Storms and other accidents can cause damage to trees and other structures around your property. If your neighbor’s tree fell and damaged your property, you will probably need to file the loss with your homeowners insurance plan. When trees from a neighbor’s property fall during storms, it is a tricky situation when deciding who should pay for the damage and to have the tree removed. In most states, unless the homeowner with the tree was negligent in removing a dead tree, the person with the property damage will be liable for the loss.
When searching for homeowners insurance coverage, you need to consider all types of plans. You will need to take care of your personal property inside the home, the structure of your home, and other types of accidents like personal liability. Although the tree may have been in your neighbor’s yard, if it fell because of a severe storm, and not because it was dead and rotting, the neighbor cannot be held responsible for the damage. It may be annoying to take care of a tree that fell in your yard, but if you have a great insurance plan, you should have nothing to worry about.
If the tree that fell presented a hazard and you notified your neighbor in writing about the dead tree, you may able to file a suit and force your neighbor to pay for the damage. Usually this is not the case and it is easier to file the claim with your own insurance company. Depending on the amount of damage, your insurance claim should be quick and simple.
Compare quotes and rates for the best homeowners insurance and you will be prepared when unexpected accidents happen. If you combine your car and home insurance together on the same plan, you can save even more money. You may also be able to find discounts for safety precautions and installing smoke detectors and fire extinguishers in your home. Remember car and home insurance are two of the most important coverages you can purchase to protect yourself and your family.
With cars in garage which are not being used, you still have to buy a car insurance for them. It can be a vehicle which once used by your teen when in college or a sports car which is occasionally used or a vehicle being damaged awaiting repair. All these will need a car insurance and yes you need to know how to minimize your premium rates on them.
Every state demands its driver to own an insurance with minimum liability requirements. If you want to escape, there are verification programs which will detect that your car is not insured and hence a heavy fine. Your state will decide your policy minimum limits on bodily injury and property damage. For example, Minnesota requires you to buy 30/60/10 coverage ($30,000 per person, $60,000 per accident and $10,000 for property damage) With high limits, it will be higher premium. However, with no fault insurance states, it works differently. The driver has to claim under his own policy and not under the other driver’s policy. This happens through Personal Injury Protection, which covers injuries.
Want to Cut The Cost ?
Even if the state mandates some coverages, there are ways in which you can bring down the costs. Consider collision and comprehensive coverages. Collision works when your car collides with another car or an object. Comprehensive works when your car is hit by perils. However, if the car is unused for a long time then these coverages will not be worth having and will just be waste of your money. Your car price also matters in buying these deductibles. A car of high value will have a benefit when any collision occurs than a car of lesser value.
An option which is becoming popular is “Pay as you drive”. You will be paying premium only for the miles driven. It is a special reward for those vehicles which are unused are not being used frequently. This definitely puts your car insurance premium to lower rate.
Many home insurance companies will not cover for flood damage, but they will cover for other kind of damage caused by water. Insurance companies will generally pay for the damages that is caused by rain coming through hole in a window or roof, provided the hole is caused by winds or other covered exposure which has been listed in the home insurance policy. Check with the insurance company whether they will cover for water damage. If there is any indication of problem caused by water inside your home never ignore it.
Find the source for the leak and stop the leak immediately. If water keeps leaking in your property, then moisture gets collected and mold starts developing in your property. Due to mold, your property could be damaged and further lead to health problems. The health effects caused due to mold exposure are cough, running nose, nosebleeds, sinusitis, congestion and respiratory problems such as bronchitis or asthma. Your home insurance company will consider the damages caused by mold only if, this is a covered peril. Report the water damage claim immediately to the insurance company representative or insurance agent.
By chance your house is flooded with water suddenly, it is very important that you dry all the wet areas. Provide sufficient air circulation so that the wet areas dry soon. Dehumidifying and drying wet areas can minimize the occurrence of mold. Delay in cleaning up can conclude in growth of mold. If the water keeps leaking continuously for a week or more, mold would have been already developed. If you try to clean the mold at this point of time, mold spores may spread out to cause health problems and property damage. As the mold is very dangerous to health, do mold testing and mold cleanup as soon as the mold is detected. After the leakage, if you doubt presence of mold, call up your home insurance adjuster immediately.