Home Insurance: Beneficial?

Home Insurance: Beneficial?

Indeed already many who know about insurance. Not even a few who know in detail about the ins and outs of insurance. But for some reason, the public interest for insurance is still quite low. In fact this is quite contradictory between reality and what society wants. Just look at how the general public will refuse to become an insurance holder for their assets when they are keen to have the assurance that nothing bad will happen to their assets. Take home insurance example. When asked if the public wants to be a member of home insurance, only a few have agreed.

Is it Important Home Insurance?

However, everyone would want their home to be fine. They realize that the house is their shelter. They are also aware that home is the best place for them to get relaxation, get together with loved ones and get entertainment. However, when they are faced with an insurance offer, they shake their heads. And not a few of these people who know how insurance can provide protection to their homes.

Well, let's assume most people do not know anything about home insurance. How can such insurance work and can provide protection to our homes? What are our obligations and rights? Actually what is insurance for the house? Let's talk together here. Who knows later you can take a lesson that insurance is not a thing that will harm you will even give a lot of positive effects on you.

Home insurance, as the name implies, is the insurance provided by the insurance company to guarantee your assets in this form of home. We all can not know for certain what will happen in the future to your home. Without any tendency to scare you, there are so many bad things that can happen to your home. Take for example, fires and natural disasters. Both of these can easily make you lose your home. Your house is destroyed due to two things is of course a loss you.

However, if you have purchased home insurance, you do not need to worry anymore. Basically, the insurance company will help you to alleviate your financial burden or even become your successor to take care of the full financial burden. In this case, when your home is experiencing problems such as being damaged by fire, the insurance company will compensate the amount of money in which the amount has been agreed upon when you register to become the owner of the insurance. Take for example, when you have bought a house for Rp 100 million. Then you buy insurance and you are obliged to pay a premium of Rp 1 million per year for a period of several years as determined by the insurance company. When suddenly your home is experiencing the problem as mentioned above, you can receive compensation which amount may vary as your house is intact or 80% of it or other amount according to decision which have been agreed together before.

Not that this can be very lighten for you as a homeowner if indeed bad things happen to your home. What if bad things do not happen to your home? Generally, the premium money you have paid will come back to you. But there are also some insurance companies that do not return the whole or do not return at all. Of course you have to be careful in choosing home insurance. Make sure you get insurance from a reputable company so that the premium you pay on a regular basis will not be lost for free.