have more than that in there don't bother but don't forget Christmas. (that is when it will go!) Murphy's law.
Cover away from the home is important if you carry items like yourmobile but again remember there may be an excess. Do you go to the gym or get changed at work and have a locker? How much could you lose if it was stolen?
Think about all these things and then call a broker. one thing I would strongly recommend if you take nothing else is Accidental Damage cover. on contents it is about 65 - 70% of all claims.
Good luck |
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angel09
 |
I'm a broker ... But in Canada... If you're in Europe, the only thing I can suggest is making a list of absolutely everything you own and keeping in a fire-safe place. You wouldn't believe how many people are up to 50% underinsured... |
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Boscombe
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Write down a list of the contents of your house. Then decide what the replacement value of each item would be.
Then choose which items are most valuable to you and edit the list. Give it to a broker and not directly to an insurance company. Then the insurance broker will get the best price for on the market. |
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spot
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Extras add up and if you think about the deductibles, it's really not worth insuring everything. Unless you are keeping really expensive Rolex or gem stones in your flat, I wouldn't worry about the extra coverage. Just go with the basic. |
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Justin
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fill online quote and see what the results come up with, they are quite straight forward
http://www.jdoqocy.com/click-1768315-10426166 |
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glencat67
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GO TO A BROKER AND ADVISE THEM OF WHAT YOU NEED TO INSURE. THE MINIMUM POLICY IS 15,000 AND CAN GO UP TO AS MUCH AS YOU NEED ANYTHING OVER 2000 IN VALUE TELL THEM AS THESE MAY NEED TO BE SPECIFIED ON THE POLICY, BUT THE PERSON DOING YOU POLICY DOES NOT GET ANY EXTRA THE MORE YOU INSURE. SO DO IT FOR WHAT COVERS YOUR NEEDS
IF YOU HAVE CHILDREN THE DO ACCIDENTAL DAMAGE COVER IF NOT THE THE BASIC NEW FOR OLD WILL GIVE YOU FREE AD ON TV HIFI COMPUTERS STUFF LIKE THAT |
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yfscots
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Imagine worst case scenario e.g. house totally destroyed while all contents are in it. Add up the cost of everything that you couldn't afford to replace yourself and that's how much cover you need. For optional extras e.g. personal possesions, garden cover, freezer contents etc then decide whether you could afford to cover these costs yourself. That will give you the minimum level of cover. Anything above that would just be a case of whether you consider yourself to be a higher risk than average. Hope that helps... |
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