|Welcome to I5ive.com - up to 5 Free Insurance Quotes
I5ive provides you with all the information you need in order to find the insurance policy that suits you best. Via free health insurance quotes, life insurance quotes, home insurance quotes or car insurance quotes, we hope to provide you with all the information necessary to make a sound decision. Need the help of an insurance agent? No problem. I5ive will connect you with an insurance agent in your local area and provide up to 5 insurance quotes at no cost to you. To see with which insurance agents you are matched, please fill our quick and easy form.
i5ive.com & Insureme
Fill our quick INSUREME
insurance quotes form, and get
Up to 5 Free Insurance Quotes
from reliable and cheap insurance
providers in your local area
Health, car, life and home insurance
savings are just at the tip of your hands...
Guide to home insurance
Insurance is a contract between insured and insurer, in exchange of payments from the insured and the insurer agree to pay a specific amount to insured, if a specific event happens. Insurance is a promise of compensation for specific potential future losses in exchange for a periodic payment. It is done to protect the financial well being of an individual. There are many types of insurance such as car insurance, health insurance, life insurance and home insurance. Home insurance is a type of property insurance.
Why do we need home insurance?
Home insurance helps you in protecting your home against damages or destruction. There can be accidental damages such as storm, fire, theft. Home insurance helps to protect your home from hazards. It is also called hazard insurance. It can also cover personal liability for accidents on your property.
Home insurance gives us a sense of security and peace of mind, and it takes a small amount of premium that an insured party has to pay to insurer. In return, the insurer insures that if any damage is done to your property by any of the reasons as mentioned in your insurance contract, they will pay for it.
Home insurance policy, as I told earlier, is a contract between insured and insurer and it is valid for a fixed time period. Home insurance is a lengthy contract and it has all the details like if this event happens, then what all damages would be paid. Mostly claims due to natural calamities like floods, earthquakes are excluded from the contract of home insurance. For these purposes, special insurances are available, for example flood insurance.
A good home insurance plan is the one that allows you to pay reduced amount of premium and gives protection against ample cases of accident. So to find a good insurance plan, you can do online search. But before getting the insurance, do check the provider’s name in the list of licensed insurance companies.