Searchlight Logo
special_image

    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
Do’s & Don’t’s of Property Insurance
Features
August 9, 2019

Do’s & Don’t’s of Property Insurance

Can YOU afford the cost of repairing or replacing your damaged building or contents from your own pocket? Most of us can’t afford that.
Even seriously-wealthy persons use their common-sense to transfer their risk to Insurance.

So, perhaps the Question SHOULD be:  

Can YOU afford NOT TO insure your Buildings and Contents?

Here are some thoughts for you:-

DO Estimate what Hurricane damage to your Building or Contents could cost you? (Worst Case)

DO calculate if you could afford to pay that cost from your own pocket? (Risk Management)

DO Learn what risks can be covered by Property Insurance? (You can save by self-insuring some)

DO learn what the cost of Property Insurance for you can be? (Costs & Coverage do vary!)

DO Compare the cost of Insurance against the Cost of Repairs! (A Reality Check! )

DO Learn what’s NOT covered- it varies from company to company

DO Learn about Deductibles, and how they affect you (i.e. the First Amount which YOU bear)

DO Learn how much is your Natural Disaster Deductible (in Dollars, not Percentages)

DO try to hold-back a “Reserve” to pay for this Deductible, just in case…..

DO Learn FREELY from an independent Insurance Broker. It can save you Time, Stress, & $$$$

BUT

DON’T say it can’t happen. Remember Hurricanes Harvey, Irma and Maria  in 2017 !

DON’T say you can’t afford insurance- Find-out First!

DON’T just buy the Cheapest insurance, thinking you will never need it anyway……

DON’T think that ALL insurance is the same!

DON’T “under-insure” just to save money.  Pay-back time is when your claim is cut-down!

DON’T insure for what your Buildings or Contents cost you.  Insure for Replacement Values!

DON’T Guess!   Get help for Replacement Values, AND List your Contents (Business or Personal)

DON’T buy based on Price-Alone. Consider the Coverage, Strength, and Reputation of the insurer!

DON’T Assume Anything!   Get it in writing, AND make sure you understand it clearly !

DON’T hesitate to use the FREE services of an independent Insurance Broker- you’ll be glad you did!!

  • FacebookComments
  • ALSO IN THE NEWS
    ULP presents slate of candidates for National Council’s approval
    Front Page
    ULP presents slate of candidates for National Council’s approval
    Webmaster 
    September 16, 2025
    THE GOVERNING Unity Labour Party (ULP), last Thursday, September 11, 2025, presented its full slate of candidates for approval at the party’s National...
    Ollivierre promises Ministry of Grenadines Development under NDP
    Front Page
    Ollivierre promises Ministry of Grenadines Development under NDP
    Webmaster 
    September 16, 2025
    OPPOSITION MEMBER of parliament for the Southern Grenadines, Terrance Ollivierre is promising a better life for the people of the constituency under a...
    North Windward elderly enjoy ‘Age with Grace’ at Sandy Bay
    Front Page
    North Windward elderly enjoy ‘Age with Grace’ at Sandy Bay
    Webmaster 
    September 16, 2025
    SCORES OF NORTH Windward residents turned out to the Sandy Bay Primary School on Saturday, September 13, 2025 to take part in a body care and wellness...
    ‘Outsider’ shot and killed in Layou
    Front Page
    ‘Outsider’ shot and killed in Layou
    Webmaster 
    September 16, 2025
    A MAN WHO WAS DESCRIBED as an “outsider” by several villagers before he was shot and killed in Layou last weekend, has been identified as 23-year-old ...
    Mainland, firmly NDP territory says Cummings
    Press Release
    Mainland, firmly NDP territory says Cummings
    Webmaster 
    September 16, 2025
    CHAIRMAN OFTHE NEW DEMOCRATIC PARTY (NDP), Daniel Cummings, has appealed to constituents in the Southern Grenadines to re-elect Terrance Ollivierre in...
    GEF, UNDP and Ministry of Agriculture Summer engagement Programme a success
    Press Release
    GEF, UNDP and Ministry of Agriculture Summer engagement Programme a success
    Webmaster 
    September 16, 2025
    IN A BOLD STEP toward cultivating the next generation of environmental leaders, the Ridge to Reef Project – funded by the Global Environment Facility ...
    News
    Vendor fined, bonded, and ordered to pay compensation for striking sleeping man
    From the Courts, News
    Vendor fined, bonded, and ordered to pay compensation for striking sleeping man
    Webmaster 
    September 16, 2025
    A VENDOR, who accused another man of vomiting and urinating in front of his family’s business place was bonded for striking the man in his stomach whi...
    Collaboration needed for more growth, says SVG Hotel Association President
    News
    Collaboration needed for more growth, says SVG Hotel Association President
    Webmaster 
    September 16, 2025
    PRESIDENT OFTHE SVG Hotel Association Isola Giddings, says the country’s tourism sector is on a firm path of growth, but stakeholders must work togeth...
    Foundation implements community driven project in SVG
    News
    Foundation implements community driven project in SVG
    Webmaster 
    September 12, 2025
    THE ASHLEY LASHLEY Foundation, with support from the United States Government, is implementing a local-level project entitled “Community-Driven Strate...
    Skills not available locally, non-nationals have to be hired says Finance Minister
    News
    Skills not available locally, non-nationals have to be hired says Finance Minister
    Webmaster 
    September 12, 2025
    NON- NATIONALS ARE being hired to fill several jobs in St Vincent and the Grenadines (SVG) simply because locals did not have the required skill sets....
    Montgomery Daniel squashes rumours that he’s sick
    News
    Montgomery Daniel squashes rumours that he’s sick
    Webmaster 
    September 12, 2025
    DEPUTY PRIME MINISTER Montgomery Daniel has sought to clear around rumours that have been circulating relating to his health. Speaking on NBC radio on...

    E-EDITION
    ePaper
    google_play
    app_store
    Subscribe Now
    • Interactive Media Ltd. • P.O. Box 152 • Kingstown • St. Vincent and the Grenadines • Phone: 784-456-1558 © Copyright Interactive Media Ltd.. All rights reserved.
    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok