When you take out insurance for holiday homes you are protecting against the unforeseen. Flooding, fire, theft – but what is the biggest threat to holiday homes? Escape of water (burst pipes).

Here are some recent figures from the ABI (Association of British Insurers).

Insurers paid out £1.4bn in ‘big freeze’ insurance claims in the UK between 24 November to 31 December 2010 – the coldest December on record!

During this period…

• £1.43bn – the total value of claims

• 467,000 – the number of claims that UK insurers dealt with

• £900m – the cost of property damage claims, 190,000 in total

• 103,000 – property damage claims were for burst pipe damage, at a cost of £680m. This figure was an in

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When going on a vacation many families like to rent vacation homes. You can typically get them for a better rate than a hotel and can combine paying for them with another family. You are going to get more for your money than just one hotel room. If you are considering renting a vacation home then you should take a look at these articles. They can help you find the perfect home for your vacation and avoid some of the horror stories you hear.

1. Perfect Places: If you are looking for a vacation home stop here to get some tips and ideas on where to go.
2. How to Find the Perfect Home: Here are a few tips you should follow to insure the perfect vacation.
3. Get Help: Here you can get help picking a rental.

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To feel safe in all conditions is the innermost desire of any human being. Popularity of home insurance is the proof of this.

Let us start with an example. You are making good money. Your children are studying in good schools. Your family life is going on easily and you are satisfied with your job. You can be sure of all these but are you sure that you, your family and your home is safe against any bad happening. One thing is sure that answering this question is not very easy. Because no one can be sure of his/her safety in any situation or at any point of time. Life is the name of uncertainty. That is the reason why people go for insurance.

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Buying a new home is a big deal for anyone, but perhaps even more so for people on a very tight budget. People who can’t come up with the minimum 20% of the loan as their down payment, for example, are required to get home mortgage insurance. Not to be confused with home insurance, home mortgage insurance protects lenders in case a borrower defaults on his or her payments. It is not required for people putting down 20% or more of the total loan value as their down payment.

What’s Covered?

Like auto insurance, home insurance, life insurance and other better-known types of policies, home mortgage insurance requires a monthly premium payment and is there to protect against financial loss.

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Fire can have devastating effects on all it touches and this element is a leading cause for accidental deaths in the nation. Taking fires seriously and making all attempts to fireproof your home is the only logical decision, and being proactive in fire prevention certainly helps.

Fire Prevention Steps

Whether a fire is started intentionally (i.e. fireplace, gas stove), or by accident (i.e. electrical or wildfire), they move quickly and cannot be easily controlled.

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If you own a home in Louisiana, you can take advantage of insurance and tax breaks bytaking on home renovations that comply with statewide building standardsenacted after Hurricane Katrina. Luckily, these renovations can not only help you save money in the long-run, but also protect your home from future wind and water damage.

According to Louisiana’s state insurance commissioner, state lawmakers passed three incentives in 2007 to have more homes meet new building-code standards through “retrofitting” – or making modifications.

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