By: Financial Gladiator

Financial Gladiator
Sat, 26 Jan 2019 03:49:28 +0000

It‘s a love and hate relationship with insurers. Most of the time the change their terms more than once a year and if your really want to understand the meaning, exclusions, caveats behind their fancy product names it sometimes feels like a fulltime job to keep up with the changes in fine print. I insure my real estate for third party damage mostly. Contents I found to be insanely expensive compared to value (and cost). Rebuild is usually covered by the administrator who takes out the insurance on behalf of the owner association. Haven’t made a claim yet so I have little experience but am looking forward to what other people have to say.