Does Your Insurance Cover Flooding

Does Your Insurance Cover Flooding

Does Your Insurance Cover Flooding?
Considering the​ climate is​ ever changing and the​ majority of​ the​ UK has in​ recent weeks (June 2018) been suffering from unusual weather and in​ particular rain and storms,​ it​ is​ now more essential and more important than ever that you​ know whether or​ not you​ are covered by your policy for events such as​ flooding .​
Just recently many people have found that they didn’t have the​ valuable cover needed,​ while others were lucky and did,​ when torrential rains hit the​ UK and homes were flooded and possessions ruined .​
This one occurrence is​ thought to​ bring around 1,​200 claims on​ insurance for the​ ones that were lucky enough to​ have cover.
However a​ sad fact is​ that while many people do have insurance for their homes and believe that they are totally covered,​ a​ staggering 257,​000 of​ all claims against policies are turned down every year simply because the​ home owner hasn’t taken out the​ right policy or​ they didn’t bother to​ look at​ what the​ policy did and did not cover and have found that they aren’t covered when it​ comes to​ making a​ claim.
One of​ the​ biggest reasons why adequate cover isn’t taken is​ due to​ the​ fact that the​ majority of​ people simply take the​ cheapest policy they find while not looking at​ what the​ policy entails .​
While of​ course everyone wants the​ cheapest premium,​ it​ is​ also essential that you​ have the​ right amount of​ cover for your needs,​ while savings are essential on​ your premium in​ the​ long run cheapest isn’t always the​ best.
When considering your home insurance the​ number one thing to​ make sure of​ is​ that you​ have all the​ cover you​ need .​
Using a​ specialist broker for your home insurance is​ the​ easiest way of​ keeping the​ cost down and you​ are able to​ quickly and easily make comparisons for the​ same coverage from the​ information provided by them .​
Always remember when comparing policies that they all have hidden exclusions within them and it​ is​ essential that you​ check these out,​ while one policy might offer the​ cheapest premiums,​ it​ might not include the​ same cover that a​ more expensive policy might and as​ such will cost you​ more in​ the​ long run if​ you​ have to​ pay out for added extras.

Related Articles:

Related Topics:

Insurance News - Insurance Guide - Insurance Tips - Insurance Advice - Insurance Videos - Insurance Support - Insurance Questions - Insurance Answers - Insurance eBooks - Insurance Help

Powered by Blogger.