home maintenance
Your insurance won't fix your house for you
Submitted by Michaela on Thu, 2012-01-19 15:39If 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.
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
- 81 reads
Businesses urged to avoid major financial loss in fire season 2012
Submitted by Michaela on Thu, 2012-01-19 15:36- 83 reads
A house is probably one of the most expensive purchases consumers will make in their lifetime
Submitted by Michaela on Thu, 2012-01-19 15:28It 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
- 47 reads
Homeowners must prioritise home maintenance or face insurance claim repudiations
Submitted by byrnie on Tue, 2011-09-20 06:24According 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.
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
Owners can't uphold homes
- 156 reads




