Published at Tuesday, April 10th, 2018 - 23:29:46 PM. Home Insurance. By Durand.
Do you have a farmhouse in the country side? If yes, is it well-protected? One of my colleagues had to face the same problem. While he lodged a complaint with the police, he needed money for repairing his property. Monitoring property continuously is not humanly possible, especially when it is located at a remote place. What if your property and things get damaged? You will have to pay huge repair bills. This is where home insurance policies seem to be effective. Home insurance is a kind of property insurance that is designed to protect your home. Damages to the property, house or its contents are covered under the policies. A host of items such as furniture, electronic equipment, clothes, jewelry, etc can be insured as the valuables kept in the house. Excluding physical intrusions by criminal elements, the umbrella cover is also extended to accidents at home and risks from natural calamities like floods, fire, earthquake, rock fall, landslide, etc.
Person A has pretty good credit and has never filed claims on her home insurance. Person B has pretty good credit and has never filed claims on her home insurance. You would think that a quote from the same company on home insurance would yield similar, if not identical, results, right? Unless they are getting a quote on the same house at the same time, their quotes will most likely be different. Why is that? Why do home insurance rates seem to be so random? Home insurance rates are actually not random at all. Each insurance company doing business in Nevada has to file their rating structure with the Nevada Department of Insurance. The DOI can reject the rating structure if they deem it to be unfair or unlawful. Once the rating system is approved, the insurance company must then apply the rating structure to all potential insureds equally.
Any content, trademark’s, or other material that might be found on the HELAENE website that is not HELAENE’s property remains the copyright of its respective owner/s. In no way does HELAENE claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.