insurance claim?
I was recently a victim of a street robbery and had over £7000 worth of stolen from me. I was hit over the head with a baseball bat which left me a bit confused, i then came stright home and passed out and didnt report the matter to the police until 20 hours latter. Do you think that because of my delay in reporting the crime i may have problems in getting a pay-out? My insurance documents say that crime should be reported immedatly!!
Thanks for your help
Very similar Q here, from “bw” 2 weeks ago… suspiciously similar in my view, note same mis-spelling of “immedatly” and “stright”….. is there something I’m missing ?
http://uk.answers.yahoo.com/question/index;_ylt=AuKrYotscfJNLU9AkygLvlkhBgx.;_ylv=3?qid=20080505140012AARMzlo&show=7#profile-info-R1bSPxI8aa
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“On Saturday I was the victim of a robbery where I was hit over the head with a baseball bat and had my gold chains stolen.
After the attack i went home with the intention of cleaning myself up a bit as I was covered in blood and then planned on going to the police. At home I ended up passing out and didnt come round till sunday morning and then I went stright to
the police to report the crime.
I have just checked my insurance policy and it says thet theft should be reported to the police immedatly. Do you think that i am going to have trouble getting the insurance company to pay up as I didnt report the crime for 22hours after it happened? Or will it be ok
as I passed out?
If any of you have some advise please advise. Thanks
•2 weeks ago
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Suggest you look at answers to that question.
Filed under Home Insurance by on Jun 3rd, 2010. Comment. 
One of the most essential insurance policies that every homeowner must secure is the homeowners insurance. Even if majority of the banks require it when you apply for mortgage, this insurance is ideal for all homeowners who have their own property since it is a sort of protection from wasting his investment.
The regular homeowners’ policies include destruction due to disasters like falling trees, fractured pipes, and other unexpected circumstances. Strong winds are also part of the coverage, unless the house is situated in a place that is normally hit by heavy winds like in coastal areas. If you happen to be in this location, there is a homeowners policy for wind-restricted areas and the homeowner will need to avail a different insurance plan.
Other kinds of natural calamities like floods will not be part of the coverage. Normally, if the house in a flood-prone area, the homeowner will need to avail flood insurance plan separately. Destruction due to the insufficient maintenance of the property will not be covered also. Take this for as an example, if the homeowner does not provide protection the wood siding, the policy will not shoulder the expense for the replacement of the siding that is damaged due to this negligence.
Buildings that are not connected to the house like sheds or garages, are normally part of the insurance coverage. In other cases, the policy for these structures is about ten percent of the amount of coverage on the main building.
Moreover, majority of the homeowners’ policies include the homeowner’s personal things that are found in the house. Thus, if a calamity will occur, aside from shouldering the replacement of the entire house, the holder will also receive the money intended to replace his personal belongings. Normally, personal things can get a rate of fifty to seventy percent of the entire coverage of the building. And also, a lot of insurance plans will also include the items that are not found inside the house which is termed as off-premises coverage. For instance, if there is something stolen from the homeowner while he is not around, the insurance plan will shoulder the expense for the replacement.
Regular homeowners’ insurance plans will also cover the value of the landscaping in your home. Things like trees and shrubs are part of the coverage. Lightning and fire are in but not wind or blight. In other cases, these items can have coverage up to 5 percent of the coverage on your house.
The major thing that most individuals are not aware of about homeowners insurance is liability protection. If the plan holder is litigated because of damage to other party’s house, homeowners insurance will be liable for the accident. Normally, liability coverage begins at $100,000 and can reach up to millions.
Lastly, the insurance policy does not only include the expense for reconstructing the home when calamities occur, but it can also include more than what people can every think of. Hence, make sure to choose the right policy for you.
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Filed under Home Insurance by on May 5th, 2010. Comment.
When you go shopping for insurance it’s going to feel like they’re throwing a thousand different types of homeowners insurance policies at you in the hope that you’ll be able to field the right one based on nothing but luck. Since it doesn’t work like that, it pays to be familiar with the most common types of homeowners insurance policies before you get tossed into the arena to sink or swim!
Common Homeowners Insurance Policies
a) HO-1. If you’re looking for basic coverage for your one room shack that cost less than $25 to bribe the turtle down the beach to build (or you have another structure that you only want very basic coverage for) the HO-1 is the homeowners insurance policy you’re looking for. The only thing this type of policy covers is fire and lightening damage, so don’t expect too much!
b) HO-2. This type of coverage is known as “broad coverage.” Broad coverage protects your home against fire and lightening, as well as windstorm or hail, theft, explosion, smoke, damage from vehicles and/or aircraft (although why they’d be in your living room, no one really knows), vandalism, malicious mischief and riots/civil commotion. This is also the coverage that’s going to protect you from building collapse, falling objects, damage due to the weight of snow, ice or sleet, water damage from bursting pipes (or other plumbing mishaps), and your hot water tank blowing up. Needless to say, this is a good policy to have!
c) HO-3. This is the “special” policy issued to protect your home from any peril except those specifically named as uninsurable and it’s among the most common types of homeowners insurance policies issued every year. If you’re buying an HO-3 policy, just make sure you know exactly what’s not covered. The last thing you want is a nasty little surprise waiting for you when you try to file a claim.
d) HO-4. This is the typical “renter’s insurance” policy that provides you with the same broad coverage found in the HO-2 policy for your personal belongings, as well as additional living expenses and liability.
e) HO-5. The HO-5 is the most comprehensive insurance policy available on the market, quite literally protecting your home against everything but earthquakes, war, nuclear exposure and flooding. In other words, take Mother Nature and the world’s mad scientists out of the equation and you’re good to go!
f) HO-6. This is your typical condominium insurance policy, and it’s used to insure items not covered by the association (whose coverage stops at the exterior walls of the building and doesn’t extend to the rat trapped in between) and personal items and take care of any liability issues that might pop up along the way.
g) HO-8. This is what’s known as an “older home” policy among the insurance community. What’s it for? Primarily to keep insurance companies from having to use expensive and/or inferior materials to replace or repair elements of an older home. The HO-8 policy brings older homes kicking and screaming into the 21st century.
Anthony M. Peck is the Senior Developer, Software Project Manager, and Director of Business Development for QuoteScout.com. For more information on buying homeowners insurance, please visit them on the web at http://www.QuoteScout.com
Filed under Home Insurance by on May 3rd, 2010. Comment.