Array
Money Matters

4 Tips To Get The Best Insurance

Because getting the best home insurance is one of the wisest decisions you will ever make

Shares
Photography: Ocs Alvarez/ACME Visual Productions (Main Photo)

Getting a home insurance? Make sure it is worth every penny. Atty. Tricia Villar shares some tips on how to score the best one. 

1. Get total coverage for your home. 

"Make sure your insurance policy covers the value of your home including its contents. Expect to declare the value of your things and having the insurance company assessor value your home. Cash and jewelry in the house aren't insurable." 

ADVERTISEMENT - CONTINUE READING BELOW

2. Be aware of the risks. 

"If you have a condo unit, insure it against fire—a greater risk to properties right next to each other."

3. Know the collection process. 

CONTINUE READING BELOW
Recommended Videos

"Even if you suffer a loss, you might not get anything from your insurance company if you fail to comply with their requirements. Violating any of these (leasing your property, for example, despite a written prohibition) will void your policy and keep you from collecting anything."

4. Pick a reputable insurance company. 

"You wouldn't want to be homeless after a fire and still have to wait for months before you can claim insurance. Check with people who have suffered a loss if they were able to obtain right away from the same company."

Read the original article ("Insuring Your Home") in the September 2004 issue of Real Living magazine. Download your digital copy on the Real Living App. Log on to summitnewsstand.com.ph/real-living for more details. 

ADVERTISEMENT - CONTINUE READING BELOW

More on Realliving.com.ph

Shares

Latest Stories

When Should You Clean Your Vacuum Cleaner?

Don't allow dirt to just sit in your dust bag!

NUTS & BOLTS: Rockwell developments, Wilcon store opening, and IKEA updates

Real estate, home, and shopping stories you need to know!

Vice Ganda Shares 3 Materials He Wanted in His Home

'Gusto ko maraming imperfections, but still, it's beautiful.'

This Restaurant in Tagaytay Offers You Peace, Quiet, and Ecotherapy

Nestled in the heart of Tagaytay is this must-visit al-fresco restauraunt.

How to Achieve a Scandinavian-Inspired Kitchen

Bright and dreamy, this design can be done easily with the right elements

MRT-3 Rides Grow Cooler As All Trains Get New Aircon Units

A total of 216 new units were installed.

A Peek Inside Saab Magalona and Jim Bacarro’s Family Home

Ikoniq Design Studio worked on the family home's common areas �" transforming it into more welcoming and child-friendly spaces
Load More Stories