Uninsured homeowners need not suffer financial loss
Posted 2007-12-13
Lloyds TSB, a financial services provider, noted that when
One of the oddest claims received by Lloyds TSB was from a man who had set fire to his living room wall when an
“We covered these claims because our customers had opted for accidental damage on their home insurance policy,” he added.
Considering the numerous and often freak ways in which homes can suffer major damage, homeowners should be aware that if they have not chosen to cover accidental damages on their insurance, one alternative is homeowner loans which may be a way to cover the cost of repairs.
Managing director Phil Loney added, “The tension of the Rugby World Cup final four years ago clearly took its toll on the nation’s homes.”
By securing a home loan against property, Britons could access additional funds when unexpected damages occur.
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