Archive for the home insurance Category
Home insurance firms are set to lose £4 billion a year by 2035 on repairing flood water damage unless the industry takes the lead in creating a flood prevention strategy.Insurance companies should work with the Environment Agency and local authorities on putting flood prevention measures in place and making homes flood proof, Co-operative Financial Services said.“As insurers we have to look at our own position and we have a responsibility to our customers to speak up when things are progressing too slowly,” said James Hillon, Co-operative head ... [Full Story]
12.9.2009| Insurance News, home insurance | Jessen
Following the recent unprecedented levels of rainfall in Cumbria and the ensuing flooding, the Association of British Insurers (ABI) has issued guidance to those who have been affected.The ABI advises that household and business insurers cover flood damage and should be contacted as quickly as possible.Many insurers operate a round-the-clock helpline, which can offer assistance inspecting damage and arranging for repairs.The ABI also advocates carrying out temporary repairs if these will prevent any further damage, or worsening of present damage, ... [Full Story]
12.9.2009| Insurance News, home insurance | Jessen
AXA is urging homeowners to consider their plumbing, as the Christmas break approaches.According to the insurer, around 35% of Britons will be away for a few days over the Christmas and winter holiday period, when burst pipes can be a bigger threat to belongings than burglary.During December 2008 and January 2009, more people claimed for “escape of water” than for either fire or theft, with the average claim for water damage from a burst pipe at just over £15,000, comprising £4,200 for contents and £10,900 for buildings.However, the firm’s ... [Full Story]
12.9.2009| home insurance | Jessen
Aioi Insurance Co. Ltd. [85028] has acquired a 35% stake in Zenkankyo, a mini-insurer specializing in short-term household insurance, in a bid to enhance business development for products and services in Japan.Aioi and Zenkankyo will operate mutually as two entities with the promotion of their insurance business in the house rental sector, according to the insurers' joint statement.With capital of 1 billion yen (US$11 million), Zenkankyo reported net income of 181 million yen and premium income of 6.4 billion yen for the fiscal year ended March 31, ... [Full Story]
12.8.2009| home insurance | Jessen
Protect your house — and your possessions — with home insurance through Progressive. For homeowners, insurance protection is an important aspect of homeownership. Buying home insurance means buying protection for your home — both inside and out.Progressive Home Advantage, underwritten by select homeowners insurance companies, offers home insurance, condo insurance and renters insurance to new and existing Progressive customers. What is home insurance? Homeowners insurance, or home insurance, compensates you for losses to your home and your ... [Full Story]
11.3.2009| home insurance | Jessen
Sales of existing homes surged 9.4% in September to a seasonally adjusted annual rate of 5.57 million units, as lower prices and the looming expiration of a federal tax credit lured more buyers into the market.The data, released Friday by the National Association of Realtors, portrayed a housing market that continues to stabilize across the country and gives ammunition to those trying to extend the $8,000 tax credit for first-time home buyers.Prospects for extending the credit remain mixed. On Capitol Hill, there are deep concerns about the program's ... [Full Story]
10.24.2009| home insurance | Jessen
Home insurance quotes are costly for any homeowner. It is also an unpredictable one since the homeowner can pay their premiums for years without ever having to file a claim to actually benefit from their insurance. So that is why it is extra frustrating when a homeowner needs to file a claim and is denied by their homeowners insurance company. There is an easy way to keep this catastrophic event from happening in the first place, according to an article recently published on InsuranceAgents.com.“The first step in avoiding a denied claim is finding ... [Full Story]
10.24.2009| home insurance | Jessen
Anybody watching the Yankee-Angels series understands why home field advantage offers such an important edge. He who bats last often laughs last.Jockeying for the same sort of advantage is going on in the Senate right now in the debate over whether to add a government-run insurance plan to the big health care legislation.Supporters of the public option want it in the bill at the outset, meaning opponents would need 60 votes to pass an amendment stripping it out.Opponents want the hurdle turned the other way — leave the government plan out of the ... [Full Story]
10.24.2009| home insurance | Jessen
WASHINGTON -- Senate Majority Leader Harry Reid (D., Nev.) floated a new version of a popular home-buyer tax-credit extension, and aides say he aims to have a vote on the measure as part of the coming debate over extending federal unemployment insurance benefits.The alternative proposal would continue the $8,000 credit for four months past its current Nov. 30 expiration, and gradually phase it out after that.The value of the credit would drop by $2,000 every quarter until it halted completely by the end of 2010.The proposal is the latest of at least ... [Full Story]
10.24.2009| home insurance | Jessen
Even if the house was condemned by the building inspector of the city yesterday morning, Roger E. Castell felt quite optimistic about the joke that was hidden in a truck landing on the couch Falcon (boy with balloons) in the attic. “What can I do? It's only a house,” Mr. Castell, 61, said. “But can you tell me, how do you get on ‘Extreme Makeover?' ” Extreme Makeover: Home Edition is a television reality in which local contractors working with the makers of the construction or renovation of housing for needy families. Mr. Castell Stafford ... [Full Story]
10.22.2009| Featured, home insurance | Jessen
Owners may want to make sure that home insurance is effective even before the clocks go back this weekend.The time has passed from darkness is more than theft and vandalism to property income - in particular, sheds and workshops, reports the Stroud News and Journal.PC Mark Godsland, crime prevention design adviser for the Cotswolds, said: "The change in the hour as winter approaches always coincides with a rise in the number of house and shed burglaries being reported."Precautions that could minimize the risk of house fires are aligned left to give ... [Full Story]
10.22.2009| home insurance | Jessen
Saga is offering high levels of cover with its home insurance to provide top protection for customers' gardens, it announced this week.The insurer said it knew how much its target customers, the over-50s, valued their outdoors space and it therefore provided as standard up to £250 worth of garden cover.As part of its policy, it also covered £2,000 for theft from outbuildings as standard.And, for an additional premium, customers could extend this cover to include an extra £1,500 worth of protection for any loss or damage to the lawn, plants, garden ... [Full Story]
10.22.2009| home insurance | Jessen
Millions of households could have insurance unnecessary because they have been notified last child will be prosecuted.Companies seeking to say, hanging over beliefs about yourself or someone in your family. These include drink driving, drunk and disorderly offenses and shoplifting. There are 7.3 million Britons on the offender index Ministry of Interior - and 99 percent live in the community.The index covers offender belief is not spent even if the penalties - jail, fine or suspension - is the means is not, as restored.The period is a crime ... [Full Story]
10.22.2009| home insurance | Jessen
