what does my homeowners insurance cover Archives

Protect the Contents of your Home with Proper Insurance

January 9, 2013April 14, 2014 Guest Author

So many home buyers focus on selecting the right dwelling coverage that they often overlook the importance of choosing a homeowners insurance policy with adequate contents coverage. A home insurance policy providers dwelling coverage, liability coverage, and contents coverage designed to pay for your personal belongings if they are stolen, damaged, or destroyed. If you are not sure what to look for in terms of contents insurance when you are building a home insurance policy, read on and learn how to choose the right policy with the proper coverage limits…

Federal Government’s response to Natural Disaster Insurance Review called inadequate by opposition

November 16, 2011May 7, 2013

The response of the Federal Government to the Natural Disaster Insurance Review has just released, and the opposition is not pleased with what they have seen. The Government has decided that it will be introducing a new standard definition for the concept of a “flood”, and has announced that it is also considering making flood coverage a required inclusion in all standard homeowners’ and contents policies. However, for the majority of the 47 total recommendations that were made by the review, the Government deferred a decision, stating that it is…