I’ve Been Robbed, What Should I Do?

Ive Been Robbed, What Should I DoIf you’ve been following the news lately, you might have seen the increasing incidence of home burglary and theft. In one of the news stories, the thieves successfully broke into the house despite the security features installed. It seems there’s no stopping these criminals from doing their acts. Even installing a state-of-the-art door bell that can detect burglars (head to doorbellbase.com to see different door bell brands); no one is guaranteed safe and secured.

While being a victim of robbery is the last thing you’ll ever want to happen, it pays to know what to do in case it happens. So, what should you do if you’ve become a victim?

First of all, you have to know whether your home insurance covers theft claim. Usually, homeowner insurance provides this clause but to be sure, you can talk with your insurance company. If the authorities are unable to retrieve the stolen items, your insurance may reimburse a portion of your financial losses. For faster and easy claims processing, you need to cooperate with your insurance company.

Some of the items and documents that you’ll need to file claims for home robbery include a properly filled up claim form, insurance policy, receipts, list of stolen items, photographs, and police report. It would also help if you have security camera footage.

  1. Once you’ve learned that you’ve been robbed, file a police report right away. It is important to have a legal proof to show that such even had occurred in your place. Make a list of the items that have been lost and submit it to the police. It would help to give brief descriptions of each item.
  2. Call your insurance provider and notify them about the incident. An insurance agent or adjuster will call you; be ready to talk to them. Have a copy of the police report ready for submission. Provide as much information about the stolen item.
  3. Read your insurance policy and see which items are covered. Review the coverage limits, exclusions, terms and conditions that apply. You can also find the instructions on how to file a claim.
  4. Look for receipts of the lost valuable. You can attach them as proof of purchase and price. In case you have lost or cannot find these records, you can show credit card trail, product warranties, or owner manuals as proof of purchase and ownership. If you have photos or videos to show that the valuables existed, it would be also very helpful.
  5. Fill out the insurance claim form properly. Make sure all information is accurate. Once done with the claim forms, submit them as soon as possible or before the prescribed deadline. Be sure to keep a receiving copy or duplicate for yourself.
  6. Supply additional information should the insurance company requests. Be sure to keep copies of official communications from the insurance company for your personal records. In most cases, the insurer will ask you to submit additional proofs or documentation. Be sure to record all these
  7. Few weeks after submission, follow-up with the insurance company to know about the status of your claim. Always document the date and time of your conversation and the identification of the person you are speaking to.

It is normal for insurance companies to conduct an investigation of your claims. This helps verify the contents of you claim as well as to have additional documentation. The insurance provider would need additional days or weeks after their investigation. When the claim is approved, you will be paid for the lost valuables covered by your insurance. Expect some deductions like applicable depreciation, etc.

There you go – filing insurance claims after a heist shouldn’t be that difficult!

Safety factors for you and your family while driving

Safety factors for you and your family while drivingThis short post reminds you and compels you to consider safety factors for both you and your family while driving, particularly at this time of the year when the holidays are in full swing and the roads remain busy but dangerously wet. It’s also that time of the year when you should be re-evaluating your insurance requirements, particularly if your insurance company has sent you a fresh renewal of your policy, dictating the usual above-inflation price increases.

Our tips are easy to implement, while advice on how to counter exorbitant annual insurance policy increases comes with experience and is based on some expertise.

You can save lives and money

Particularly relevant for when you are driving late at night through rain or snow, and also helpful if you want to see how you can reduce car insurance costs and overall car maintenance, http://lightbarland.com/ provides you with information on new lighting options in the form of LED light bar sources. Apart from safety for you and your family being immeasurably increased, insurance companies take delight in such improvements to your vehicle. You see, not only are you saving lives and money, motor car insurance underwriters factor in lower risks of accidents happening and consequently, the reduced likelihood of write-offs and massive payouts.

But what many insurance companies habitually do in spite of drivers taking such safety initiatives, is continue to implement annual increases, motivating these by increased inflationary costs across the board and the general rate of accident increases in spite of these drivers’ own practical underwriting measures. This is a good time to remind you that everything in life, particularly where safety is concerned and especially where money is concerned is up for negotiation.

Let others negotiate on your behalf

You may not always be in an advantageous position to negotiate directly with your car insurers. Let this be good advice for the New Year then; talk to your bank or financial consultant (if you have one) about contracting a qualified and certified short-term insurance broker to negotiate on your behalf. The advantage of using a major insurance broking house is that, due to their large book of business, they invariably negotiate reduced premiums on your behalf.

In essence, this is fair to all parties concerned, especially you. After all, why should you be paying for the losses that other reckless drivers make? Your good standing and claims free record should be taken into account. Leading insurance brokers also know that some major short-term insurers are marketing and tailoring their products towards preferred clients such as you. Let it be known that while you save money, these companies are also saving on their costs.

Two safety tips

Now that you are all set to take your holiday drive out into the countryside, let’s leave you with two safety tips. Make sure that you have all buckled up. While driving, make sure that you keep a safe distance of not more than two meters from the car in front of you. And especially if the roads are wet, increase this distance.

The long and short of responsible domestic insurance

The long and short of responsible domestic insurancePart of being responsible means you have to be truthful whenever you make comments online. And whenever you have good intentions and mean well when you try to educate others and provide them with coherent advice on the best insurance products on the market these days or leave them with good, prudent financial, underwriting and risk management advice, you had better know what you are talking about. Other people’s lives, quite literally, depend on this. More importantly, before you start talking to the world out there, make sure you are properly vetted or certified to do so.

Be prepared to test the waters

And, as is the case here, make sure that you’ve been given the go-ahead to talk openly, but without bias and as professionally and responsibly as possible, when dispensing good and proper insurance advice. This post responds to all that has been mentioned in its erudite introduction by also offering something of a disclaimer with a first piece of very important advice. Don’t take everything we say here as gospel. Part of being responsible with your short-term and life insurance needs means testing the waters, if you will.

Be prepared to talk to more than one certified financial planner or independent, non-associated and unbiased insurance broker openly about your immediate needs. And if their credentials are in order and they are everything that their company prospectus says they are, chances are very good that you’ll be receiving the best financial and insurance advice that your personal and domestic budget allows for at this time.

We’d also like to share some thoughts on being proactive and responsible around the house. Your garden presentation says a lot about the responsible person you are and shows passersby just how much pride and care you take in your personal belongings.

Creatively show burglars you mean business

Now, we say this with tongue in cheek, but to all intents and purposes, we are quite serious about this thought. Your proactive actions and personal creativity in organizing the building of a garden-friendly wall around your home, also says a lot to potential burglars that you mean business to the point that they are obligated to think twice, a human condition they are not famous for adhering to if Scotland Yard’s statistics are anything to go by.

This website, which coincidently talks about how to utilize suitable pole saws for building burglar proof fences, or even beautiful picket fences, also resonates with the responsible and proactive line on effectively insuring your home through your very own risk management initiatives without waiting for underwriters of the colonial and legendary Lloyds order to tell you what to do.

Speaking of creativity, let us leave you with yet another stimulating and innovative thought.

Many of you, through personal choice or circumstance, remain unattached and not obligated to sign up for archaic life insurance policies. Vis-à-vis your financial planner, you are now well primed to be strategizing towards a tailor-made investment package that is going to provide for you well in the longer term around the time you are no longer able to do so on your own.

Dos and Donts of Insuring Tools

Dos and Donts of Insuring Tools

To avoid the loss, damage or destruction of valuable things, people often insure them. This provides a layer of protection beyond any warranties or guarantees, a layer which may provide for a new item if the insured one is stolen, or repairs if the insured item is damaged in some way. However, not every single thing needs to be insured. Crazy, right? You probably won’t hear this from many other insurers, but there are some items which just don’t warrant the costs and headaches involved with the whole insurance process. Specifically, tools come to mind.

That doesn’t mean some tools shouldn’t be insured, not at all. But there are some dos and donts when it comes to insuring tools which would be good to look at before you make that commitment. For instance, do you want to use said tools for simple jobs around the house, or will you be depending on them to make a living as a handyman or mechanic? In the former case, insurance probably isn’t necessary unless the tools are especially valuable. In the latter case, your tools are literally your living, so being able to quickly replace them if they are lost, damaged or stolen is of paramount importance.

Dos and Donts of Insuring ToolsNext, ask yourself if you will be the only one using the tools in question. If you treat your tools with respect and don’t push them hard enough to break them, then you basically are the insurance against them being damaged or destroyed. However, who can say what another person is really like? If you loan your tools out to other people, even friends, bad things can happen to those tools. They may not even come back, as is often the case when people borrow things and “forget” to return them. Even compact reciprocating saws might be worth insuring if there is a real risk they could disappear.

These concerns aren’t really unique to tools, either. These are things you should think about before insuring anything at all – weighing the risks involved with your item against the benefits a solid insurance policy can bring you in regards to them. There are some things which should always be insured, like homes. But even some vehicles can go without insurance, at least if you live in a place where insurance isn’t a requirement to drive. The house where you live is just worth so much more than the tools you use to maintain it. Get more news here about reciprocating saws and other tools.

Now that you’re a little more educated about the dos and donts of insuring tools, take some time to think about how valuable your tools really are and whether or not you should insure them. If you need those tools to make a living, you should probably keep them protected with a nice policy that offers speedy replacements or repairs. If the tools aren’t worth much to begin with, or you don’t often work with them, then the need to insure them is lessened significantly. It’s really up to you what you do in the end, and there’s no such thing as too much insurance if you can afford it.

More food for thought on how to secure your home

Perhaps it’s human nature, but people don’t always do what they are told or follow good advice. This does not necessarily mean that the recipient of wise counsel or expert advice may be stubborn or even reckless. His intentions then may have been rock-solid. For instance, previously, he may have been traumatized by great financial losses not of his own doing and caused by financial institutions of questionable values and fly by night maintenance men who also had a money making racket as their sole motive.

Fortunately, there is sufficient legislation in place to protect you, as a homeowner, from such dodgy arrangements. Insurance companies and registered house maintenance contractors and builders are required to follow laws which ultimately see to it that homeowners are adequately protected within reason.

Learn from the unfortunate experiences of others

More food for thought on how to secure your homeSecuring your home properly has a lot more to do with just purchasing the right tailor-made house-owners and house-holders insurance policies. It also has a lot to do with how well you maintain your house, from protecting your exterior walls with the right all-weather paint to making sure your basement has the correct sump pump in place to withstand and prevent flood damage. http://sumppumpjudge.com/

has mentioned that the issue of water damage is quite serious. If you know of someone who has encountered such disasters in their home before, you will also learn that insurance companies and their underwriters are not at all pleased when policy holders do not follow their instructions or recommendations.

The consequences are dire, causing reckless homeowners to not being paid out fairly when such damage occurs or, worse still, losing their cover altogether. Let’s also just say that you don’t entirely trust the insurer you’ve been dealing with up to now. You could talk to your home loan originator or bank about recommending an independent financial planner and insurance broker about providing you with a service that is fair and impartial.

Let independent assessments convince you

More food for thought on how to secure your homeBut in any case, legislation seeing to this, service providers such as the Sump Pump Judge and your recommended or chosen insurance company are not going to be judging you at a stage when you are still trying to put together a good plan to secure your home and all its belongings lock, stock and barrel. We mentioned earlier that domestic specialists in insurance companies will avail themselves to you by putting together recommendations for you to follow. You don’t need to take their word as gospel, but an independent assessment (at extra cost to you) will show you that your insurance provider was right all along and, while covering their own financial costs, they had your best interests at heart.

These days too, you are even adequately covered against break-ins by following the recommendations given to you by your broker or insurer. The insurance package also includes twenty-four hour security patrols which will help prevent burglaries from happening, rather than reacting only afterwards as the case was in the past.

How to cover your guests while they have a good time

By now, you all know that accidents happen. But these accidents tend to happen when you least expect them to. How is this possible? When you have thoroughly prepared yourself for all eventualities in as many ways as possible, you do lessen the chances of these accidents occurring. And even when they do occur on those rare occasions, usually due to any number of human fallibilities, the damage is at least minimal.

Like knocking your wife’s prized crystal vase over. Or worse, one of your raucous, inebriated guests doing the honors for you. This is nothing compared to swapping insurance details after a minor car accident.

Accidents are avoidable

Imagine the awkwardness at one of those rare celebrations where many old friends from far and wide have gathered together after how so ever long. The accident was avoidable but the damage was done and the surprise so intense that even the karaoke mike fell silent.

Speaking of which, you can use http://www.karaokeisle.com/best-karaoke-machine-reviews-guide/ and other site ideas to help you plan your next big bash along with this extra bit of advice; plan well ahead of time on how to cover yourself and your guests while you all have a jolly good time.

Here’s just one unusual idea you may not have thought of before. Most householders’ policies will cover you for all eventualities, but coverage for parties is not one of those eventualities. Approach your insurance broker about tailoring a clearly-worded weekend contract which covers you for the accidental breakages we mentioned earlier as well as unexpected accidents to one of your guests.

Perhaps you still think this is not possible? It is. Short-term contracts of this nature are nothing unusual, particularly when there are prized assets in your home which could be very costly to replace if not adequately covered.

Gifts can be covered short-term too

Did you know that you can even cover gifts in this way? Again, talk to your broker about arranging the cover. Valentine’s Day is around the corner, and perhaps you are planning on buying your loved one expensive jewelry or a watch this time around. Cover can be arranged for the duration of leaving the store where you purchased the prized assets to the moment you enter your front door or your loved one places the item in his or her own home.

Invariably, you will be paying an additional premium for all of this, but in the event that such items are either lost or stolen, you will at least be covered and be able to claim for the unexpected loss.

Fortunately, markets also dictate that you as a consumer have as wide a choice to make when selecting a small karaoke machine set as recommended by Karaoke Island, or a tailor-made domestic insurance policy that includes clauses that cover the valuable items and inventories that aren’t specifically included in your annual coverage.

What you should know about boat insurance

paddle-812266_960_720My friend had just returned from a Kayak trip and was all agog about the things he had done on the trip. He had bought his kayak only recently at a great price with all the best features and was happy that he could use it so soon. He had called me specifically to enquire about the right insurance cover he could get for the kayak. He had been worried quite a few times during the trip about not having got the insurance for it. Insuring a boat you own is best done separately rather than as part of your homeowner’s policy.

Most often homeowner policies are restricted and cover risks related to specific marine related conditions like wreck removal, salvage work, environmental damage, etc. But you have certain exceptions. Most polices cover the smaller boats as well as motors that have a horsepower limit of up to 100. Though the cover provided by riders may be sufficient in such cases, you need to ask about the damages to your boat and the terms of payment.

Further, almost all homeowners’ riders apply for use in inland rivers, lakes and other waterways. The coverage does not extend to the beach or a coastal inlet. If you want to use your boat in such areas, you need to have a more comprehensive insurance.

Finding the right insurance

An insurer will consider offering a policy for your boat only when it meets certain criteria. Although any vessel will be insured for a specific sum, you should consider certain factors before you buy one that suits you. The age of the boat, its length, value, horsepower or speed are some of the main factors. The construction standards of the boat, and whether it conforms to the state regulation standards, should also be noted. The type of the boat is also a deciding factor as there are several types including utility, cruiser, inboard, fishing boat in saltwater, performance boat etc.  Boats without motor like kayaks, check out this site for more info, homemade boats also determine the insurance provided. The location where it operates and ownership also figure in the assessment.

Boat insurance types

Boat insurance is of two main types, namely, actual cash and agreed value. The deprecation present is the main differing factor between the two. The agreed value insurance policy covers based on the value of the boat, when the policy was bought. The depreciation is not accounted for in case of total loss of the vessel, although the upfront cost of this policy is more.

The actual cash type of policy is cheaper in comparison initially, but includes depreciation. It will take into account the value of the boat at the time of loss only. When your boat is aged, the actual value policy will be insisted by the insurer and it saves you more money mostly.

Whether it is a kayak or a bigger type of boat you own, having a proper insurance cover is always necessary and in most cases is beneficial to you. Some of the typical exclusions you should know about include marring, wear and tear, animal damage, denting, ice and freezing, design defects and manufacturer defects. In such cases, you may need additional cover.

About content insurance and what it protects

tools-1083796_960_720Content insurance is important to every homeowner, as it offers good cover in case of theft and accidents. Any damage to possessions present in your home is covered by this insurance, while the damage to the structure is covered by the buildings insurance. Knowing the typical coverage included in contents insurance will help you decide on whether it is sufficient or any additional cover is needed.

Contents covered

The contents insurance basically covers damage caused by natural calamities like lightning, fire , earthquake, flooding, storms, falling trees or man-made damages like riots, vandalism, theft, explosion, leaking oil or water, moving object like a car crashing into your home, etc.

The coverage also includes instances like

  • The legal liability you have as the one occupying the house, like for instance, injury to a visitor while in your home
  • The cost of storage and accommodation, if you are not able to live in the house, due to the damage caused by flooding, fire and other causes
  • Accidental damage occurring to equipment you own like computers, glass furniture, DVD players and stereo equipment
  • Replacing the locks and keys and the cost of labor involved in repairing it, if you damage or lose the keys
  • Food loss due to breakdown of freezer
  • Cash stolen from your property
  • Contents of outbuildings

Extra coverage

There are optional coverage factors, which you should know of as the standard insurance cover, while including accidental damage cover to equipment you own will not cover the damage caused to furnishing or goods. But when you pay for the additional cover, you can include these items in the cover. If you own hunting tools they can be insured in this way, if the initial cover does not include them. For household furnishing and other goods, the additional cover is worth it, if there are young and active kids in the house. Otherwise, it is not necessary.

Personal possessions

If you own personal possessions that need cover, while you are away from home like smartphone, digital camera etc. you may look at extended cover. Also termed as ‘All risks’ protection, this type of cover prevent loss of any of your possessions, while you are away from your home or abroad. But there are many limitations as to how much cover can be provided. You need to check with your insurer and know the terms and conditions properly, before you get the cover.

Cover for legal fees

In case you are involved in legal proceedings, to take action against or defend a particular claim, the legal expenses insurance, will cover the legal charges you incur in case of injury to you or your property, disputes at work, consumer damage and for any situation related to award of legal costs of the other party. While this cover is considered as part of the standard house insurance, some may charge additionally for providing it.

Other than those mentioned above, there is the downloads insurance that covers the cost of replacing all the ringtones, films, music and other files you had downloaded on your laptop, iPod or smartphone. This type of cover has become part of the standard contents insurance now.

Do you need pet insurance?

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One of my neighbors wanted to know about pet insurance, and the way she could get insurance for her pet dog. Many people are not aware of pet insurances generally and I was surprised that she knew about it. She is a nurse at the local health center and has odd work hours, which leaves her very little time to look after her pet. She said that most of her fellow nurses were dead on their feet by the time their shift ended, but she did not feel tired because of the comfortable shoes she wears. I told her about the pet insurance plans available now. And on how she could get one for her pet.

There are special insurance agents who focus solely on pets. Settling claims in a short period or paying for the vet in case of illness or injury is easy, when you have the right cover. Picking out the right insurance agent is equally important, as you need a reliable, helpful and friendly person to deal with any of the queries you have regarding the insurance.

Important considerations

One of the important features you need to look for includes a cover that is far improved than what the traditional insurance providers offer. A fast settlement of claim within maximum five days of receiving the claim, payment to vet seen to directly by the insurance provider, special discounts and good referrals from vets are some of the important features you should look for in a pet insurance provider.

Besides dog insurance, you have insurance cover for cats, rabbits and other pets. To find an appropriate insurance cover, you need to look at genuine full cover life policies that suit the needs of your pet and your budget too.

Precautions to be heeded to

You need to first speak to the PDSA regarding free treatment by the vet and check if your pet is not in the excluded variety like dangerous breed or working dogs. Pedigree pets are more expensive as the risk of theft and illness is more. You need to check if the pet is not past the age limit for insurance. Third party cover should be considered, as it could cost you over£1,000s. You need to estimate the smallest amount you can claim and set the excess. Refrain from lying, as it will render the policy useless. Multi-pet policies help in increasing savings. Annual checkups and injections should be taken care of, if not it indicates you are not covered. And remember to read the terms and conditions properly before you opt for a cover.

The fees charged by vets are expensive and increasing every year. This makes pet ownership quite expensive. If you are not covered adequately, you could go broke over paying bills for a broken leg or a cataract treatment. My neighbor was grateful for the information I shared and promised me she’d immediately consider a good insurance for her pet. She also gave me to find some good advice on the right shoes to wear, available at this website, while I’m working with my clients, as according to her good shoes keep tiredness at bay and makes one more productive.