Home insurance is the type of property insurance that covers private homes. It is an insurance policy that protects the individual and their home which can include losses and damages occurring to the house and its contents. Furthermore, personal possessions and public liability for accidents that may happen at home are also covered.
Insurers will need a lot of information about the property including the value, construction and materials for the building, and different insurers might not insure unusual properties if they see them to be too high a risk. This could include thatched cottages, holiday homes and properties at risk of flooding and subsidence.
The insurance policy itself is a contract which states what will and will not be covered in the event of a claim. Read more…
According to recent research, October is a costly month for insurance companies, both in terms of property and of motor claims. It seems that, for a minority of people, Halloween and Bonfire night prove a golden opportunity for anti-social and downright malicious behaviour.
The practice of trick or treating, which originated in America, has become more and more popular in the UK in the last twenty or so years but the jocular threats to cause mischief have become more and more serious and insurance companies have reported claims for broken windows, a wall being overturned and other damage to property caused by missiles such as broken eggs.
Police in various parts of the country have become involved in campaigning, along with schools and other bodies, to get the message across to youngsters that this is unacceptable and could lead to criminal charges.