September is the time to check your insurances

Since a lot of the discussions here on Toytown's own finance chat may have led one or the other Toytowner to the conclusion that he/she might want/need to make some adjustments within an existing insurance contract or even that switching insurances is required now:

most insurances carry a 3-month-notice rule til the end of the year, so if you want to make a change or plan to switch - now is the time to go through your insurance details and get yourself new quotes and all so that you can make a decision before the period where you can cancel your insurance for this year runs out...

of course you'll always have a special right later on to cancel if the insurance increases the premium and some insurance (like car insurance) have a different regulation about notice-period an all.

Just thought it would be worthy your attention because I know how it is: sometimes during a year we all plan to do something when the time is ripe only to find out that we missed the right timing (again) and need to postpone it yet another year. Which is particularily true for all finance related matters in my experience, both professional and personal.

Well, as an insurance broker I can not claim to be unbiased with regards to this information but you'll know me well enough for now, I guess, to know that it is also for your benefits that I put this remainder here, though I clearly don't mind if some of the switching brings additional business my way for which terrible thought I am hopefully excused as being the result of occpuational disease for which there is no insurance coverage available...

Cheerio

Thanks Starshollow, for your timely reminder and valued advice

Thanks for the reminder. I need to do just that.

Who can recomend the best insurances companies to insure the house with teenants?

Vicar: not entirely sure what you are looking for here...
a) to insurance the house: if you are owner of a house, you will want to insurance against fire and all other kind of destructions. That what you mean?
B) or do you rather want to insurance the contents, your belongings, valuable in the house/apartment against theft, damage and destruction?
c) or, since you are talking about tenants: would you rather want to have a liability insurance for the tenants in case they do damage to a property?

Each of the above mentioned scenarios requires a different insurance, therefore you might want to specify what you are looking for, ok?

Cheerio

Well up to now i have always been informed by my car insurance as to what my premiums will look like next year and i can react accordingly.

sure thing, Mik. But over the year and through all those discussions here on Toytown, people sometimes think that it would be time to switch an existing insurance (like health insurance or liability insurance, for instance) and those require a 3-month-notice to the end of the year in contrast to car insurances. Thats what this remainder is all about, because if you forget to cancel now (in case you want), you either have to wait another year or until the insurance raises the premium inbetween (because then you have a special cancellation right for 4 weeks).

Cheerio