South Carolina Insurance Exclusions – Think Exclusively!

Think Exclusively!The responsibility of protecting your home and it’s contents from disasters and natural calamities is fulfilled by owning a South Carolina home insurance. An affordable and best policy to cover your home from financial crisis offers best of coverages and helps you come out from any destruction. Understanding of a home insurance policy is a must. With few exclusions mentioned below, you will know what needs to be covered under your policy.

Flooding: Most of the South Carolina home insurance policies do not cover damage occurring due to floods. However, other perils which are covered under your home insurance policy such as windstorm, hail etc if causes damage or allows water inside the building will be considered for claim. Flood insurance has certain limits imposed on every building type, residential houses have limit up to $250,000 for building coverage and $100,000 for personal property coverage. Premium rates depends on your location as to if the area is more prone to floods and limit opted on the coverage. The average cost implied on a flood policy in South Carolina is about $500. Flood insurance is given by the National Flood Insurance Program which will also protect against a tsunami.

Earthquake insurance: This insurance covers any physical loss occurring directly to the property. In normal terms, earthquake refers to shaking or trembling of earth which is caused by tectonic process, volcanic eruptions or other causes. Many insurance companies consider any chocks incurred within 72 hours as one earthquake period. Please note that earthquake insurance does not pay for the damages occurred due to erosion, volcanic eruption, land slides, tsunami etc, though this may lead to an earthquake.

Earthquake deductibles: A deductible is that amount which you agree to pay for even before your insurance company kicks in. Here, the earthquake insurance deductible is that percentage of amount of coverage but not the loss. In South Carolina, most home insurance companies sell the coverage with about 10 to 15 % of deductible. Higher the deductible lesser will be your premium rate and can also obtain you discounts on your policy.

South Carolina Car Insurance for Women – Would it Make A Difference?

Making  A DifferenceAre you planning to buy a car insurance policy? Why not insure it under your spouse name? Given a thought, car insurance providers have many benefits and discounts listed for women drivers. Women are judged to be very careful while driving on South Carolina roads and hence less probability of meeting with accidents. Less number of accidents or violations, more will be the discounts. Women have also proved at instances to be the desirable clients for the insurance companies.

Women majorly look for vehicles with high safety features in it than the model of car and hence shell out less and considerable amount on their vehicle insurance. Where as men look for high speed, cost, model and high velocity cars which eventually invites car theft, high charges for repair and more of accidents. Opting for a vehicle which is less fancy would not give you cheap insurance but the functions and options will roll down the expenses on it.

Low Insurance Prices

Differentiating between the gender, be it teens or aged people, every person driving in South Carolina need to follow the basic traffic rules, abide to state’s law and carry minimum requirements. Ensure safety measures, avoid crashes or collisions, no speeding tickets, zero or no accident claims and a spotless background, collaterally gives you low premium rates.

Though women might get a lowered price premium, any comprehensive car insurance policy does not insure below their typical rates. It simply means, you will have to buy a car insurance policy with a complete package offering you coverages, various options, valuable opinions, endorsements, special coverages and discounts. All you have to do is, choose right coverages, estimate accurately and find low insurance plan suiting your needs and requirements.