We all have our home sweet home. It’s the place where we relax, take time off from work, and even celebrate with our friends during some weekends. However, as much as it may deem to be the safest place for us and our family, cautious measures should always be implemented so that we may avoid possible injuries and big amounts of expenses, especially when disasters such as calamities and storms arise. Yes, we shouldn’t need to worry if our house is well-built, but some disasters are strong and unavoidable, so much that what we can do is just simply prepare for any type of catastrophes. With that being said, a home insurance is always a good option when it comes to protecting our home and financial well-being. We had enumerated a few valuable tips on getting the most out of your home insurance.
1. Know your home’s value.
As with the prices of things we buy in the supermarket, knowing the value of our home may save us hassle in the future. This would help the insurance company and home builders to determine how much claim would be given to you, in such time that your home is damaged due to calamities. This is not limited to storms, as fire and other accidents that happened within your home that caused the damage/destruction may also be covered. Take note that there are premiums that would extend some coverage, which is why it is wise to research about home insurance policies as well.
2. Cause and effect.
Speaking of policies, know that external factors matter when it comes to choosing a premium. May it be crime rates in your neighborhood, your living habits, your home location, how close you are to highways and busy areas, trees around or near your home, etc. your surrounding will always have an effect on your home. The more risk your home faces from these external factors, the higher the premium that your home insurance should be entitled to. It may cost much at first, but it is always better to be prepared for everything.
3. Prevention is better than cure. It will also bring discounts.
This is true in most cases, as some insurance companies are willing to give you a deduced price on your premium expenses if you have safety measures in your home. Things such as a home burglary alarm system, well-maintained bolt locks, fire alarms, well-maintained wiring and electrical system, a nearby fire hydrant, a nearby police department, and a well-structured and maintained stairs, sidewalks, driveways, and entrances (less chance of injury), etc. may show the insurance company that you clearly care about your home and may share that concern well enough to provide you discounts. The reason that most insurance companies would do this type of offer is that some people with no best interest at heart would try to scam the companies by purposively damaging their own home, and then blame it on the lack of security measures.
After reading our tips, you decide to avail a home insurance so that you may be protected from the unforeseen occurrences of nature; however, you can’t decide which one to go for. No need to worry, as Cebuana Lhuillier Pawnshop offers their HomeCARE Insurance, a very affordable Residential Fire Insurance coverage. It offers loss protection to buildings and residential dwellings including their contents against perils of fire, lightning and other allied perils such as earthquake, typhoon and flood. Never fear the force of nature, ever again. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy, and secure transaction.