We’re all aware by now of the complete chaos that the cold weather can bring to our travel plans, and, as such, many people are choosing to stay inside for longer. But now we’ve been warned of a new problem that the cold weather brings directly to our homes.

Confused.com has just revealed that the cold weather could lead to an increase in rat infestations as they seek shelter in the warmth, which could have home insurance implications.

As well as the general unpleasantness of an infestation, the presence of rats in the home can lead to financial costs. Rat

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Perhaps one of the most painful thing a family man or woman like you can experience is seeing your house fall down after all the efforts you have had exerted to little by little build your family?s dreams. Indeed, catastrophes like storms, floods and fires can cause your hopes shatter as the basic foundation of your faith breaks.

Now, even if these disasters are without a doubt most of the time inevitable, learn by heart that the stroke of luck can never be forever beyond your reach. You can actually avoid these losses and initiate means for the protection and indemnity of your properties, and of your family at large. Read more…

Homeowners across Florida may be finding it harder to deal with living in the state than ever this winter. Not only has this winter seen an unusual level of cold sweep across the state, but almost two dozen new sinkholes have opened up this winter and to top it off 125,000 Florida property insurance policies held by State Farm will not be renewed by the company.

When the temperature drops over the farmland in Florida during the winter, farmers spray strawberry crops with water to help protect them from the cold. The thin layer of ice helps to protect the plants from frost damage which can damage the fruit.

Though this is a standard practice in Florida?s winters, usually it is only necessary a few times over the course of the winter. Read more…

After the “snow-nami” has walloped the East Coast over the last week, many homeowners have been concerned with damage caused by snow – and they should be since the Insurance Information Institute (I.I.I.) says winter storms cause $1 billion in annual property damage. What’s interesting, however, is that depending on the type of damage a storm causes, you may or may not be covered by your homeowners insurance policy.

Why Your Homeowners Policy May Not Cover Everything

While your homeowners insurance policy covers a lot, it doesn’t cover everything. For instance, earthquakes are not covered in a standard homeowners policy, and neither are floods.

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Cheap home insurance can mean limited coverage for yourself, your family, your house and your other possessions, so before accepting a cheap insurance policy, examine first what it covers and know why your premiums are low.

The adage too-good-to-be-true also applies in home insurance. An insurer cannot sell you a very low-cost policy and at the same time offer you complete coverage. There has to be some provisions in the standard house insurance coverage that were removed or revised so that they can reduce their liability and also reduce your premium.

One of these ways is through your insurance deductible. Your premium may have been reduced by 20 or 25 percent, but your deductible has been raised from $500 to $1,200. Read more…

Due to the current instability of the U.S. housing market, more Americans are choosing to rent the roofs over their heads. Nearly one-third of the nation’s population rent their homes. According to a survey conducted by insurance provider Allstate, of the 87 million renters (2008) only about 40 percent of them have a renter’s insurance policy.

Like homeowners, renters are at risk of having their property destroyed, damaged or stolen. Renters insurance can not only mitigate financial loss but also provide overall peace of mind. Standard rental insurance is relatively inexpensive, costing about $12 a month.

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