Renters insurance is considered as a valuable investment that every home renter should have or should consider to get. Although in the past, a lot of home renters do not bother getting it because they think that they do not really need it and that it is something which is not worth paying for every month; nowadays, because of the increase in the number of insurance companies that are offering low cost renters insurance policies, more and more renters are getting an insurance policy and are realizing just how beneficial one it is for those who are renting any piece of property.

A renters insurance policy should provide coverage for any lost or damaged items and belongings of the renter which has been caused by a fire, flood or a hurricane. Full Post…

Often, people assume that they don’t really own enough stuff to make renters insurance a good buy. This is especially true of younger renters, who often don’t think about how much they really do have or of all the ways it can be taken from them. Invite an insurance agent over, though, and we’ll bet he can show you how much you really do have that’s worth protecting.

We know. The insurance agent is just there to make money. We would never claim that his motivation was anything else. Heck, t

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A guide to getting specialist buy to let building insurance, why it is important to get specialist landlord insurance.

If considering investment in a buy to let property, then it is essential to check that one has the appropriate level of home and buildings insurance to cover the commercial usage of the property. One solution may be to take out a specialist landlords insurance policy or buy to let buildings insurance.

Why take out Landlord Insurance or Buy to Let Buildings Insurance?

When investing in a buy to let property, then an individual is essentially using the building as a commercial operation, as opposed to using the property for home dwelling purposes. Full Post…

Aggregate deductible, straight deductible and others.

The following deductibles are commonly found in property insurance contracts:

• Straight deductible

• Aggregate deductible

Straight Deductible

With a straight deductible, the insured must pay a certain number of dollars of loss before the insurer is required to make a payment. Such a deductible typically applies to each loss. An example can be found in automobile collision insurance.

For instance, assume that Ashley has collision insurance on her new Toyota, with a $500 deductible. If a collision loss is $7000, she would receive only $6500 and would have to pay the remaining $500 herself.

Aggregate Deductible

Commercial insurance contracts sometimes contain an aggregate deductible. An Full Post…

For senior homeowners in Connecticut, getting cheap home insurance is difficult enough, but for those who have taken long-term policies in preparation for a comfortable life in nursing homes, the problem has just gotten bigger.

This is because the Insurance Department of the state has recently approved a 39% rise in long term insurance premiums offered by MetLife. Elderly residents who have policies for this type of insurance are facing a yearly payment that is almost double of what they used to pay. According to most of them, this could prove to be impossible to fulfill.

The premiums, which are meant to cover in-home assistance and nursing home care, have reportedly been rising in the past few years, but the recent jump is the highest so far for state holders. Full Post…

If you’ve been a homeowner for a while you’re probably already familiar with the ins and outs of buying homeowners insurance; however, if you’re new to the insurance game the legalese (and insurance-ese!) that go hand in hand with any homeowners insurance policy can send you screaming for the hills! Don’t throw in the towel just yet. Here’s a look at the most frequently asked questions about buying homeowners insurance to get you started on the path to finding the protection you need at a price you can afford without having to put yourself in your insurance agent’s debatably trustworthy hands.

#1: Why Do I Need Homeowners Insurance?

The number one question asked by anyone buying homeowners insurance for the first time is why they need homeowners insurance at all. A quick gla

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