Home Insurance has proved to a boon to many, but has also drawn a lot of brickbats from customers who are dissatisfied with the way Insurance companies handle their claims or have refused to clear their claims.
Therefore it is always advisable to go through the policies very carefully before finalizing the agreement. Insurance companies considers smokers ‘high risk’ category. People who have raised claims for silly things like dropping staining liquids on carpets and ask for compensation without understanding where claims can be made had better beware. The home insurance quote companies drop them like hot potatoes and refuse to renew their agreements. Damage to articles and structure caused by earthquakes, flooding, typhoons are covered, not damage caused by carelessness on the part of individuals who make uncalled for claims.
If any Insurance Company puts you in a High risk category, it is very difficult for one to get Insurance deals with any company. The Insurance Companies will want a history of the house, the past history of people who live there, the claims they have made on various occasions etc, before agreeing to insure your property. So, they also do investigative work to make sure they don’t land into a problem. It is similar to the investigation you make to make sure the Company is reliable.
