If your property is damaged in a storm, will your insurer pay up?
How to claim for storm damage; understanding when your insurer may refuse your claim.
As I write this, rain is lashing against my office window and the winds are pretty relentless, to say the least. So I’m pretty confident it’s a storm. But when it comes to storm damage claims, insurers don’t have any official definition of what counts as a storm. While household insurance will pay for damage caused by a storm, it won’t cover the costs of damage during ‘normal’ rough weather. So what happens if you and your insurer don’t agree?
A flooding insurance deal will cap insurance costs for flood risk homes
If you live in a flood risk property, will you be able to get insurance under the new deal?
If you live in a house that’s at risk of flooding, you should be able to continue to get insurance for it. That’s because the insurance industry and government have reached an agreement that means most properties will continue to be offered buildings insurance with flood cover. But, the bad news is that this new agreement isn’t due to take effect until 2015 and not all properties are guaranteed to be offered insurance.
Using price comparison sites to buy household insurance
How can you get the best deal if you’re using a comparison site to buy insurance?
Millions of us use price comparison sites to compare insurance policies before we buy. It’s made comparing insurance much quicker and can save you money, but there is a danger that you may end up with the wrong insurance policy or with one that doesn’t do what you expected it to. I’ve bought my household insurance through a price comparison site and by using a broker (currently, it’s been arranged by a broker). Here’s what you should bear in mind.