Having insurance on all the things that usually break down
By jugsjugs
@jugsjugs (12967)
September 11, 2010 12:11pm CST
I have all the electrical things in my home insured,aswell as the electrics and water pipes and heating insured.They do say that you never know how good an insurance company is until you need them.My emursion tank is leaking and thankfully it is insured,i have up to £1000 cover for that to be put right,thankfully,plus i do not have to pay the excess like most companys charge,well worth the money.
6 people like this
20 responses
@jugsjugs (12967)
•
11 Sep 10
My bank asked me along time ago if i wanted to take out a policy that do free will writing aswell as insure my plumming and water pipes,my heating aswell as my electris there is also my mobile phone,car break down on any car that i am in when it breaks down travel insurance aswell as loads as other benifits,i am soo glad that i said yes to them to the insurance as it has saved us loads of money.
@doormouse (4599)
•
11 Sep 10
i live in a council house so i don't need building insurance,but i do have contents insurance,which i'm so glad i have as a couple of weeks ago i dropped my laptop,without my insurance i wouldn't have been able to get another one,i know someone who didn't have any contents insurance,like me they live in a council house,they had a kitchen fire and have had to replace loads of things including the bedding and carpets upstairs because of smoke damage,it's costing them a fortune,,my friend does'nt have any insurance and i've begged her to get some after what happened to our neighbour
@jugsjugs (12967)
•
11 Sep 10
This is a policy that i took out with my bank,nothing todo with buildings or contents insurance.This is a policy that is to insure up to a total of £1000 a year on my water pipes,heating,plumming,wiring,mobile phone,travel insurance,green flag in anyones car to get it sorted plus a host of many other things.Alot of insurance companys tend to charge an excess where as you have to pay the first £50 or £200 then they will pay the rest,with this it do not cost an excess at all,plus they are the ones that do all the paper work and ensure the work that is carried out.I have always had buildings aswell as contents insurance,in a council house they would only paint it magnolia,not a colour of your choice,thats why i have always had both,plus if it was my fault that a fire started and damaged a persons house or a person they can not take me to the cleaners.
@ANTIQUELADY (36440)
• United States
11 Sep 10
Good for u. I don't have insurance like that. Know it could in very handy.
@dlr297 (5409)
• United States
11 Sep 10
I have never purchased insurance for any thing. except my car, and house. for the other items the money you spend on the insurance over the years would probably purchase a new item 3 or 4 times over.
The only people making any money here is the insurance company.
@jugsjugs (12967)
•
11 Sep 10
I think that there are alot of people that do not ever put a claim in for anything to even use their insurance policy that they have paid in for all their lives,yet there are other people like me that are pleased that all my things are insured,as over the years i have claimed for a new washing machine,tvs,aswell as carpets.
@chipesterkhan (2925)
• Philippines
11 Sep 10
yeah insurance on a lot of your things is good
i have insurance on my car
my guitar
and hmmmm
myself
hahaha
and it's all well worth the money
@kun2349 (23381)
• Singapore
15 Sep 10
lol =D really?? U did that?? I will never do that because it's pointless. Water pipes can be changed and are supposed to be changed when they break down. Even there's insurance, they will only be covering it once, after which, we will have to pay for any kind of repairs or maintianence of it. It's not worth the money.
I wll rather be insuring for something else than things that usually break down.
@maygodblessu44 (7336)
• India
25 Sep 10
Hello my friend jugsjugs Ji,
So nice of you for your doing thr work. It is a lesson for people like me, who never thought of such minute things in any domestic living. I would request for a due apology in case of hurt if I say taht you are an a smart and clever GUY. Take care.
May God bless You and have a great time.
@dorannmwin (36392)
• United States
14 Sep 10
Well, we have homeowners insurance that covers most of the things on the inside and the outside of the house that need to be insured. However, we don't have anything that we carry individual policies on because in the opinion of my husband and myself, that would really be nothing more than a waste of money. We've been lucky that we have never had to file a claim and I hope that we never do, but it is nice to have insurance, just in case.
@Sanitary (3968)
• Singapore
13 Sep 10
U are so lucky. I'm not into insurance at all when it comes to such things in the house. All we have are just warranties. ONce those appliances are past their shelf life, failed on us, it will be time to buy a new set.
Over here, we are more concerned about getting insurance for ourself than for other things. Insurance itself is not cheap, and so it's much wiser to insure ourself, treating it as a form of savings too.
@michaeldadona (5684)
• Malaysia
12 Sep 10
What a lucky you with good insured company because you don't have to pay the excess, glad to hear this exclusion stats. Normally, the insurance company will stress on the excess value or amount stipulated in the policy once claim submitted.
@spalladino (17891)
• United States
12 Sep 10
Living in Florida, your central air conditioning unit is your most important appliance and replacing one can cost several thousand dollars so I have insurance on those and all of my major appliances in both homes we own. We also have homeowner's insurance to cover anything and everything else. It's always best to be prepared.
@bestboy19 (5478)
• United States
11 Sep 10
Do you have to insure each valuable item individually? We just get homeowners insurance and if there's something of particular value, like jewelry or furs, we schedule them.
@sender621 (14894)
• United States
12 Sep 10
I used to feel obligated to buy the insurance on products i bought. Nothing ever seemed to happen to go wrong with them until the time had passed for being insured. It just doesn't seem worth paying the extra cost.
@cerebellum (3863)
• United States
12 Sep 10
I have a friend that has everything electrical insured and she has plumbing insurance. She uses it a lot and I have thought many times that I should do something like that, but it seems I never get around to it.
