Flood damage is not covered by a standard homeowners insurance policy. However, your insurance company can provide you with special insurance that will cover losses you incur based on flooding, The federal government guarantees the insurance policy. If you do not have an agent the insurance can be purchased directly from the National Flood Insurance Program . According to the Federal Emergency Management Agency (FEMA) about 20 percent of losses due to floods occur in areas that are considered low to moderate risk. Purchasing a flood policy for homes in these areas is modestly priced.
If you would like to find out your risk factor visit the NFIP website, if you think flood insurance is a luxury and not a necessity visit the NFIP flood simulator website and learn how much damage a small amount of water can do to your home.
Homeowners need to be aware that this insurance will cover the cost of rebuilding your home, but, your possessions are covered only for cash value, not replacement cost. This means that if you purchased a flat screen TV six years ago, the insurance company will pay you the cost of buying the TV minus seven years of depreciation. This has befuddled many folks who filed claims with the National Flood Insurance Program when they discover that they money they receive to settle their claim is not enough to replace their belongings.
There is a solution, it is known as excess flood insurance and it extends your coverage further than the NFIP policy does. You can extend coverage limits, opt to raise your personal protection from flood damage to provide replacement cost and choose other coverage options. To obtain this type of insurance it is best that you discuss your needs and coverage goals with your flood insurance agent.
Storms are becoming stronger and even low risk commercial property and residential properties can be severely damaged in areas that were once considered safe. Check with your insurance agent so that you know your property is protected and you will have peace of mind.
A car is one of your prized possession and enjoyable purchase you would ever make. Before you make a decision over buying any car, visit forums, log into search engines. A bunch of sites evolve where you can find variety of models, colors and a detailed description of the vehicle. Just by a click you can find issues people are having with the car. All these will help you in a better way to judge a car before you walk into the showroom and take a test drive. The more you read and actually understand the options for car, the more you will know whether or not it is the right time to buy the car without any regrets.
Saving on Your Buy
Get hold of salesperson: When you have decided on your car, walk into a dealership and know everything you need, probably even more. Understanding of the base cost, comparing prices with other models of car and sounding like an educated customer, it’s quite likely you will end up with a better price. Let the purpose of a salesperson be served, get enough of information from them.
Decide on features and model: A more fully equipped car will have a higher price tag. Some extra features, such as, leather seats or sunroof, you may be willing to spend extra for it’s a reasonable price. Keep your eye out for the cars that are only a year old. Due to depreciation, the car might save 10 – 15% discount than the actual price and also fetch lower car insurance rates.
When to shop: Shopping for your new car in the fall is an exceptional way to guarantee savings. Autumn is when the car manufacturers ship their new year models to their dealerships. The dealers will move the old cars and are replaced by new models. Waiting until this time will really save up that money on a new car for you. Buying a vehicle in off-season is greatly helpful, think over it.
Comparing auto rates: Now that you have chosen the car of your dreams, think what else can save money on your new car ? Shop around and find the best deal amongst the auto loan company rates. It may seem challenging, but if you are willing to be patient. Spending time doing the necessary research, will be well worth the extra savings
If you’re old enough to remember the days before the internet, where comparing auto insurance rates would often require an in-person visit to an insurer, you might have good reason to question the validity of websites that offer free quotes—as well as the accuracy of the quotes themselves.
As it turns out, more often than not it’s “user error” that leads to inaccuracies in free online insurance quotes. Remember, auto insurance websites and online comparison tools don’t just ask you what kind of car you drive and whether or not you consider yourself a good driver—there’s a lot more that goes into the bottom price determination. And if you’re unprepared in any way, you shouldn’t be surprised if there’s a big price difference when it comes time to sign your policy.
Your driving record plays a big part in the quotes you’ll get when comparing auto insurance online. If you conveniently forget to mention a major infraction, the quote amount will change drastically once the insurance company investigates your driving record. Your credit score also plays heavily into the kind of rate you’ll get, so knowing where you stand with the credit bureaus is also key to getting an accurate online quote.
The bottom line: if you’re going to shop for insurance online and you want a firm quote, be prepared for complete honesty and transparency.
When you are shopping for your auto insurance it is important to get various car insurance quotes and home insurance quotes from agents. This will allow you to find the most comprehensive coverage for you and your family at an affordable price.
To find an AgentInsure agent in your area for auto insurance please visit AgentInsure and get a free quote now for auto insurance.
Drivers are required under the law to have and maintain auto insurance coverage. If you own a vehicle you have to carry the proper insurance coverage. Without the proper coverage you could face stiff fines and penalties. That is why you should make sure you completely understand the legal requirements and make sure you are protected.