BUYING GUIDES..since 1995
|
GALT HOME:
Internet Guides - Finance - Audio/Video - Travel - Household/DIY - Health - Cars - Fashion - Sports - Entertainment - Cell Phones |
| MENU: Technology and Internet Guides | Travel | Health | Household | Sports ...independent online guides since 1995 |
What is homeowners insurance? How much is it?:Homeowners insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it. Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets. Damage caused by most disasters is covered but there are exceptions. The most significant are damage caused by floods, earthquakes and poor maintenance. You must buy two separate policies for flood and earthquake coverage. Maintenance-related problems are the homeowners responsibility. The cost of home owners insurance will vary with your square footage, the amount of valuables you want to insure such jewelry, antiques, etc. Also, your deductible will determine how much your insurance will cost. You can reduce the rate you pay by getting a home security system, placing your car and home on the same policy, or staying with the same insurer for years. You can expect to pay between $400-$1200 a year for reasonable house insurance. The large companies that offer home insurance are Nationwide, Geico, AAA, State Farm, Farmers, Liberty Mutual, and Allstate.
Mobile Home Insurance and Motor Home Insurance:A mobile home insurance policy is much like that for a home. It protest your entire mobile home investment and includes - an attached patio or deck, other buildings like a garage or storage shed, and it even covers additional costs that you may incur like hotel and restaurant bills if you are forced to move out of your mobile home. You can get a discount with a newer mobile home, approved protective devices and if you are over 55 years old. A motor home is something in between a car and a home but you still need insurance for it. Motor home insurance is a specialized policy which means you will have coverage whether out for a short trip or a long summer vacation in your motor home.What is renters insurance?:Renters insurance gives you financial protection against the loss or destruction of your possessions while you are renting an apartment, house or condo. The odds that your landlords insurance covers the loss of your possessions in the case of a fire or burglary are not good. Renter insurance covers only the value of your stuff, not the building you rent, so the premiums are fairly cheap. By purchasing renters insurance, your possessions are covered against losses from fire or smoke, lightning, vandalism, theft, explosion, windstorm and water damage (not including floods). Like homeowners insurance, renters insurance also covers your responsibility to other people injured at your home or elsewhere by you, a family member or your pet and pays legal defense costs if you are taken to court. Renters insurance also covers your living expenses if you are unable to live in your apartment because of a fire. There are 2 types of renters insurance policies - 1. Actual Cash Value which replaces your home or possessions subtracting the depreciated amount of the items - 2. Replacement Cost which pays the actual cost of replacing your or possession with no deductions for depreciation.
Cheap Home Insurance:The best way to find the discounted or cheap home insurance is to get multiple quotes from 1 source (save time and money). There are many sites on the internet that provide home insurance quotes with multiple offers. Just answer a few simpel questions and get a fast quote back. You can give it a try at Netquote.com or Allquoteinsurance.com.Home Owner Insurance Quote:The one nice thing about the internet is the instant gratification you can get from making things simple in your life. Getting insurance has been made easier through the internet. It's easy to get a home owner insurance quote from major companies like Allstate or State Farm by going to their websites and contacting them via online forms to get your quote. The nice thing about large insurance companies is that they are likely to have an agent in your hometown that help with the process as well since "claims" are the biggest headaches. As a customer, you want to know that someone will be able to help immediately if something happens to your house and having a local agent solves that issue.
Do you have a quality site or product that belongs in this guide? We are always happy to evaluate or review new products and websites. Feel free to contact us at the email address below and let us know about you. If you have a demo product you'd like us to look at, please contact us before sending anything. Thank you.
Send email to: galtemail (@) yahoo.com
|
