Archive for the ‘Property Insurance’ Category
The home insurance or homeowners insurance, is the instrument with which we protect our most precious asset, the home of their own!, Against losses caused by disasters.
Details of coverage and basic recommendations
However, not all insurance covers all types of disasters, and unfortunately many people do not know the details contained in your policy until you need it, when it might be too late to discover that some aspect is not assured.
Most homeowners policies cover losses caused by disasters such as fire, lightning, vandalism, theft, explosion, storm, gusts and hurricanes; shock aircraft or vehicles, and sudden and accidental damage caused by water, for the breaking a pipe.
Well, what happens if the house is flooded by rising water level when a hurricane passes, for example, or is destroyed by an earthquake? Read the rest of this entry »
Rental insurance is one able to cover defaults when the tenant fails to pay the rent and it can also make sure the contents of your home before the tenant vandalism or third parties. Most of these insurance covers the payment of rent for 12 months in which the eviction process must be solved, in this case also come the costs of judgments or legal expenses up to 3,000 €.
All tenants look good at the time of signing the contract, but it is common that refuse to pay the last month saying he was paid to the bond, causing damage to the home or simply stop paying rent.
These problems of unpaid rent and damage to the houses are what keep many empty houses, precisely because of this fear and the lack of legal support with landlords. For these reasons there are many insurers that have decided to offer its customers the rental insurance:
* Landlord Legal DEPSA
* Mutual Insurance Rental
* Vacation ARAG Insurance
* Vacation Protection Insurance MAPFRE
* Family Home Insurance Mutltirriesgo Catalana Occidente
The home insurance coverage depend on whether we have a Multi-risk insurance or home insurance covering all risks of any incident in our home.
By home insurance can cover any type of risk that comes to mind, but it is clear that the higher the insurance coverage of our higher price. The issue of prices for home insurance as we have discussed above and mention the different coverages that can provide a safe home, such as cover damage caused by rain, theft, vandalism or fire.
What is the coverage of the most common home insurance?
* Serious incidents: fire, theft, lightning, vandalism, etc.
* Domestic accidents: broken windows, water damage, smoke damage, etc..
* Legal issues: liability, comprehensive Legal Protection, replacement of personal documents evidencing, etc.
What coverage does the Multi-risk home insurance?
Multi-risk insurance covers all damage to property in the property insured and covers both floors, such as houses or chalets. Coverage is guaranteed for both the continent (foundations, floors, walls, walls, etc..) To the contents (furniture, objects of special value and all kinds of jewelry).
Such policies cover damage caused by:
* Fire
* Explosion
* Flood
* Atmospheric Phenomena
* Electrical damage
* Breakage of windows, glass, mirrors and windows
* Rate of fire
* Cost of temporary accommodation
* Expenses for moving furniture
* Loss of rental income
* Damage caused by water leaks
Obtaining insurance
Before you can “lock” on your loan will be required to obtain two types of insurance: homeowners insurance and title insurance.
(1) Homeowners insurance
Homeowner’s insurance protects your home and possessions in case of an unfortunate event or accident. There are two components of homeowner’s insurance: insurance against damage or actual property insurance (casualty / property insurance) and third party liability insurance (liability insurance).
* Insurance against injury / property insurance (Casualty / property insurance). Covers your personal property (possessions of his house) in the case of a disaster or accident.
* Third-party liability insurance (Liability insurance). It protects you in case something happens to one person while the person is on your property and decides to sue you.
You can choose a basic policy (called HO-1) or five others that offer several additions, such as coverage in case of collapse of the building, renters insurance, condo or co-op. Read the rest of this entry »
The home insurance or homeowners insurance, represents the instrument with which we protect our greatest asset, the home of their own, against losses caused by disasters.
However, not all insurance covers all types of disasters, and unfortunately many people do not know the details contained in your policy until you need it, when it might be too late to discover that some aspect is not assured.
Most homeowners policies cover losses caused by disasters such as fire, lightning, vandalism, theft, explosions, storms, squalls and hurricanes; clash by planes or vehicles, and sudden and accidental damage caused by water, such as rupture a pipe.
Well, what happens if the house is flooded by rising water levels when a hurricane passes, for example, or is destroyed by an earthquake? Read the rest of this entry »