Fire Insurance Coverage

Home-InsuranceThe term ‘insurance’ is a written guarantee, which safeguards an insured individual and his/her assets in troubled times. For this guarantee, the individual needs to pay a substantial amount to the relevant insurance company, periodically, which is called a ‘premium’. This same money (and more) is used to help the insured individual in times of trouble.

Thus, when we talk about health insurance, it means that when we fall ill/undergo a surgery, the arising expenses will be borne by the insurance company. When we talk about car insurance, the cost to repair the car in case of damage will be borne by the company, and so on. All this certainly involves a lot of paperwork and legal jargon. In this article, we will learn about the importance of fire insurance coverage, its types, limitations, etc.

The Theory Explained

-Fire insurance is a type of insurance in which an individual pays some amount of money to the insurance company periodically, and in exchange, the company helps him/her out if and when that individual suffers loss or damage of property due to a fire.
-It should not be confused with property insurance, as it covers repair, reconstruction, even replacement costs much beyond what is covered in the latter.
-There is a maximum limit up to which the costs may be covered, this depends on the conditions written in the contract and the amount of loss that has occurred.

Coverage Conditions and Limitations

As mentioned earlier, this policy helps recover whatever is lost in case of a fire accident. However, in most cases, the contract will have a specified amount that is agreed to, mutually, at the time of signing the contract. This amount is what the affected person can claim at the time of loss. And it may not be equal to the loss that occurs. Also, there are exceptions to what a fire insurance can cover. Losses incurred due to a fire that is caused by natural causes―lightning strikes, or earthquakes―are not covered by fire insurance. According to the insurance companies, a ‘fire’ means the production of light and heat by combustion or burning. Thus, the loss that occurs should be the result of accidental ignition. The loss also includes the damage caused by efforts to extinguish the fire.

Therefore, a claim for loss by fire must satisfy the following conditions:

-The reason for the loss or damage should be an actual fire, i.e., it should not be caused by just high temperature or so.
-It should be accidental, not intentional. If it is deliberately caused, the insurer is not responsible.
-The damage must relate to the subject matter of policy.
-The goods damaged must be on the premises where the incident occurs.

Types of Losses

Losses covered by the policy include:

-Wages paid to fire-extinguishing staff.
-Furniture/other items that are destroyed in the process of saving them.
-Items damaged due to water that is used to extinguish the fire.

Losses that are not covered by the policy include:

-Damage caused by spontaneous combustion (if a bomb explodes due to its own defect).
-Damage caused due to wars, riots, earthquakes, rebellions, mutiny, enemy hostilities, etc.
-Damage caused due to burning of property by public authorization.
-Damage due to a theft occurring before or after the incident.

Types of Policies

Actual Value Policy
It pays you the full value for your current house minus any depreciation. There are certain limits regarding the maximum payout available in the event of a fire. This is decided by the insured individual and the insurer at the time of signing the contract.

Replacement Value Policy
It covers the cost of replacing the existing home. However, this can get a little complicated, because if the value of the property has depreciated since its purchase, the payout also decreases. However, if the value has gone up, the payout increases.

Floating Policy
It covers the damages to property that belongs to the same person, but which may be located at different places. This is done under a single sum and for a single premium. For instance, this policy might cover goods lying in two warehouses at two different locations.

Specific Policy
It covers the damage up to a pre-decided, specific amount. The selected amount is less than the real value of the property. The actual value is not taken into consideration while determining the amount of indemnity. In such policies, the ‘average clause’ does not exist, which makes the insured individual liable to take some damage upon himself.

Some other types are valued policy, comprehensive policy, etc., which more or less contain the same clauses and conditions of the above mentioned policies.

Importance – Why is it Needed?

The importance of this policy can be ascertained after listing down its benefits, as follows:

-It covers the damages occurred to the building.
-It covers for damaged home decor (if any), like carpets, clothes, wardrobes, plywood furniture, etc.
-It pays for the expenses incurred due to damaged electronic items, like television, cooler, computers, etc.
-In case of a business, i.e., if an office building or factory is destroyed, it covers the price of the shares broken.
-It covers the medical expenses for the employees if they get injured.
-In case of loss of life, it provides the loss of life advantages to the employee’s family.
-It pays for repair and replacement of the machines and other electrical/electronic items, and assets that are destroyed due to the incident.

A fire accident can incur heavy property and financial loss. Having a fire insurance coverage saves you from financial disaster and bring you back from the cold. Of course if the incident is natural or intentional, the policy may or may not cover the damage; however, at a turbulent time when you’ve probably lost your house, money, assets, this policy will help you. You can already fathom this by reading the advantages mentioned above. That is why a fire insurance is so very important. It is a safety net that will protect you when you are threatened by a fire accident.

A fire accident may or may not occur, but do not risk the chance. You have worked all your life for your house and other belongings, do not ignore the importance of this policy, for it will safeguard you in trouble.

Health Insurance for Low Income Families

Health Insurance

Health insurance is very important to safeguard oneself and their family from the issues related to health. Low-income families have less access to employee sponsored insurance covers as compared to the higher-income groups. Health insurance is very important for every family and it would help get quality medical care. Health care costs are skyrocketing and these insurances would help one pay for the more serious and costly medical issues in future.

The government has tried to introduce affordable health insurances for the families with insufficient income for health care. Different states offer the programs according to their state laws. The various affordable programs are given below.

This insurance program is jointly funded by the state and the federal governments. This policy is available to senior citizens, children, low-income parents, unemployed individuals, and people with disabilities. One has to be a U.S. Citizen to become eligible for these policies. The other eligibility criteria depends not only on the income, but also the assets of the applicant.

Mediaid is jointly funded by the federal and state government. Senior citizens, pregnant women, people with disabilities, and blind people are eligible for this program. The policy covers outpatient hospital services, doctor’s visits, and long-term in-patient services.

State Children’s Health Insurance Programs(SCHIP)
This program was an effort to try to insure the health of every child in the U.S. Children can be eligible for either Medicare, Medicaid, SCHIP programs of the state of residence, even if the parents are not eligible for Medicare or Medicaid.

Private Health Insurance Companies
There are many companies which offer health insurance coverage which are quite affordable. Many companies have family health insurance plans, which do not offer routine medical care, but protect the families financially in case of serious injury or illness.

Health Savings Accounts
These are savings accounts which can be used for expenses in case of medical care, prescription drugs, and over-the-counter medical supplies. They are used in conjunction with a high deductible health plan (HDHP).

Mini Medical Insurance
This policy may cover a pre-determined number of doctor visits, prescription medicines, daily hospital benefits, and limited accident coverage. The cost of this policy may be as low as $50 per month.

Health Maintenance Organization Plans (HMO)
This is a group health insurance plan. The medical care is provided through a network of doctors and medical facilities who work directly for the HMO. The person availing medical care under HMO has to make small co-payment at each visit. The annual premiums are slightly lower than the other insurances.

Low-income families can always visit the local social services and discuss the various options available. The government is trying hard to cover all the families in the low-income group. The standard of health care provided to low-income families has considerably improved over the years. The state and federal governments are trying their best to work together and introduce more policies so that health insurances are provided to all such families in America. It is always advisable to insure one’s family with a health plan that suits their budget. Thus, one would be able to ensure a better medical care for their loved ones.

Car Insurance for Women

Whether you are a woman or a man, legally all drivers are required to have an insurance coverage for their vehicle. There are many auto insurance companies that provide insurance. Generally, the premium rates of vehicular insurance depend on factors such as age, driving record, and credit scores. Some companies may also check how often an individual uses his car. A full-time student with good grades is likely to get a car insurance at discounted rates.

Car Insurance

Car Insurance is Cheaper for Women: Myth or Fact?

Yes, it is true that the monthly premium for vehicular insurance, for women, is less and above all they are likely to get a discount of at least ten percent on the entire auto insurance premium. Here are a few reasons why women get a better deal on auto insurances than men.

Auto insurance companies provide low premium rates to women. This is because studies have shown that women are safer drivers and are less prone to road accidents.

Statistics show men have a taste for expensive cars. The spare parts of these cars are expensive to replace in case of damage or theft. This could be another reason why women get a better vehicle insurance deal than men.

Women use their cars mostly to run errands, pick up their children from school, or to go out for work. Hence, on an average the mileage covered by women drivers is less. It is a general belief that it is men who drive on a long trip. Hence, they have to pay higher rate of premiums.

Car Insurance for Women: An Overview

There are many firms that specialize in insurance for women drivers. In recent times, insurance companies that have policies designed specifically for women have been a big hit. They seem to understand the thought process and spending habits of women. Hence, the policies are designed to secure the best rates by providing good discounts.

Most insurance companies also have online brokers to help potential women customers. A woman driver could check out the rates offered by various companies online, before making a final decision. The rates can also be calculated using online insurance applications.

Many companies offer incredible discounts when a vehicular insurance policy is purchased over the Internet. However, before purchasing a policy over the Internet, check out the authenticity of the concerned company. This could be done by inquiring with friends, consulting a car insurance broker, or even reading up reviews about the policy.

Women who are not comfortable with the idea of purchasing insurance over the Internet, can call up insurance agents. All doubts regarding the insurance policy can be clarified with the agent over the telephone.

Car Insurance Companies: Coverage Options

The policies offered by vehicle insurance companies cover a number of options such as breakdown cover, collision coverage, comprehensive coverage, property damage, and many more. Let us take a look.

Breakdown Cover
In case the vehicle breaks down, the insurance company will provide assistance to complete the journey. It will also undertake the repair of the vehicle and see that the car is delivered home safely.

Damage to Property
Some policies have an option called “property damage”. If a car driven by a woman causes damage to someone’s property, this option will take care of the expenses incurred to repair the damages. It will also provide for the legal defense, in case, the other person files a lawsuit against the driver.

Comprehensive Coverage
This coverage has dual function. This would not only pay for the expenses of the damages caused by a woman driver but also offer cover for unforeseen natural calamities such as storms, snow, wildfires, and so on.

Collision Coverage
Almost all car insurance companies provide this option. This option is a must to avail an auto loan. Collision coverage pays for all the expenses incurred if the car is badly damaged in an accident.

Liability Coverage
In case of an accident, if a third person is hurt fatally or seriously or if there is damage to property, then this option would protect the woman driver. However, this option does not cover the medical expense of the driver or the garage expenses of the car. In brief, this option would include the medical expense of everyone, other than the owner of the car.

The other coverage options offered by car insurance companies include uninsured motorists where the car owner gets the insurance if the accident is not her fault and also if the other motorist is not insured, and rental car coverage.

It is advisable to understand the benefits of the policy one is planning to purchase beforehand. Car insurances are cheaper for women as long as they possess a clean driving record. If the frequency of speeding tickets is high, then the insurance amount is likely to be high. In extreme cases, such as driving under the influence of alcohol or drugs, the premium rates will definitely be higher. In some cases, it would also be difficult to get an insurer.

Choose Body-Borneman as Your Car Insurance Provider in Pennsylvania

Body-Borneman is able to offer very competitive rates due to their partnership with multiple insurance providers. The specialists at Body-Borneman insurance take pride in finding the best auto insurance for your needs.

Insurance providers offer different rates for different circumstances. Family cars usually have a lower price than sports cars, for example. Their insurance consultants will analyze your situation, the make, model and year of your car and your driving record. This is the type of information that will allow them to calculate how much the insurance providers will charge you. Depending on your situation, the consultants will find the right auto insurance provider to cover your needs.


Over 280,000 people were involved in auto accidents in 2015 in Pennsylvania. Protecting yourself and your loved ones is of the utmost importance. We all know that car insurance is an unavoidable necessity. It’s the law to have liability insurance. Accident insurance is often considered a “nice to have” option, but rarely taken. It’s more money to have general accident insurance, but with the sheer number of accidents in Pennsylvania alone, it’s much more than nice to have. It’s critical to have auto accident insurance on top of your liability insurance.

Body-Borneman insurance consultants will work with you to find the right general insurance for you at the right price. You shouldn’t have to spend a lot of money if you have never caused or been involved in an auto accident before. They will get you quotes from all the best insurance providers like All State, Progressive, State Farm, and others.

Proven Track Record

Body-Borneman’s commitment to customer service goes back as far as 1962. With 5 offices in Pennsylvania, they are always there to help and advise their clients. It’s that kind of customer service that makes clients stay loyal to them. Some clients have been with Body-Borneman insurance for over 20 years without complaints. The most common thing their clients say about them is how easy they make everything.

54 years of exemplary service to their clients is definitely and impressive track record. Keeping their clients safe and sound is what they do.

Classic Car Insurance

Ford Mustang is the American dream car. The rumble of the engine and slick look makes it a favorite among Pennsylvanians. Since most classic cars are older models, they don’t have the same up-to date safety systems in place as the newer models. That makes them more of a risk on the road than the newer more safety conscious vehicles. Auto Insurance providers will gauge the level of risk that your classic car has on the road and will charge you a higher rate for insurance.

Insurance providers look at things like airbag safety, tire quality, crash test reports, handling and many other factors when deciding how much to charge you for insurance. The insurance consultants at Body-Borneman will help you navigate this myriad of options to get you the best insurance for your classic car.


Insurance policies vary depending on how much they expect you to spend if your ever file a claim. Deductibles can vary depending on the type of coverage you’re claiming against. A deductible is an amount of money that you have to pay toward repairs before your insurance provider covers the rest. The insurance consultants will find the lowest deductible for you based on your circumstances. They will also take the time to explain the different options to you before making your final decision. It’s that kind of personal service that sets Body-Borneman apart from it’s competitors.

Auto-Insurance Claims

Only licensed insurance brokers can make insurance claims from insurance providers. It helps things go much smoother than if unlicensed people try to navigate the many forms needed to file a proper claim. The process for filing an auto-insurance claim is relatively simple and straightforward, however. You file a claim with your representative at Body-Borneman insurance. Tell them exactly what happened and give them all the details to the problem. From there a claims adjuster will take over the claim and fill out all the necessary documents for you. Their goal is to offer a prompt, painless and fair claim resolution with the insurance provider.

Here is some of the information you will need for your claim:

  • Name of the insurance company of the registered owner of the car and their insurance policy number.
  • Make, model, year, registration number and license plate number of the vehicle.
  • All details concerning the accident:
    • Driver’s name and driver’s license number
    • Date, time and location of the accident
    • Names of injured parties, description and extent of any injuries
    • Number and names of any passengers involved
    • Extent of damage to the automobile
    • Describe the accident and how it happened
    • Contact information of the other drivers including the names of their insurance companies
    • the license plate and vehicle identification numbers of the other vehicles

Why Should You Get Health Insurance?

If you are young and healthy, you may not worry too much about visiting a doctor. As such, you may feel that signing up for health insurance is a waste of time and money. While you may not necessarily feel that signing up for health insurance is needed right away after reading this piece, it may give you a slightly different outlook on things. There are many advantages of signing up for health insurance and some may not be obvious.

You Will Save on Taxes

It may not be the most popular measure implemented in the Affordable Care Act, but the tax penalty has certainly been a motivator for many people to sign up. The tax penalty for not signing up for health insurance will be $695 on 2016 taxes per individual. With the elections looming, there is no telling whether the penalty will be in effect next year, but if it is it will probably be even more expensive. You can make your tax filing a little easier and put some money back in your pocket by signing up for insurance.

Preventative Care Is Covered

Preventative care like annual check-ups, womens’ wellness exams, and some types of screenings for medical conditions are covered by health insurance. Many of these are paid for outside of the deductible, so it is important to make sure you understand how a policy works before signing up for it. By going for these simple tests and visits, you can establish a relationship with a doctor and stay on top of your health.

You Have an Emergency Plan

If you break your arm, become very ill, or develop a chronic condition, health insurance can help to mitigate the expenses associated with these issues in a real way. You may save thousands of dollars paying for treatments. You may also expedite your recovery so that you are able to return to work and your favorite activities faster. In some cases, you may prevent the issue from worsening and causing lasting damage in your life.

You Help Society to Stay Healthier

When people that are generally healthy pay into the insurance system, it helps to provide a cushion for those that have medical conditions and rely more heavily on insurance to help with regular expenses. By paying into this system when young and healthy, you help to keep society healthier overall and work to ensure that the same cushion will be available for you when you need it. In this way, signing up for health insurance can actually help to improve society in small ways.

Call your local health insurance agency today to find out about signing up for insurance. Open enrollment is just around the corner, or you may even be eligible for a special enrollment period.

For moment and hassle free payday credits

On the off chance that you ever end up in a crisis circumstance where only a couple of hundred pounds can help you discover an exit plan, a payday credit can be an alternative worth considering. Think medicinal crises, sudden travel costs, auto repairs, house remodels, extraordinary events, unexpected money deficiencies or a deferred paycheque – for each earnest money require, a payday credit can come in very helpful.


Payday advances more or less

A payday advance is:

  • Little estimated – from £100 to £1,000
  • Fleeting – to be paid back more than 7 to 30 days
  • Unsecured – no requirement for an assurance, security or vow
  • Moment – assets are made accessible to you inside minutes, around the same time

What we do

We, here at Viva Loans, help you find immediate, dependable UK payday moneylenders why should willing loan cash to you at the least expensive financing cost (APRs). By filling in a typical application structure, you can investigate many credit open doors – at no additional expense or shrouded charges!

It must be noticed that Viva Loans is a free credit payday advance specialist, and not an immediate bank.

Why pick Viva Loans

  • Bargain just with immediate and dependable banks
  • Totally free administration – no expenses to apply
  • Round the clock administration – even on weekends
  • High acknowledgment rate
  • Aggressive APRs made accessible from an extensive variety of strength loan specialists
  • Enlisted with FCA

Is it true that you are qualified to get a payday credit?

Not at all like bank advances or money credits, are payday advance qualification criteria greatly wide and generally comprehensive. To be qualified to get a payday advance, you have to:

  • Be a lawful UK resident
  • Be 18 years old or more seasoned
  • Have a legitimate UK financial balance, working telephone and email
  • Have a consistent wellspring of wage (least £500 every month)

It doesn’t make a difference in the event that you are a solitary parent, a retiree, an advantages beneficiary or a foreigner – If you satisfy the criteria said above you will experience little difficulty finding a reasonable payday bank!

No credit checks

Get moment payday advances without extensive credit checks. Regardless of the possibility that you have a poor financial assessment, there are capable loan specialists willing to loan to you, and we will help you find such moneylenders:

  • Things to remember
  • Payday advances have high financing costs.
  • Defaulting on payday advances may unfavorably influence your FICO rating.
  • Never utilize payday advances to cover for different obligations.
  • Look for assistance from an expert, free obligation counsel in the event that you can’t pay a payday advance back.

Have questions?

For any and each inquiry you may have with respect to payday advances and our administrations, do don’t hesitate to go to the FAQ area of our site. It’s additionally entirely simple to specifically reach us online and also disconnected.


We are a free credit merchant and not a loan specialist. We know about a trick flowing. does not charge any expenses to clients. If you don’t mind know about suspicious telephone calls from anybody asserting to be from

Rates from 278% APR to max 1576% APR. Least Loan Length is 3 months. Max Loan Length is 12 months. Delegate 305.9% APR. Delegate illustration: £400 obtained for 90 days. Aggregate sum repayable is £561.92. Interest charged is £161.92, loan fee 161.9% (APR variable).

Viva Loans is controlled and approved by the Financial Conduct Authority with Interim Permission (Reg: 665425) and takes after the information insurance act set by the Information Commissioners office (Reg: ZA064129). If it’s not too much trouble Read our terms and conditions before applying for an advance.

Introduction to Jet Ski Insurance

On the off chance that you claim a plane ski or wanting to purchase a plane ski then I am certain you needn’t bother with an intricate direction on the best way to play around with your own special plane ski. Be that as it may you will require an intricate clarification about the less fun piece of owning a ski. On the off chance that you are as yet pondering what it may really be then permit me to bring you into the entire new universe of Jet Ski insurance. Plane Ski protection is a significantly more essential matter contrasted with the time you will really be spending riding your watercraft. In the event that you don’t get this right then it may suck all the happy times you are about have with your vehicle. The purpose behind this extremely straightforward, on the off chance that you have watched the coast where the vessels and skis are moored, you will acknowledge one thing instantly, the quantity of watercraft has expanded.

This implies expanded measure of activity close to the coast and expanded odds of mischances. Ski is maybe the most regular watercraft that has been included in countless in the most recent couple of years. This is for the most part on the grounds that the Ski is a quick vehicle and for tenderfoots it is extremely hard to control it in the event that they go over any snag prompting unavoidable impact with a pontoon or other Jet Ski insurance. Keeping in mind the end goal to ensure yourself furthermore your venture you have to purchase a decent protection strategy.

Plane Ski protection is somewhat not quite the same as some other watercraft protection. Essentially there are two protection strategies for this watercraft. The first is the exhaustive Jet Ski protection arrangement, it gives money related scope against mishaps, harm because of vandalism, harm because of flame furthermore covers your watercraft against burglary. This is the fundamental type of protection approach that you have to buy before taking it to the water. The second kind of protection arrangement is known as the outsider obligation approach. This essentially ensures you by covering the money related costs if you somehow happened to bring about harm or harm to other’s property. This is particularly required on the off chance that you expect to lease your ski.

Dissimilar to other watercraft protection strategies the Jet Ski protection strategy accompanies a higher premium rate. With a specific end goal to diminish your quote you have to tail some fundamental principles, for example, keeping your vehicle in a secured situation like in a carport when not being used. This will permit you to get your approach at a low quote particularly when you apply for burglary protection arrangement.

Find The Best Plan – Cheap International Travel Insurance

When traveling abroad, one must always take in consideration good and cheap international travel insurance. Travel insurances have now become a necessity when traveling. Many travel companies and insurance companies have coincided so as to make sure they provide the customers with the superb service they truly deserve. There have been many packages that come together with the booking of travels. Several cheap travel insurance can be searched online and offline, through a visit to a well respected travel agency or insurance company. This travel insurance makes sure that a trip is well secured with the assurance that the client will not have to worry about sometimes inevitable situations. Several coverage terms are available for different companies. They key to getting a good deal is through rummaging amidst the plethora of the offers available.

Being well informed of the availability of the offers is one good way to start a deal. Overseas travel is an adventurous risk which could lead to several uncertain situations as well. Countries have different cultures and even their medical systems are quite different from each other. A traveler may have a medical plan but having one does not assure that the international medical needs will be covered. Aside from these, basically, the two main reasons why a person must get cheap international travel insurance is the fact that sometimes, a trip is cancelled or it is delayed. When this happens, the travel insurance can take care of the expenses to be incurred. Cheap travel insurance worldwide is required for security. It will also provide the client the peace of mind he or she deserves when on the trip. Worldwide travel insurance is a must have for every traveler. An ideal plan covers the trip cancellation, medical transportation expense, baggage loss, delayed departure, curtailment, legal assistance or even overseas funeral expenses. However, carelessness will not be taken cared of by the company. The insurance can be arranged upon the time of booking the trip.

Most travel agencies offer cheap international insurance on packages. These packages are based on the traveler’s needs and wants. The traveler is therefore always the one in charge. He or she is the one responsible of choosing the perfect plan to suit his travel.

There are also some travel networks sites on the internet which provide information that is always easy to understand and offer rates that are within your budget. Having cheap online travel insurance can make someone smile without all the worries of unexpected expenses. A couple of them also offer a free and instant quote for the traveler to know what type of insurance he or she is most likely to avail.

There are several types of travel insurance. There is this thing called the emergency evacuation covering the medical expenses, group travel, annual multi-trip for those who travel on a regular basis, international insurance benefits for families and many more. Global travel insurance is the best way to ensure that the trip will be hassle-free.

To learn more on how to find the cheapest travel insurance policies visit also finding a cheap travel insurance company to get all the information you need to know to find out cheap annual travel insurance plans.

Tips to Purchase Travel Insurance

Buying travel insurance is not as simple as you think. Firstly, it is way more different than buying an article you’ve long desired and wait for its price to drop soon. It’s even different from buying an airplane ticket where you go online and do a price comparison to look for the cheapest one.

People who are new to it often find it very hard to get their way around it. Firstly, they struggle with the idea of whether they really need to get it or not. Most travelers believe they don’t really need it and coverage is simply spending more money unnecessarily.

To solve your confusions, here is an ultimate guide to buying travel insurance.

1. Do You Need Insurance?

To begin with, there are many countries that won’t let you in if you don’t have it. But the chances are that you’ll get away with many destinations that allow you to get away without it.

So do you wonder why you still need that? You’re right in thinking so. But it’s mandatory to be traveling with valid travel insurance. You plan a vacation because you want to escape all the stresses of life and have the time of your life. That is great thinking, but might not always end up being how you’ve planned.

Accidents never come with an invitation and are never welcomed. But they can become very bitter if you’re not prepared to battle with them. This is where travel insurance comes extremely useful.

2. Buy it Early

We all refrain from buying travel insurance because it is expensive. One of the sensible ways of saving on your buy is to get your travel insurance early. You’d still be only paying for the time you’re traveling.
However, you would still be covered for that time free of any charge.

So if you choose to purchase your insurance three months prior to flying, any changes to your travel plans are likely to be covered by your insurance company. It’s better not to wait last minute for things to go wrong and get your insurance beforehand.

3. Purchase Online

Nearly all of us admire online purchasing simply because there are plenty of discounts available. This is why it may be a great option to buy your insurance cover online.

However, this is not as simple as it may sound. Online purchases are mostly done with a low price indicator. But when buying travel insurance, there’s way more than just looking at the price. Before making the purchase, it is a must to carefully examine your policy and ensure you’ve studied it in depth.

Domestic as well as international traveling must be worry free if you truly wish to enjoy it. But when you purchase your insurance cover, it is very important that you can fully trust your company with their policies and know exactly what you’ve opted for. Once you experience this, you’d never go anywhere without travel insurance!

Don’t Risk It, Get the Protection and Security You Need With Travel Insurance

Let’s face it, getting travel insurance can be a very overwhelming and tedious process, making it easy to put off and even forget entirely. But before you head off on your international adventure, you might want to consider getting coverage through some travel insurance, just to be on the safe side.

With some luck, you’ll be glad it’s something you have and won’t need to use. But we all know that in life things happen, so it’s a good idea to find a travel insurance policy that fits your individual needs, travel agenda, and budget. Many travel agents and private companies offer travel insurance, and they have a wide variety of types and options to choice from.

What does Travel Insurance cover?

Basic coverage of travel insurance includes some financial losses while traveling, as well as limited medical expenses, including medical evacuation. The most common type of travel insurance is trip cancellation or trip delay insurance. This type of policy covers you and your travel companions in case you need to cancel, interrupt or delay your trip. However, the acceptable reasons for canceling or interrupting your trip will depend on the insurance policy, but most likely you’ll be covered for the following reasons:

o Sudden business conflicts
o Change of mind
o Delay in processing your visa or passport
o Illness or injury
o Weather related issues

In case your flight is canceled or delayed, travel insurance companies may provide additional coverage such as expenses that the airlines won’t cover, like taxi fares to the hotel or meals during your wait at the airport.

It’s also a good idea to have a plan with medical coverage of up to $1,000,000 in the case you become ill, need medical assistance, or have a flight accident occur. It’s also good to review the amount deductible by your insurance plan (this is the amount you’ll need to come up with before the insurance company picks of the rest). Make sure it covers repatriation (evacuation to your home country, rather than the nearest regional medical facility); make sure that does not mean you will be sent to the country where you purchased your travel insurance plan either, but your home country. If you’re planning a visit to multiple countries, make sure all the countries are included in the region covered by your insurance policy.

To learn more about these types of coverage and more specialized coverage, read The Basics of Travel Insurance.

To invest or not? How to make travel insurance work for me.

Purchasing travel insurance is great for insuring your money, should any unforeseen events pop-up, especially if you invest large sums of money on extravagant travel packages. To determine whether you want to invest in travel insurance your not, ask yourself these questions:

o Did you invest a lot of money into your travel plans?
o Are you traveling overseas?
o Which regions or countries are you visiting and for how long?
o Are you planning on participating in any extreme sports?
o Can you afford the cost of your trip back home if any emergency arises?
o Will you be able to afford medical care if you or someone you are with gets sick and needs immediate medical attention?
o How old are you and how is your overall health?
o Do you have any pre-existing conditions that need regular, special attention?

You can purchase your travel insurance for a single trip, multi-trip, or with an annual policy, all depending on how frequently you travel and the length of your trip. Comprehensive travel insurance can cost anywhere from 4% to 8% of the cost of your trip, depending on type of coverage, the length of the trip, the destination, and the age of the travelers. It is best to purchase your travel insurance between 7 to 21 days of purchasing your travel itinerary. Usually the maximum coverage period for insurance providers is for one year abroad.

Go through the fine print on your policy and check whether you will have to pay on the spot and redeem the money later for any medical expenses, or will the insurance company pay providers directly. If you have to claim it later on, you will want to hang on to all documents.

If you have a pre-existing medical condition, get an insurance policy that will specifically cover it. Also examine which adventure sports and activities the plan does and does not cover (rarely does it include scuba diving and hang gliding). Lastly, for your benefit, a policy that is flexible and can be extended while you’re already away is recommended. You never know whom you’ll meet, and you just might want to extend your trip.

Another good tip would be to get in touch with your credit card issuer before investing in travel insurance. A credit card information site, suggests calling your credit card issuer to see if you have any free travel benefits that you may not be aware of, for example, insurance on lost or damaged luggage. However, according to USTIA, canceling a trip at the last minute and being reimbursed by your credit card company is the most common misconceptions among travelers. And sometimes credit card companies have limitations on only cover up to 3 months of travel. It’s worth investigating.

Lastly, if you have existing health coverage, it would be wise to get in touch with them before hand, especially if you will need vaccinations and other medicine for your trip. Depending on your health insurance plan, ask for a ‘travel packet’ and they will send you important information regarding your coverage, if any, while abroad. It might turn out you might already be covered for somethings, but not for others.

Where can I purchase Travel Insurance?

There are many sites and companies offering travel insurance online. Among them are leading companies. A new online resource, helps travelers easily and instantly compare all the major travel insurance plans at one site. You’ll be able to get immediate quotes from several major, reputable travel insurance providers and compare policies and their prices. It’s a good starting point and one that you can trust.

Helpful Tips for once you’ve purchased your Travel Insurance:

o Scan your insurance policy electronically and save it somewhere securely online
o Make one copy for yourself to bring on your trip
o Make another copy for a trusted family member to keep at home
o Have the emergency hotline number accessible during your trip, but make sure you try it out before leaving home to ensure its operating and correct
o List out any medications you are taking (including vaccinations for your trip), and a list of allergies you have; keep this with your insurance emergency number
o Keep all receipts at home
o Review all the fine print in your insurance policy and determine which adventures you will be taking and which risks might not be worth it

Finally, get ready for a trip of a lifetime! Hopefully you’ll avoid ever using your insurance plan, but it will give you and your loved ones more security knowing you’re protected.

Travel Insurance For Backpackers And Hikers

If you have a tour in your mind and you want to travel the free way, a good backpacker travel insurance policy is a thing you must consider before tour. Backpacking trips are bit riskier than regular planned travels. So in such case good backpacker travel insurance becomes a mandatory criterion for a hassle free tour.

Most of the insurers don’t know all the benefits of insurance as they are unaware but these insurance policies help a traveler in many ways.

A Backpacker insurance policy is basically for those who are low on budget. You don’t have to pay high for regular insurance policy but you will surely get the essential coverage with backpackers travel insurance policy. It covers you and your luggage at very less cost, as this type of insurance is designed for backpackers who are known for their low budgeted and unplanned travel schedules.

Before going through you must know backpacker insurance policy and its features.

Features provided by backpacker travel insurance

There are some important features and coverage that backpacker travel insurance policy can provide, these are as follows;

  • In case if you have to extend you trip due to any unexpected reason, backpacker insurance covers it too.
  • You get all covers round the clock all the year no matter what time or circumstances are there.
  • If you get sick during you trip, all the medical expenses will be covered by backpacker insurance providers. Most of the time such insurance policies also covers personal incidents that occur during travel (please confirm this before buying insurance policy from you insurance provider).
  • Many travel insurance firms provide option to opt out which they don’t want to be covered and ask for the things which they want to be covered. This flexibility is an added advantage for insurers.
  • Many travel insurance firms provide the option to the insurer that what they really want to be covered in their policy. This flexibility is an added advantage for insurers.
  • Many backpacker tours for winter sports, some travel for scuba diving. Such adventurous sports have high risks involved which can lead you to physical damages. Covers for such sports are also available as an optional measure. You can add such sports covers in your existing insurance for added safety.
  • You can extend you insurance any time with a single click sitting at your home in front of your computer.
  • Make sure that insurance policy covers the location in which you are planning to travel. Some travel insurance companies provide insurance policies only for a certain country.

Now the biggest which every travelers generally asks is “Do I really need a backpacker insurance policy? And is it really worth it? ”

Backpacker travel insurance is surely recommended for you if you fell into any of these categories

  • You travel alone at places which are expected.
  • Your travel schedule is unexpected and never planned.
  • You have medical history or you are above 50 years of age.

Backpacking is surely an adventurous trip but it has its own risks too. Backpackers are very prone to injuries, robbery and related issues. There are some possible issues in which backpackers can easily get coverage. These are as follows:

Tour cancellation – Trips are cancelled many times due to many issues. Sometimes due to bad weather and sometimes due to some personal reason, one has to cancel his/her trip.

Emergency medical care – backpackers are very much prone to issue like food poisoning, diarrhea and other infections. Such diseases can lead to serious health issues which can be covered by purchasing insurance.

Accidents – accidents are common and can be occur at any time. Insurance not only covers for your injury but also the person affected by your mistake.

Theft or robbery – backpacker usually travel alone. They also stay at budget hotels. All this makes them prone to things like baggage theft and robbery.

Considering the current global scenario which is quite unsafe, having proper backpacker travel insurance is very necessary.

A backpacker insurance policy can be a great help for every traveler who wants to travel the free way. So what are you waiting for? Get a backpacker travel insurance for yourself and roam free

Author is an travel insurance adviser who is spreading awareness about backpacker travel insurance

What Does Homeowners Insurance Cover?

Homeowners insurance policies, better known as HO policies, have been designed to help home owners safeguard their home and personal belongings. Considering that they have the responsibility of protecting their home and personal property, they should definitely opt for insurance. In fact, they can be sued by people who accidentally fall and injure themselves on their turf. Moreover, a homeowner may also be forced to vacate the home and arrange for alternate accommodation in case the home gets damaged. Thankfully, a wide range of insurance policies are available in the market.

Basic Homeowners Insurance
The most basic policy insures the property against damage due to 11 factors or perils of nature. Some of these factors are: fire, lightning, smoke, vandalism, theft, ice, snow, windstorm hail, riot, and volcano eruption. The popularity of this policy, better known as HO-1, has diminished over the years, since the policy does not protect against loss or damage to property on account of plumbing issues as a result of freezing. Loss on account of heating system malfunction is, again, not covered by this policy. HO-2 is also a basic policy, but with a wider scope of coverage. HO-2 protects the property from damage on account of 17 factors, and hence, it is a marginal improvement over HO-1.

Popular Homeowners Insurance
It’s evident that both HO-1 and HO-2 provide only minimal coverage. For people who live in areas that are not prone to floods or earthquakes, HO-3 is a good policy, since it provides peace of mind to the homeowner on many fronts. For instance, this policy provides protection to the homeowner who may get sued by people who meet with an accident on his/her turf. Damage to the residence and personal property are also covered by this policy. As far as damage to the home is concerned, the insurance company agrees to pay the price that is equal to the cost of replacing the property (replacement cost). In case of personal property, the homeowner is entitled to receive the actual cash value of the property. For people living in flood prone areas, flood insurance should be purchased in addition to HO-3.

Actual Cash Value = Cost of Replacing the Property – Depreciation of the Property

Most Comprehensive Policy
The HO-5 policy or Comprehensive Form Policy, is equivalent to purchasing an HO-3 policy with a ‘Special Personal Property’ endorsement. This would help protect unscheduled personal property from all possible risks, except those that are specifically excluded. It’s no wonder that the cost of this policy is 15% more than the cost of the most popular coverage provided by HO-3.

Insurance Policy for Older Homes: In case of older homes, the cost of replacing the property is usually more than the market value of the property. This is on account of depreciation. Hence, for older homes, insurance will not cover more than the actual cash value of the property. This is where the HO-8 policy, which is a modified version of the HO-1, assumes importance.

Since homeowners insurance is indispensable, the owner should shop around for the best homeowners insurance quotes after settling on the appropriate insurance policy. Tenants can also ensure that their personal property is protected by opting for HO-4, better known as Contents Broad Form or Tenants Policy.