Get expert information about Property Owners Liability Insurance from the insurance team at Property Insurance Centre. Get your questions answered.
8 simple property insurance mistakes you don't want to make Homeowners who make errors when purchasing an insurance policy may have their claims denied, even if the errors are not their fault. Even mistakes made when purchasing a home insurance policy through price comparison websites are accounted for, even if they are not the customers' fault. The problem is that an insurer believes they were not informed of a "material fact" about a property. What constitutes a significant factor varies by insurer, but it is basically anything that would cause them to refuse to insure you. Here are a few examples that occur frequently: 1. The property's age If an insurer discovers that an edifice is more recent than it appears, the initial offer will be lowered because the house is regarded as less risky. If a claim is made, the insurer has the right to deny it if [...]