Property Insurance

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Home insurance premiums have risen at an average of 6% over the last twelve months says a report from moneysupermarket.com, recording a rise for a typical buildings and contents insurance from £142 to £151 per year.

While the rise is well above the annual inflation rate, it is nothing compared to the increases seen in motor insurance over recent months.

However, make hay while the sun shines as insurance companies have yet to factor in the cost of last winters freezing weather and the enormous amount of claims made over that period.

Fraudulent claims are again becoming a growing concern, something that always appears to increase during recessionary times. D

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If you are thinking about buying a home, or if you’ve already started the process, your mind is probably filled with thoughts about what you should be doing and worrying about whether you’ll get to move into your dream home.
These days buying a home can be troublesome, and there is a lot of paperwork involved in getting to the day of the big move. Home insurance, available from www.endsleigh.co.uk, is one area that many people aren’t clear about – is it compulsory? Does that mean it’s required by law or is it just recommended?

Home insurance can be split into two areas – buildings insurance and contents insurance. Buildings i Read more…

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If you own your property, then you will understand the importance of home insurance coverage. However, fewer people realise that home insurance policies differ between, and within, insurance companies.  Some policies may offer comprehensive insurance, other policies may provide minimal coverage only.  It is essential that homeowners understand the market and base their decisions on the level of coverage, rather than the price – as many people are prone to doing.

The chances of claiming on a house insurance policy are very small.  However, it does happen.  Some properties are more prone to hazards.  For instance, a house built in a plain is more likely to experience problems with heavy rains (floods, leaks, etc.) than a house built at the top of a hill.  It is advisable that homeowners establish the risks associated with their particular type of property, and its location, to ensure the insurance policy covers the potential dangers. Read more…

A new report from the Insurance Information Institute (I.I.I.) revealed that dog bites represented more than one third of home insurance claims in 2010. Despite this high number of claims, the I.I.I. found that dog bites remained relatively consistent with those in the year prior.

Nearly $413 Million Paid in Liability Claims

According to the I.I.I., nearly $413 million was paid out in home insurance claims as a result of dog bites. While the total claims payouts were slightly higher than in 2009, the number of dog bites claims decreased to 15,770 in 2010 from 16,586 a year prior.

Some reasons for the rise in claims payouts despite the decrease in claims made were increases in medical costs, the size of settlements, judgments and jury awards to plaintiffs.

Learn More during National Dog Bite Prevention Week, May 15-21

The I.I.I. rep

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Today we will discuss the possibility of hiring a home insurance online, via the Internet, in contrast with the other options available to us.

Hiring a home insurance even today may seem a daunting task, and sometimes heavy, because although we do not understand the terms or concepts of coverage, we do not know how to calculate the continent.

So we turn to the banks, and savings of our mortgages, and trust to give us good advice, but we forget that these people are working for an entity, and perform their work in favor of this, and there are consultants hired by So there are three factors that can lead us astray:

1 With financial skills but no insurance.

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