Home Fire Insurance is Important For Everyone
Home is not only a fixed asset but also a relaxing place. After you come back from a travel or work for a whole day, you will have a sense of belonging when you walk into the house. However, your home may be hurt one day, for example, it will be hurt by the earthquake, storm or fire, etc. Therefore, we need to purchase home insurance to protect, especially the home fire insurance. As a matter of fact, the risk of fire is higher than other disasters to the home because many people will forget to turn off the power or gas stove before go outside. What is more, home fire insurance Singapore is necessary for everyone. According to the Singapore Fire Administration, there were more than 360,000 home fires in 2010, and these home fires resulted in $6.6 billion worth of damage.
It is known to all that our daily activities in home could lead to the possibility of a fire that could threaten our home and belongings. Cooking and keeping warm by the
fireplace is not the only activities that pose a risk. So do other things, like burning candles or incense. If all of this isn't enough to convince you that having adequate home
fire insurance Singapore may be a smart idea, here are just a few more reasons as bellow:
Smoke alarms may be not sufficient. A properly functioning smoke alarm can be a great early warning tool that will alert you to a fire with enough time to get your family to
safety and call the fire department. However, fire spread very fast, and getting a smoke alarm to the presence of smoke in your home cannot guarantee your home won't be
seriously damaged by fire. So don't think that having the latest smoke and carbon monoxide detectors will prevent a fire and give you enough time to put it out.
By extension, unfortunately, if the worst thing happened, your house burned down, where would you go? It’s great that if you have relatives who will help you out during such a hard time, but if you don't, what would you do? Most standard home insurance covers fire loss with the benefit of reimbursing additional living expenses. For example, if your home is destroyed or damaged enough by a fire and it's not safely habitable, a fire insurance will often pay for the reasonable increase in your living expenses, such as the
additional cost of hotel stays, restaurant bills, etc.
Having home fire insurance Singapore can save you from financial disaster. For most people, home is the most valuable asset. Failing to insure it against fire damage could put you in a precarious financial situation. You've been working hard all your life to have the things that will be all gone in a flash by failing to have adequate fire insurance.
Home fire insurance is a weapon to help cover your pecuniary losses is a critical safety net that nobody should do without. However, in order to avoid the happening of the fire,
in your daily life should have the consciousness of disaster prevention.