House and Contents Insurance - Get Both for Full Protection
It is amazing that so many people who obtain homeowner's insurance somehow think that they can get along just fine without both house and contents insurance.
Sure, coverage for the house is usually an element of the mortgage agreement, but just because you are not required to carry contents insurance doesn't mean that you should leave your precious belongings to the whims of nature and human malice.
Fire, flood, tornado, and theft can all result in the loss of expensive merchandise and sentimental treasures and tragedy is certainly no respecter of persons.
The only way to have true security and peace of mind is to ensure that you have both types of coverage.
What is contents insurance? Some people are only dimly aware that contents insurance is actually available.
When they think about house and contents insurance coverage, they imagine only the actual property damage that can occur and neglect to consider the fact that many people have furniture, stereos, computers, and other belongings that can sometimes garner an aggregate value that is nearly that of the house and property! All of that property can be destroyed in a matter of moments, and you simply cannot hope to replace such expensive items without some type of contents insurance.
Assessing the value Getting contents insurance is often easier than proving a claim, however.
The first thing you should do when you obtain your insurance is to catalogue the belongings that you want covered, assess the total value of the items, and get the coverage needed to replace them if they should happen to be destroyed.
Since you will have to prove to the claims representative that the property was in existence if you ever have to make a claim, many experts recommend that your catalog of items include photo evidence of each item covered, shown in its actual location in the home.
This type of evidence can ease the claims process tremendously.
Getting the right price Of course, getting the right kind of house and contents insurance does not guarantee that you will be able to afford the premiums or deductibles.
Because insurance costs can be so high, it is important that you shop around for the best prices before committing to a policy.
One of the most important ways to save money on insurance costs is to calculate the damage done during a catastrophic loss and what you could manage to afford toward replacing your valuables.
That amount should be the deductible that you set with the insurance company.
The policy should cover all of the costs above that amount.
Remember first and foremost that there is nothing more important than proper coverage for your home and belongings.
As a result, your first job as a new homeowner should be to find the best house and contents insurance that you can so that your beloved home and personal property are protected.
Then, no matter what may come, you can rest easy with the peace of mind that comes from knowing that your most treasured possessions are protected.
Sure, coverage for the house is usually an element of the mortgage agreement, but just because you are not required to carry contents insurance doesn't mean that you should leave your precious belongings to the whims of nature and human malice.
Fire, flood, tornado, and theft can all result in the loss of expensive merchandise and sentimental treasures and tragedy is certainly no respecter of persons.
The only way to have true security and peace of mind is to ensure that you have both types of coverage.
What is contents insurance? Some people are only dimly aware that contents insurance is actually available.
When they think about house and contents insurance coverage, they imagine only the actual property damage that can occur and neglect to consider the fact that many people have furniture, stereos, computers, and other belongings that can sometimes garner an aggregate value that is nearly that of the house and property! All of that property can be destroyed in a matter of moments, and you simply cannot hope to replace such expensive items without some type of contents insurance.
Assessing the value Getting contents insurance is often easier than proving a claim, however.
The first thing you should do when you obtain your insurance is to catalogue the belongings that you want covered, assess the total value of the items, and get the coverage needed to replace them if they should happen to be destroyed.
Since you will have to prove to the claims representative that the property was in existence if you ever have to make a claim, many experts recommend that your catalog of items include photo evidence of each item covered, shown in its actual location in the home.
This type of evidence can ease the claims process tremendously.
Getting the right price Of course, getting the right kind of house and contents insurance does not guarantee that you will be able to afford the premiums or deductibles.
Because insurance costs can be so high, it is important that you shop around for the best prices before committing to a policy.
One of the most important ways to save money on insurance costs is to calculate the damage done during a catastrophic loss and what you could manage to afford toward replacing your valuables.
That amount should be the deductible that you set with the insurance company.
The policy should cover all of the costs above that amount.
Remember first and foremost that there is nothing more important than proper coverage for your home and belongings.
As a result, your first job as a new homeowner should be to find the best house and contents insurance that you can so that your beloved home and personal property are protected.
Then, no matter what may come, you can rest easy with the peace of mind that comes from knowing that your most treasured possessions are protected.