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What You Need To Know When Making A Claim
The risks to property are many and varied: theft, fire and water damage, to name a few. Your response depends on the type of loss you face, but here are some hints to get you started:
Assess the damage as well as you can. This will make the call to your insurance company more relevant and more meaningful. If you have a camera, you can take photos or videos of the damages you will be claiming for. Documentation is going to be a part of this process, so having accurate information is extremely helpful. Inventory your losses and make sure you list everything that’s missing or damaged.
Do not make repairs unless necessary and try to leave things as they are. This is part of establishing your claim with your insurance provider. Nevertheless, if more damage is occurring and your safety and security is at risk, you can try to mitigate the damage by making necessary repairs.
If the damage you experienced has left your house unfit for habitation, contact your insurance provider. You may be eligible for additional coverage over and above the ordinary package you are entitled to.
What about my Deductible?
All property policies incorporate a deductible. What this means is that you will pay the first part of loss. So, if for example, you have a $500 deductible and you’re claiming for $20,000, you’ll pay the first $500.
What about my Repairs?
We know that choosing a contractor, the choice is yours. Once the repairs are complete, make sure they are satisfactory. Review your appraisal and inspect the repairs to ensure they meet your expectations.
Premiums
Many insurance providers offer a discount when no claims are made. It normally applies to the year next following a complete year of making no claims. Under these circumstances, you won’t have higher premiums but you can lose out on a discount and this can raise the overall insurance costs.
If you make a number of claims in one year however, there is a good chance that your monthly premiums will increase. This varies based on your individual insurance provider and even which insurance product you’re claiming on. The change in your premiums will likely be affected by how often you claim, and what the values of your claims are. Usually providers look at customers who claim regularly as being a higher risk, and so they will charge you more than someone who is considered to be low risk.
Claim Time
This will ultimately vary depending on the severity and complexity of your claim and the subsequent repairs and replacements required to correct your loss. However, in an emergency situation your insurance provider will have provisions in place to help you in as many ways as possible and correct the immediate issues as quickly as possible.
To access more resources, visit alberta condo insurance or see Square One Insurance for the fastest and easiest online quote.
10 Unusual Ways to Travel
With the price of cars and fuel, automobiles can’t be the only way to get around. Perhaps peeking into a few international transportation alternatives will inspire you to take on a more pocketbook-friendly form of commuting.
1. Dog sleds
Although dog sledding has largely been replaced by the snowmobile, you can still mush for pleasure or competition. How many people can say they hug their ride and keep it running on kibble?
2. Tuk Tuks
Travelling via tuk tuk means sitting inside a cabin precariously perched atop three Vespa-like wheels that take you whizzing through people-packed municipalities and dusty rural byways, some as fast as 30 miles per hour.
3. Camels
In Africa and the Middle East, the working camel can be easily loaded with goods or passengers, thanks to their ability to kneel, while domesticated camels can take you for scenic traverses alongside the Pyramids of Giza.
4. Traghetti
If your hometown’s nickname is City of Water,
you’ll need help crossing Venetian canals via a traghetto, or ferry (unless you’ve mastered a more holy form of traversing watery byways). Just don’t expect any serenading.
5. The Shinkansen
If you were traveling 199 miles per hour and were never more than six seconds late, then you’d be hurling along aboard The Shinkansen, or bullet train. With the speed and visage of, well, a bullet, this spectacular feat of Japanese engineering can also be seen in France’s Train Grande Vitesse, or TGV.
6. Horse Driving
From Egyptian chariots to Russian troikas to English hansoms, horses really were the original car. In some parts, harnessed horses are still used for transportation. Horse driving has largely become a competitive sport, or a pleasurable way to see the countryside.
7. Aerial tram
Once used for hauling ore, aerial tramways now carry passengers along mountainous peaks. The Wings of Tatev—the world’s longest aerial tram—travels from the base of Armenia’s southern mountains, over the Vorotan River Gorge, to the lofty Tatev Monastery. At its highest point, you’ll be 1,049 feet in the air.
8. The Air Car
French company MDI have unveiled a car that is literally like riding on air. The Air Car runs on compressed air—nary a drop of gasoline required. This bug-like beauty recently made its debut at the New York Car Show, and production of vehicles is slated to begin in Switzerland in 2011. Incroyable!
9. Tap Tap Cab
They may look like part of a county fair parade, but these elaborately decorated trucks, complete with
benches in the bed, are actually public transportation, so named for the tapping you do with a coin when you wished to stop.
10. Boda-Boda
A good choice for the lonely commuter, a boda-boda is essentially a two-seater bicycle taxi found in Africa and Asia. The driver will take you to and fro as fast as his legs can carry him, but if you’re in a hurry, you may opt to hail the boda-boda’s successor: a piki-piki, or motorcycle taxi.
Any of those options sound like feasible alternatives to the conventional and pricey automobile? Yeah, didn’t think so. Of course, you could always walk…now that’s unusual!
Should I Rent Or Buy A House
First time buyers, couples or young families often consider buying a new property a no-brainer, as long as they can come up with the capital for a deposit. But since the economic crash, house prices have fallen and, although rising, are unpredictable. Nobody can really afford to buy a property with the chance of it decreasing in value but who wants to flush their money away on rent when they could be making an investment.
There are many benefits to renting, maintenance and upkeep is not your responsibility in any way. Most contracts are only around 12 months so after that you can up roots and move on if you wish. There are certain legislations in place to protect you and you have no chance of falling into negative equity.
Unless you find some sort of try-before-you-buy offer, rent is dead money; you pay it and never see it again. Many people over-budget themselves and pay so much in rent that they cannot afford to save for a deposit to actually buy a house. You may get a landlord or agency that is reluctant to spend any money on maintenance and need constant chasing; you should make sure you have a decent landlord who is registered and will put your deposit in the right place as stated by law.
If you can save up enough for a deposit, paying for a mortgage will be paying money into something that should ultimately hold its value if not increase your investment giving you a greater return in the future which can be put towards a bigger property. You can avoid any of the problems associated with a landlord and can ultimately do whatever you want in your own pad, your house, your rules.
Buying a house doesn’t just involve the price of the house, there are plenty of other costs involved such as setting up a mortgage; solicitor’s fees, surveyors etc, this could also include any repair costs needed to make the property liveable. Choosing a mortgage is difficult as you will need to find the right one for you, interest rates can vary and some banks and lenders offer more than others. You will be responsible for the property both aesthetically and legally.
Basically, it comes down to two things; do you have the equity to buy a property? And are you willing to take a risk with an investment? If so, then buy, if not, consider renting below you means for a while.
Many looking for a house rent Wirral often look for Wirral houses rather than flats or property shares which could help save money in the long run.