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." 

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. 

"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."

ADVERTISEMENT - CONTINUE READING BELOW

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. 

More on Realliving.com.ph

Shares
Recommended Videos

Latest Stories

Where to Find Wall Stickers for Your Child's Bedroom (No Need for a New Paint Job!)

You can get wall stickers in lots of unique colors and designs.

The 5-Basket System: How to Declutter Your Home Once and for All

Get rid of all the unnecessary junk that may have accumulated in your home finally.

Not All Electric Fans Are Created Equal! 7 Things to Consider When Buying One

Fans are a necessity in all Pinoy homes, so make sure yours is a reliable model!

7 Ways to Brighten Dark Rooms if Your House Doesn't Get Natural Light

First tip: Update your old light bulbs!

How You Can Achieve a More Efficient Kitchen Without Remodeling!

All you need to do is organize your kitchen items and establish specific zones.

8 Ways to Store and Organize Your Pots and Pans So They Don't Get Damaged

Ever thought about using a pegboard to organize your cookware?

10 Ways to Make Your Small Living Room Look Bigger and Better

Don't let the small space limit your creativity when it comes to decorating!

Never Have a Smelly Sink Again With This One Simple Ingredient (Just Sprinkle)

Learn what you can do to make sure those nasty smells don't happen again.

Feeling Sad and Anxious? Maybe You Need a Potted Plant or a Vase of Flowers at Home!

A study found that green wonders and fresh blooms have a positive impact on one's well-being

10 Pretty Decor Pieces for an Insta-Worthy Wall

Make the most of your bare walls!

How to Pack a Suitcase Efficiently, Prevent Wrinkled Clothing

Especially if you're just bringing a carry-on!

7 Ways to Make Your Ceiling Look Higher Than It Actually Is

Take note of these decorating tricks to help you create the impression of a taller room.
Load More Stories

Get inspiring design ideas and handy hints.
Subscribe to our newsletter now!