Home Insurance Daily Guide

画像提供：homeoverseasinsurance.co.uk

海外に別荘を買うイギリス人が増加しています。 これらの別荘は、休暇や退職時のためや、投資の目的で通常購買されます。 イギリス人の住宅所有者は、別荘を国内の保険会社を通して補償することを希望します。 海外住宅保険の一般的な補償範囲に関して以下に挙げてみました。 住宅や投資した家財を失った場合は、家財保険や建物保険が補償します。 一般損害賠償責任保険は、毎年季節的に貸し出される海外の住宅において重要です。 逸失利益保険は不動産を貸し出す予定のある住宅所有者にとって非常に便利です。 この保険により、旅行者が突然に予約をキャンセルした場合に補償金が支払らわれます。 泥棒による被害は、写真付きの財産の詳細を記載した一覧などの必要なすべての証拠が存在する限り補償されます。 これは、特に別荘を貸し出す予定のない場合に重要です。

Many say that the addition of an alarm system greatly improves the security of your home thus less prone to burglaries. Though this is true in many instances, there are however levels to security systems so be sure to check with the insurance firm on which ones they prefer. From simple plug-in systems to more elaborate systems with automatic-dial capability that calls you and the police to notify a break in, they all have varying capabilities and the prices of such systems also vary.
There are many brands out there but one option is to get a third party security provider to do it for you. Say one with a private police force that installs the alarms and does all the maintenance of the equipment for you. If they are notified of a break-in in progress, they respond and call for police assistance as necessary. This saves you on equipment, maintenance and effort reducing the overall costs. You pay membership and monthly fees for their services and get the security you need as you need it.

保険料を決定する要因に関心がある場合は、以下の項目を読んでみましょう。

１．立地場所：危険が多く犯罪率の高い地域に住んでいる場合、建物の損傷や泥棒の被害のリスクが著しく高くなります。 この結果、保険料も高くなります。 また、人口の多い都市での保険料は、一般的に郊外に比べて高くなります。 自然災害を受けやすい立地も、保険料に影響する要因の一つです。 断層上に建てられた建物や台風の被害にあいやすい場所にある建物の場合は、保険料が高くなることがあります。
２．工事費用：保険会社は立地場所の工事費用を参照して、建物が損傷を受けた場合の再建にかかる費用を調べます。 立地場所の工事費用が高いほど、建物にかかる保険料が高くなる傾向にあります。
３．建設資材：建物の建設に使用する資材は、建物の脆弱性において重要な役割を担います。 火災や竜巻、ハリケーンなどの自然災害により優れた耐久性のあるレンガや石を使用した建物の場合、保険料が低くなります。

Image Source: imms.com

Strictly speaking, it is your neighbor’s homeowners policy that should pay for the damages in your neighbor’s property even if that damage is caused by something from your property. To illustrate the point, if your tree falls on your neighbor’s property and destroyed a portion of it, your neighbor’s policy will pay for the damages. Legally, you and your insurance provider may not have to pay for anything, but your neighbor can hound you to shoulder his deductible. In the interest of good neighborly relations, it is important for you to do the right thing – which is at least to cover his out-of-pocket expense although you are not obligated to do this.

Image Source:homeoverseasinsurance.co.uk

There is a growing number of British residents buying second homes overseas. They are usually for vacation, retirement or investment purposes. The British owner would rather insure his/her second home with an insurance provider at home. Find below the usual coverage of an overseas home insurance. Home Contents and Buildings Insurance covers you if you should lose you home and its inventorized contents. Public Liability Insurance is crucial to an overseas house which is being rented out seasonally every year. Lost Earnings Insurance is very useful to those owners who plan to rent out their property. This insurance will pay you if your holiday makers cancel their reservation abruptly. Theft is covered for as long as all the necessary measures like making a detailed inventory of your worldly possesssions complete with pictures. This is important especially if you have no wish to rent out your holiday property.

If you want to understand the factors that determine your premiums, here are some of them:

1.Location – if you live in high-risk or high-crime areas, the risk that your home will be damaged or stolen from is significantly higher. This results in higher premiums. Also premiums in highly congested cities are generally higher compared to suburbs. Another factor that can affect your premium is your location’s propensity to be hit by natural disasters. If you’re house is lying on a fault line, or in locations that are prone to storms, this may cause your premium to increase.
2.Construction costs – some insurers will look at the construction costs in your area to see how much it would cost to rebuild your home if it were destroyed. The higher the construction costs are in your area, the higher the likelihood that you’ll pay for it in your home insurance rates.
3.Building materials – the materials you used to construct your home play a large part towards your home’s vulnerability. If you used brick or stone that is more durable and better able to withstand natural disasters such as fire, tornadoes or hurricanes, you’ll get a lower premium.

Image Source: www.spellmireandsommer.com

In most home insurance, the part of legal responsibility coverage is to protect home owners from lawsuits that may arise from accidents that occur in their home or on their property. There is a very good probability that as a home owner, you do not have enough legal responsibility protection which could interpret to you losing all that you own to the person who decides to file a suit.
The problem is how to decide how much liability to buy. Because it is impulsive who is going to file a suit and for how much, there is no real exact figure to go for. The rule of thumb recurrently applied is to purchase liability coverage that is twice your net worth because any jury can suddenly award gigantic amounts that have no relation to what you own or your earning power.

When you invest in buying your house, the fun part is furnishing and decorating the house. This is exciting to many homeowners. But what is equally important that you should take into consideration is getting a home insurance policy to insure yourself against any risks.
There are two major components of a home insurance policy. The buildings insurance and home contents insurance. What the buildings insurance covers is the house itself, meaning the bricks and mortar of your home. Having this policy enables your property to be used as a mortgage or security for a loan. So that in case of fire or flood, your property value will not be greatly affected. On the other hand, the home contents insurance covers everything you own inside your house. Your personal belongings and furniture included. In this case, the coverage may either be ‘like for like’ which will provide you the same amount of the insured item before the damage, or ‘new for old’ which will provide you the amount to replace the damaged item with a new one.

Whether it is called Home Insurance, Homeowners Insurance or Hazard Insurance, it all means one and the same. They are security protection that covers private residences where the insurance provider issues a policy that would give financial protection not only to the home but also to other structures on the property including everything inside.

It is usually a combination of different types of Personal Insurance coverages. The amount of premiums to pay would depend on the type of coverage, the actual amount of the property to be covered and the risk classification of the property. The specifics of what to be covered would depend on what type of policy the owner takes out.

by: Christine Zafra

New Year comes (or any celebration for that matter) and so do fireworks. In fact, most households do not feel that New Year is in fact complete without lighting even a couple of fireworks. However, do you think people need to worry about getting insurance for their homes in case stray fireworks land on their porches? The truth is, some insurance policies cover bonfires and fireworks on their list. Some of them even cover third party liabilities in case someone got hurt when you lighted that firework. However, you have to read between the lines. Mentioning the word “some” means a lot. It means that not all insurance companies do cover such. You have to check with then if they do, but in case they don’t, and you don’t want to spend more on your insurance, all you can do is to stay safe.

Photo taken from http://static.howstuffworks.com