DO I NEED INSURANCE?
Specifically in the properties, the insurance provides protection against disasters, however, insurance, regardless of the nature, they are little appreciated until they are needed. Therefore, the decision to have an insurance on the property, insurance health, maternity etc, depends on each person's risk tolerance.
DOES THAT PROTECT ME INSURANCE?
There are different policies, however, the covers are important to protect:
The internal and/or external ownership structure
Personal items inside the property
Damage to third parties (accidents within the property)
Damage to other property (in the case of condominiums)
TO INSURANCE DO I NEED?
There are many variations and not all owners need or are looking for the same type of coverage. Therefore, it is convenient to clarify the policy coverage, restrictions, exclusions to cover their possible risks.
The 3 elements most important to decide the type of coverage you need, are:
WAYS TO REDUCE THE COST OF THE POLICY
1 increase your deductible. As the owner you can save money if you increase the deductible of their insurance, which is the amount paid before the insurance company to meet a demand. This course is one of the most common ways to hold down the cost of insurance. But remember that a high-deductible is a great way to save money, while you have the money to pay the deductible when needed.
2. install an effective alarm system. Insurance companies give discounts for having an alarm system.
3. try to pay for their own claims of minors, in virtue of which frequent claims are a determinant so that insurance companies set a higher value to the raw material.
Don't forget to ask the advice of an insurance broker at the time of purchasing your property and if you already purchased it is never late to assess the conditions, terms and coverage of your policy.