Buildings Insurance And The Threat Of Flood
What is the impact of increased flooding risk in the UK? What happens if your home becomes effected by flood?
Flood is an increased problem in the UK. Buildings insurance companies are concerned about the rising risk of flood. Claims to settle flooded properties are by nature quite expensive. Flood also tends to be a recurring threat at properties which means that once effected a home could suffer more than one flood in a short period of time.
This makes accepting flood risk properties difficult for UK insurance companies as there is almost an inevitability that the property will once again face flood damage.
The general rule amongst house insurance companies is that if a building suffers flood, the present insurer will continue to cover it at renewal of the policy. However you will be unable to switch insurer at this stage. Whilst this may mean you are stuck with a limited choice of insurers willing to cover the property, at least you are offered protection.
If you move into a property that is liable to flooding, you should investigate who previously insured the home. this might be your only chance of getting proper buildings cover for the property.
There are some flood specialists on the market who may be able to offer cover. Yourhomeinsurance.co.uk, a site dedicated to house insurance in the UK does not accept flood risk properties.
Tim Larden writes for yourhomeinsurance.co.uk - buildings insurance a buildings and contents insurance site in the UK. The site also carries a house insurance news centre and has a useful zone for tips on reducing your home insurance premiums
Inside-information Regarding Your Motor Vehicle Accident Insurance Claim
Here's some "Inside-Info" you must know so you won't be taken advantage of on your motor vehicle accident insurance claim and also: SO YOU CAN COLLECT EVERY DOLLAR THAT'S OWED TO YOU !The following 8 are just "The Tip Of The Iceberg":#1. There are situations where you can collect for your "Lost Wages" even if you were paid by your employer and/or collected "Sick Leave" while unable to work.#2. You can collect money and be reimbursed for any and all "Over The Counter" (non-prescription) medication you purchased during your recovery.#3. Under normal circumstances unless a claim ends up in court (several years after impact has taken place and you are fully recovered) you do not have to agree to be examined by the insurance company's doctor.#4. There are many times t...(related: Insurance)
Auto Insurance Rates
Auto insurance rates will vary depending on the insurance agency, your driving record, and the type of insurance you are looking to purchase. I you are looking for affordable car insurance or truck insurance then read on.There are ways to reduce your premiums without giving up coverage. One of the easiest things to do is get auto insurance rate quotes online. This will allow you to comparative shop stress free.Raising your deductibles is the easiest way to reduce your rates. The higher the deductible, the lower the premium will be. The deductible is the portion you will have to pay in the event of accident, before your insurance coverage steps in. It's important not to carry a deductible that's more than what you ar...(related: Insurance)
Life Insurance, The Universe, And Everything
You may have noticed that life insurance is coming back into fashion. It's true that it may not be the financial term on everybody's lips, but sales of life insurance have been going up, according to the Association of British Insurers. Whilst we may not be saving the...(related: Insurance)
Home Insurance Rates In Northern Ireland
A recent survey took the most popular type of home in the UK, the three-bed semi, and compared the quotes given by insurance companies for different postcodes around the country. Northern Ireland came in top for buildings cover with an average of £119.The premiums are affected by such variables as the amount of subsidence in the area, and the size and rebuild costs of the house. Some policies were based on the number of bedrooms in the house, but there is also the issue of the cost of rebuilding, which vary due to local construction standards, the cost of labour and the availability and cost of materials. When buildings and contents cover are assed together for a three-bed semi all over the UK, the cheapest average is in Lisnaskea in Northern Ireland, which has ...(related: Insurance)
Term Life Insurance On Your Business Partner
Life insurance is something we often take out to protect our family and our loved ones, but that's only one example of how life insurance can save us in unhappy circumstances. Businesses also need protection and those with partners realize that if a business...(related: Insurance)
Keys To Controlling The Future Of Health Care
Several key changes are necessary to get control of the costs associated with the run away health care system in the United States.Here are just a few suggestions:1) Cost information about medical procedures and cost comparisons to alternative treatments need to be more easily available so that consumers can make better educated health care choices.2) Outcomes and outcome comparisons of alternative medical procedures need to be more ava...(related: Insurance)
Health Savings Account (hsa): Do I Lose It At The End Of Each Year?
The Health Savings Account (HSA) is an amazing tool to reducehealthcare expenses and insurance costs. But do you lose it atthe end of each year, like with a Flexible Savings Account (FSA)?Thank goodness, no! You do not lose your HSA money at the end ofeach year.Health Savings Account were created specifically to be BETTER thantheir predecessors, Flexible Savings Accounts (FSA) and Medical SavingsAccounts (MSA).Your HSA does not have to be used up within the year. In fact,the money can just build and build each year if you don't need it. Itwill be there for your health crisis if that ever happens.If you never have that health crisis (and I hope that's the case foryou!) then you will have a nice little nest egg built up ofyear-a...(related: Insurance)
Life Insurance Fears Post The London Bombings Tragedy
Following on from the tube train and bus bomb attacks in London there was a move from several UK insurance companies to reassure victims that claims would be processed "quickly and sympathetically". This need for reassurance came in light of concerns that many victims of the blasts would not be covered by their existing health and life insurance cover. This would mean that families of the bombing victims could not only lose a relative, but also suffer financial hardship as life insurance companies refuse to pay out on policies.Standard Life, Axa-PPP and Norwich Union all announced that policy holders would be covered for events on the 7th July. Standard Life said that...(related: Insurance)
Uk House Insurance - The Risk Of Under-insurance
For many years in the UK, motor insurance has been a competitive marketplace. Consumers have been used to shooping around at renewal time with a host of direct companies available. The internet has further fuelled this change allowing more people to access better information when their policy is due for renewal.House insurance has until recently been a much more stable financial product. The relative stability of pricing, compared to a very fluctual motor isnur...(related: Insurance)