Insurance for home and the law

Anyone who owns a car knows that it is illegal to carry it out of the road without insurance. Logically, therefore, would make sense if each homeowner were legally obliged to purchase home insurance. However, this is not the case. Homeowners simply are advised adopting a policy, but is not a legal requirement. You can also do not realize that their home insurance documents and content really are a legally binding agreement between you and the home insurance company. Therefore, there are many legal implications associated with home and contents insurance. Some of them are listed below.

1) Their mortgage and home and secure content - if, as most buyers of housing, you have to take out mortgage to pay for your home, then it's likely that your lender will stipulate that you have to take insurance for home and contents, or otherwise lose the mortgage.Legally you can do this because they are technically protecting your investment. your company secure home even may be linked to your mortgage lender.

(2) Fraud - if defraud their safe home company falsely claiming in your home and secure content that is likely to be processed. False claims cost insurance home millions of dollars each year and are therefore starting to suppress any false claims, and is likely to promote legal actions to be taken against you.

(3) Applications for home and contents insurance - the one thing to always remember the beginning is answering all the questions that your home insurance company asks you completely honest. Many owners have lied about their applications in the past and have had their insurance later revoked as a result. Once again, this is a form of fraud, but has serious consequences for you than simply time in prison.If your House is robbing, for example, and the company safe home goes to inspect the damage, then discovered that you don't have the deadbolts tener.Perderá you claim any remuneration outside doors and only can face prosecution, causing you to lose their property and possessions as well as their freedom.That may sound a bit extreme, but you can see the trouble a lie can get you on home and contents insurance.So says the truth can raise their premiums slightly, but can work much better in the long term.

Of course, this list is not an exhaustive list of laws and regulations associated with home and contents seguro.Su safe home company can inform you fully all laws which apply effectively to usted.Sin however, are the basic laws you should know before applying for the House and content seguro.La law can only really come into question for you if you are acuesta.Si you continues to be honest, then show you for good.