Home insurance is not required by law, but is extremely beneficial to family, couples and homeowners. Does it have disadvantages? What is the Insurance Benefit on home insurance? Let us find out now.
The benefits of home insurance online
You have just received the work, but there is a lot of hesitation in your decision to take out a home insurance policy. Here is a small inventory of the advantages of the subscription of such a cover:
A wide range of guarantees
By taking out a multi-risk home insurance policy, you are automatically covered in the event of, fire, water damage, natural disasters, storms, broken windows, etc. You will also benefit from a liability cover, allowing you to compensate a third party.
Excellent coverage / price ratio
For only a few euros a month, you will be protected in case of burglary, bombing or theft on your vacation spot.
A modular formula to choose from: multi – risk home insurance is infinitely customizable . It can cover any type of residence: apartments, house, houseboat, loft; and any type of property: appliances, clothing, valuables, liquidity, artwork, etc. In addition, there is simplicity of execution thanks to online subscription, modification and termination services.
The disadvantages of Wrong home insurance
Home insurance can also be disadvantageous, especially if you do not make the right choice of provider and formula. Here are the most frustrating cases:
The home insurance scams: your insurer does not want to compensate you in the event of a claim by misinterpreting a passage in your insurance contract
The franchise: by applying the deductible and the ceiling, you may not receive any compensation in the event of a claim. Nevertheless, you have the choice to subscribe the option zero franchise in extension.
The limitation of guarantee: some economic formulas offer a very limited coverage which is limited to the basic guarantees, namely, fire, water damage, attack and natural disasters.
The ceiling: note that in the event of a claim, your insurer will indemnify you up to the ceiling authorized in your contract. If you have a valuable asset to guarantee, it is strongly recommended to raise this ceiling
Re-equipment with use value: this is the default compensation in case of disaster. The insurer will calculate your compensation depending on the age of your property.
Choose your home insurance
Choosing a home multi-risk insurance plan is to ensure the security of your home and take advantage of a coverage adapted to your needs. To do this, start by listing your needs. In the case of home insurance, it is about estimating the value of your capital: furniture, jewelry, artwork, clothing, appliances, mobile device, etc. Note that the higher the value of your possessions, the higher your premium will be. You will then need to request a quote.
Once your quotes in hand, subscribe a form with the insurer of your choice
When subscribing, pay attention to the amount of deductibles, you can back off if in detail does not suit you. You will have to be as vigilant regarding the methods of compensation: replacement with value to new or value-use.