February 11, 2009

Home insurers to deny cover

Story link: Home insurers to deny cover

In the very near future, homeowners being denied cover for their properties is likely to be become very prominent in the home insurance market. Although we feel it’s home insurance companies duty to serve us, they simply can’t survive financial paying out all the flood claims every year.

Home insurers to deny cover

Tougher planning controls are needed if flood insurance is to remain widely available for new homes, an insurance trade body warned today.

The Association of British Insurers (ABI) said a third of the three million new homes the Government planned to build by 2020 would be on a flood plain.



Is your technology covered?

Story link: Is your technology covered?

Many people that hold insurance for their property do not actually know what the premium covers.

Home insurance companies have literally been flooded by claims, a lot that are directly related to technological equipment. To the horror of some insurance holders, their insurance company does not actually cover technology based items, so its worth checking.

Is your technology covered?

Are you insurered if your computer fails and leaves you without precious music, pictures and video. Richard Dyson investigates.

The price of computers is falling, but the value of what we store on them, such as music, films and games, is rising sharply.


 

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