Archive for January, 2010

January 28

Whats the difference between home insurance and rental insurance?

Posted by admin
Filed under Renting & Real Estate | 4 Comments

jayna asked: for my rental property? Is it a good idea to switch home insurance to rental insurance when a tenant is living in my rental property just in case if they smashed some holes on the wall, or some damages on the property? Where i can compare home insures?
Thanks!Hana

January 28

How the home insurance for secondary home different from primary home insurance?

Posted by admin
Filed under Renting & Real Estate | 3 Comments

Cosmos asked: I am renting my home for 4 months and that’s why I need to convert my Primary home owner’s insurance policy to Land lord policy. But after 4 months I can’t change the insurance of my home to Primary home owner policy. But I will have to get the Home owner’s insurance for [...]

January 28

Who pays for the home insurance when you let your house?

Posted by admin
Filed under Law & Ethics | 3 Comments

maria asked: I ask this question on behalf of my friend, who lives in Malaysia. He wants to know what the law in England will be in this case.
My friend is gonna let his house to another, so that he can have some income. A question arises: They need to buy a home insurance in [...]

January 23

Will an insurance company insure our home if there is a unpermitted cottage?

Posted by admin
Filed under Renting & Real Estate | 2 Comments

Happy asked: I’m in the process of buying a foreclosure home (Saratoga,CA, can’t transfer the insurance since it has already lapsed) that has a detached unpermitted cottage (2 bedrooms, kitchen, bathroom and living room total of 900 sq ft), the main home also has a unpermitted converted garage that is used as a in law [...]

January 21

Why is home insurance limited to each and every different type of disaster?

Posted by admin
Filed under Maintenance & Repairs | 1 Comment

Craptacular Wonderment asked: The home is either livable or NOT livable…it matters NOT what disaster ruined the home..
Why then is it that you have to pay extra for each different type of circumstance? An accident is an accident…. a disaster is a disaster… the home can only be burned, flooded, distroyed by earthquake [...]

January 15

Why home insurance companies are sensitive to lapses in the insurance?

Posted by admin
Filed under Insurance | 6 Comments

francine asked: When I shop for a home insurance I am always asked if my home is currently insured or if there are lapses in my insurance policy. Some companies outright refuse to give me a quote when I tell them that I haven’t had home insurance in the last 3-4 months. I am wondering [...]

January 11

Does home insurance cover when you rent out the house and the tenant causes a house fire?

Posted by admin
Filed under Maintenance & Repairs | 1 Comment

janey asked: Does home insurance cover when I rent out the house and the tenant causes a house fire (assuming the house completely burnt down)? If not, do I need to buy landlord’s insurance or ask the tenant to buy renter’s insurance? Where can i compare home insures? ThanksSamir

January 9

How can I buy home insurance if I use one room for my business?

Posted by admin
Filed under Small Business | 3 Comments

maximina asked: Hello there! I am a freelance web publisher so basically I work from home using my laptop. My husband and I just bought our first home. The other day I was shopping around for home insurance when an agent told me if I run my home business many carriers will mark me as [...]

 
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