Contents Insurance - Why Your Request For Compensation Got Rejected

Contents Insurance - Why Your Request For Compensation Got Rejected

By Erika Ayala

Have you damaged or destroyed one of your personal belongings? You tried claiming compensation using your Contents Insurance policy, but they refused to pay you. Wasn't your insurance policy supposed to cover that? The problem is the way your personal items were damaged may not be covered by the policy. I understand what you are going through because I have encountered the same problem before.

There was one incident in which I plugged my television into the wrong socket and it exploded. I tried claiming compensation from my insurance provider, but they refused to pay for a new TV. Imagine, all your hard earned money blown away in an instant. You see, I do know how you feel. This is why I have written this article, to explain to you why your request for compensation got rejected.

The reason is this: Contents Insurance Doesn't Cover Damage Caused By You

That's right! You cannot claim compensation for personal belongings that have been damaged due to an accident or form of negligence on your part. You may have gotten paid for damages caused by natural disasters such as storms or earthquakes - and even from theft...but not damage caused by you!

Here are other kinds of damages this insurance does not cover:

1. Computer Viruses. It is your responsibility as a computer owner to protect your PC against all forms of viruses, spyware, malware, and more.

2. Damage Caused By Pets. Bring pets into your home at your own risk. The insurance company will not pay for damage caused by these animals.

3. Wear And Tear. If your old television conks out on you after five years of good service, don't expect your insurance company to pay for a new one. Save up for one yourself.

Warning: Do get a Contents Insurance policy with a high coverage. You should get one that can cover most if not all of your personal belongings, just in case a big disaster comes.

The Question Is: Do you know all the other secrets to claiming compensation for your valuables? You can check out this website for more information on how to useContents Insurance. Also, this is a very good resource for articles on Renters Insurance Inventory. Article Source: http://EzineArticles.com/?expert=Erika_Ayala Contents Insurance - Why Your Request For Compensation Got Rejected

What Does Contents Insurance Cover

What Does Contents Insurance Cover

By Dale Maxwell

The answer to this question lies with the individual insurance company. The simple answer to the question of contents insurance is that it basically covers everything that is not a fixture of the building. Items such as pipes, fixtures, wardrobes, toilets, tubs, and the like are covered by building insurance.

The things that a family or a business bring with them and take away when them when they leave the building are considered contents, and are covered. A lamp that can be picked up and carried away is covered in a contents insurance policy. A light fixture attached to the ceiling, on the other hand, would be covered by a building insurance policy.

So what does contents insurance cover? Things that are not part of the building, can be carried in and out, and are not left behind when the business or family moves are considered contents. Such items tend to be gathered over time, and become important parts of daily life.

Before getting quotes from insurance companies, go through the building and make a list of everything that should be covered by insurance. Important and expensive things like computers, video game systems, entertainment centers, televisions, software, and DVDs should all be on the list. Any collector items, even if irreplaceable, should also be included.

Furniture like kitchen sets, dining room sets, bedroom sets, antiques, couches, and all related items should be on the list, because their replacement could total a great deal of money. Any artwork, such as paintings, that did not come with the building can also be covered.

This list should be kept in a safe place that is protected from fire. A fireproof safe is a good idea. This list will make it possible to get a good contents insurance quote at the best possible price.

When scanning the building for things that should be insured, remember to think about just what the contents insurance policy will cover, or more importantly, what it will not cover, and discuss any concerns with an insurance representative.

This cover insurance ensures that fire, flood, theft, vandalism, and other catastrophes do not mean financial catastrophe. It allows a quick recovery so life can return to normal as quickly as possible.

If you would like more information on Building and Contents Insurance, please visit our website Building and Contents Insurance Article Source: http://EzineArticles.com/?expert=Dale_Maxwell What Does Contents Insurance Cover