Home Insurance
Don’t be penny – wise and pound foolish. Make sure you have adequate coverage to rebuild your home in case disaster strikes. Be sure to get replacement coverage on your home and its contents.
Always, Always read your policy before signing on the dotted line. Don’t take your agents word for it. You may think you are fully covered till you read your policy completely only to find, say for example it does not cover you for flood or dripping taps. Has happened.
Travel insurance is another policy to read thoroughly. It can be a very expensive experience if you find you are not fully covered for some specific health problems that may arise while you are on holiday.
One example for me is that I had a Texas licence to ride a motorcycle but I did not have and Australian Motorcycle license. My travel insurance was an Australian policy and when I read the policy I found out I would not be covered for any accident I may have in America if I did not have an Australian motorcycle license. I had to go and get an Australian Motorcycle license before I left the country.
