home maintenance

Your insurance won't fix your house for you

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If you don't take care of your primary asset - your house - you risk paying much more than just the cost of repairs if maintenance is neglected.

The fact is, your insurance can refuse to pay for damage caused by any ongoing problems you should have attended to. "Insurance policies are not home maintenance contracts," said Christelle Fourie, MD of MUA Insurance Acceptances.

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If you don't take care of your primary asset - your house - you risk paying much more than just the cost of repairs if maintenance is neglected.

The fact is, your insurance can refuse to pay for damage caused by any ongoing problems you should have attended to. "Insurance policies are not home maintenance contracts," said Christelle Fourie, MD of MUA Insurance Acceptances.

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Your insurance won't fix your house for you

Source: Business Live

Businesses urged to avoid major financial loss in fire season 2012

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Over 200 people have been left homeless and at least 2 other people have died in recent widespread fires in the Western Cape. As temperatures look set to remain high through to March, the importance of businesses adhering to fire safety regulations is once again in the spotlight. South African businesses are urged to comply with fire regulations or bear the risk of major financial outlay and liability due to damaged property and assets or human lives.
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Over 200 people have been left homeless and at least 2 other people have died in recent widespread fires in the Western Cape. As temperatures look set to remain high through to March, the importance of businesses adhering to fire safety regulations is once again in the spotlight. South African businesses are urged to comply with fire regulations or bear the risk of major financial outlay and liability due to damaged property and assets or human lives.
 
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Source: FA News

A house is probably one of the most expensive purchases consumers will make in their lifetime

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It is therefore vitally important to fully understand the insurance implications when purchasing a new home so that you can ensure you are financially covered in the event of any loss or damage.
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It is therefore vitally important to fully understand the insurance implications when purchasing a new home so that you can ensure you are financially covered in the event of any loss or damage.

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A house is probably one of the most expensive purchases consumers will make in their lifetime

Source: ITI news

Homeowners must prioritise home maintenance or face insurance claim repudiations

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A recent estate agent survey on Tuesday showed that the majority of homeowners cannot afford to maintain their properties.

According to the First National Bank (FNB) Home Loans' second quarter survey only 41 percent of homeowners, have the necessary funds to repair damage to their houses.

That is a drop of more than 38 percent since 2004.

Content: 

A recent estate agent survey on Tuesday showed that the majority of homeowners cannot afford to maintain their properties.

According to the First National Bank (FNB) Home Loans' second quarter survey only 41 percent of homeowners, have the necessary funds to repair damage to their houses.

That is a drop of more than 38 percent since 2004.

Read more by clicking on the link below:

Homeowners cannot maintain their properties - survey

Source: Eyewitness News
 
More MUA coverage on Homeowners not being able to maintain their properties:
 
An estate agent survey on Tuesday showed that the majority of homeowners cannot afford to maintain their properties.
 
Read more by clicking on the link below:

Owners can't uphold homes

Source: Iafrica.com
 
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