House insurance: necessity or not?
When it comes to real estate insurance, in particular, a country house insurance, it basically refers to two risks – the illegal actions of third parties and fire. And what kind of insurance would not dealt with, whether it's insurance of house or elite cottage, such an event in a relatively small monetary funds will help if not eliminate entirely, or at least significantly reduce the risk of loss of property.
And home insurance and cottage insurance have some common points.
When insuring property, identify several elements which may provide insurance protection. This is the house itself directly with the entire interior design and engineering services, household goods, additional buildings, landscaping, or rather its individual elements, and civic responsibility.
Any property insurance requires its evaluation. This question is most often a divisive party. If insurance is flat without much debate about its assessment, as all are sufficiently standardized, the assessment at home is difficult because of its personality. Of course, if the house is new, and, moreover, survived all estimates and receipts, confirming the cost of repairs, you can provide to the insurer, to insure the house for its real value. Although this cannot be guaranteed estimates home, which insurer considers fair, because the insurance company will likely carry out the calculation of its methods.
Typically, insurers estimate the value of the house as close as possible to the real, because it is in the interest of most insurance companies. Criteria for evaluating the home may be the location of the house, material manufacturing, technical improvements (replacement windows, siding boarding house, etc.).
The main risks to house insurance: to date, this is fire, water, and wrongful acts of third parties. You can protect yourself from both of these risks together, and on each separately. It is necessary to consider some of the nuances of insurance. Let's say, if the house is insured against fire, burned down, and established the fact of arson, the compensation paid will not be as arson - is an illegal act of a third party. Therefore, it is better not to save on risks.
What can help reduce the cost of house insurance? Reduction factors can be applied, if there is insurance of the house, located in the cottage with the clock security, equipped with active fire suppression system, and if the house was insured before without occurrence of insured events.