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Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

TGS Insurance » Blog Top Reasons Your Home Insurance Premium Might Increase [2024] Owning a home is often a dream come true, but when that dreaded notice arrives in the mail—informing you that your home insurance premium has gone up—it can feel more like a nightmare.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. What is Covered?

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Why is landlord insurance more expensive than home insurance?

Cover4LetProperty

At its simplest, therefore, a home is a home, whilst let property is a business asset. At its simplest, therefore, a home is a home, whilst let property is a business asset. Essentially, insurance is about risk and a calculation of the probability of loss or damage being suffered by the insured item or items.

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Have you got suitable landlord insurance?

Cover4LetProperty

At first glance, there might seem little difference between a dwelling in which the owner occupier lives and one that is let to a tenant – despite the difference in tenure, both are homes, with a building and its contents broadly vulnerable to similar risks and perils. Can I use home insurance for my buy to let property?

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Insurance Considerations for Home-Based Businesses

Mark Jackson Insurance Agency

Home Office Desk by Ken Tomita The rise of home-based businesses has been one of the most significant shifts in the modern work landscape. While operating a business from home offers convenience and flexibility, it also necessitates careful consideration of insurance needs.

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Why can’t I get insurance?

Property Insurance Centre

Insurers will often insist that the property has a maintenance programme in place before they even offer renewal terms. Currently, many insurers will simply decline to offer renewal terms, if there had been any history of poor maintenance. It can be an extremely nuanced subject & question.

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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

Similarly, if the cost of building materials rises—something we’ve seen in recent years—insurance costs could also increase. Home Security and Safety Features Homes with security systems, fire alarms, deadbolts, and even storm shutters can often earn discounts on premiums.

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