Insurable Items - 19 Aug 2009 16:39
It is essential to have insurance to cover all your important possessions, including your car and home, and other associated items. These items, namely your car, home, watercraft, household items and other vehicles can be insured under any insurance policy.
Other vehicles, such as motor bikes, boats and jet-skis can be insured for either their retail or market value. Cover for your vehicles or buildings that are insured for personal use, includes either a fixed or percentage excess.
Different insurers offer different excess options. Generally the direct insurance companies like OUTsurance and Dial Direct offer the fixed excess option while the more traditional insurers offer a percentage based excess. That said, more insurers are moving to the fixed excess option these days. There are also options for increasing your excess and lowering your monthly premiums.
The benefit of being able to insure these items under any insurance policy is that it provides flexibility, and allows you to choose which type of insurance policy suits your particular financial and personal needs.
It is essential to have insurance to cover all your important possessions, including your car and home, and other associated items. These items, namely your car, home, watercraft, household items and other vehicles can be insured under any insurance policy.
Other vehicles, such as motor bikes, boats and jet-skis can be insured for either their retail or market value. Cover for your vehicles or buildings that are insured for personal use, includes either a fixed or percentage excess.
Different insurers offer different excess options. Generally the direct insurance companies like OUTsurance and Dial Direct offer the fixed excess option while the more traditional insurers offer a percentage based excess. That said, more insurers are moving to the fixed excess option these days. There are also options for increasing your excess and lowering your monthly premiums.
The benefit of being able to insure these items under any insurance policy is that it provides flexibility, and allows you to choose which type of insurance policy suits your particular financial and personal needs.