Buying a home is a very big step for anyone who is a beginner in the property market. After jumping over hurdles just to secure financing, most people find themselves overwhelmed by the thought of sifting through dozens of home insurance quotes. For people who are taking out insurance for the first time, things can

Buying a home is a very big step for anyone who is a beginner in the property market. After jumping over hurdles just to secure financing, most people find themselves overwhelmed by the thought of sifting through dozens of home insurance quotes. For people who are taking out insurance for the first time, things can seem quite confusing when trying to decide which home insurance companies are right for them.

Standard Home Insurance Cover Policies

From a typical home insurance policy, you’ll notice there are some standard things that are covered.

  • Dwelling Coverage – a staple of most home insurance policies, this covers the structure of your home. Ceilings, walls, floors fall into this definition. Some policies also protect owners against fires, natural disasters and vandalism
  • Personal Liability – this covers physical harm that occurs to guests in your home. If a covered accident happens and someone is hurt as a result, or your home sustains damage, your home insurance would provide coverage under the personal Liability section.

Additional Home Insurance Cover Options

It’s usually not enough to get only the basic Home Insurance cover. Should your home or belongings get lost, stolen or damaged in an accident that isn’t covered in the standard cover options, your insurer will probably not pay out. That’s why it’s wise to consider other types of Home Insurance covers which will be specific to your individual needs.

  • Water backup in the sewer – there are many neighbourhoods that struggle with service delivery issues in their respective municipalities. Blocked, damaged or overflowing sewage pipes sometimes take days before they are attended to, and this could leave lasting damage to your home and its surrounding structures.
  • Earthquakes and other natural disasters – natural disasters are a reality – even for South Africans. The country recently experienced a tornado in Tembisa. Dozens of homes were damaged and there was a reported roof collapse at a local mall in the area.

For more information and additional home cover options, visit the iWYZE Home insurance page today and make the wise insurance choice.

Getting the right kind and the correct amount of cover is more than just about punching numbers into a home insurance calculator. It’s about putting in the hours to do your research. Anything can happen to your home and your belongings, so make the wise choice and be prepared when the unexpected strikes.