Monthly Archives: April 2014
Planning a holiday is a wonderful feeling but did you calculate how much that break could cost? Not only the price of the trip itself, but the cost of replacing valuables and repairing your home if there is a break-in while you are away. The financial cost of burglary can be extremely high – and the emotional cost can be devastating too. Do all you can to protect your home and your finances while you are away with these crucial tips.
Keeping Up Appearances
The last thing you want to do is advertise your home as empty for a few weeks. It is essential that you make it look like your home is still lived-in as normal. If thieves get the idea that there is no one home, it is much more likely they will decide to target your property over someone else’s where someone is still in residence.
Don’t tell people you are going to be away from home, other than your trusted family and friends. Refrain from talking about your upcoming trip, for example, in the line for the bank or while you are shopping in a local store. And never post your status on social networks as being away – you never know which friend of a friend will take advantage. When it is time to leave, pack your car discreetly, preferably in the garage away from sight.
While you are away, have a friend come in to check on the house every day. Get them to empty the mail box, open and close curtains and switch lights on and off. If you are away for a long time, have someone mow the lawn or clear the snow in winter. If you can’t have anyone come to the house, set lights and electronic goods on timers.
Arranging Financial Protection
Make sure your household insurance is up to date – take a look at //www.santam.co.za if you need to renew – and check that all the security systems like alarms are working. Have copies made of any important documents and store them away from your house in a safe or bank deposit box. Let your private security company, if you have one, know when you are going to be away.
Before you leave, check every lock to make sure it is functioning. Don’t leave keys in the locks. Don’t leave any valuables on show and put away electronic equipment. Use your home safe to secure cash, weapons, and valuables or have them put in a bank deposit box.
Once you are sure that you have done all you can to protect your home and your finances, go away on holiday and relax – it is a waste of your hard-earned vacation if you spend the time worrying about the property back home. With insurance and security measures you have done all you can to make sure your house is no easy target for thieves.
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Having a proper level insurance for the things that you value the most can save you a lot of money in the long run. While it may be a pain to pay your premium each month, the coverage that you are entitled to if you need it can more than make up for those costs.
If you were to get hurt and have to go to the hospital, you could pay $1,000 or more just for the ambulance ride alone if you don’t have insurance. However, if you do have coverage, you could have your costs limited to $500 or less. For those who are chronically sick, yearly out-of-pocket limits could entitle you to get coverage for free after you have spent a certain amount of money.
Protect Yourself While Traveling Abroad
Those who are traveling overseas for business or for pleasure should strongly consider getting travel insurance. Travel insurance will cover the cost of lost luggage, medical coverage and certain travel costs if you have to leave early or make any other changes to your hotel accommodations. If you are going to a country that has an unstable political situation, having the ability to get out quickly can be helpful if a situation erupts. You can go online or talk to a local travel company insurance provider to get quotes or to find out how much coverage you can get.
Get Coverage for Your High Priced Assets
What would you do if you got into a car accident and didn’t have coverage? At best, you may have to scrap your car and get whatever you could for it. At worst, you are going to be paying for a car that you don’t get to drive. In addition, you wouldn’t have coverage for any medical bills related to the crash. Therefore, it should be a priority to have coverage on things such as your car or your house.
Insurance should be considered an investment in yourself and your finances. Without the right coverage, you could spend thousands of dollars for even minor repairs or trips to the hospital. Instead of worrying about going bankrupt because you didn’t have enough money to pay the doctor, you can get the care that you need without breaking the bank.