Guiding consumers since 2009

What your insurance policy covers when it comes to the elements

By Staff Writer

Today is World Meteorological Day and we thought we’d take a look at what the weather means for your insurance.

Below is a table of weather elements that are  and aren’t covered by your insurance policy.

 

Weather elements that are covered

Weather elements that are not covered

Wind (e.g. Tornado, strong winds)

Solar Heating equipment in a Frost area

Flood (e.g. Tsunami, river flooding)

Any weather related damage in a partially roofed construction

Hail

Movement of Land caused by:  Volume changes in clay based soil/rock caused by changes in moisture/water

Storm

Movement of Land caused by: Excavations other than mining excavations

Lightning (including thunder)

Movement of Land caused by: Removal of or weakening of pillars

Movement of Land (Natural shifts/ human activity)

Movement of Land caused by: normal settlement, shrinkage or expansion of dwelling

Snow

Movement of Land caused by: poor compaction of landfill

 

Rise in the underwater water table or pressure caused by it

 

Then please bear in mind that a weather related claim will also not be covered if the following either caused or contributed to the loss:

- defects in the design or construction of the building

- construction, alteration or repairs, defective workmanship or materials

-  a lack of maintenance

Recent Articles

Featured Debt counselling – the two sides of the coin

Being overindebted doesn’t just put a strain on your personal finances; it also puts a strain on your state of mind. The best solution is to start the process of debt counselling so that you can escape the debt cycle. But what are the ups and downs of joining this debt relief programme?

Travel ban – how to claim for the loss incurred

As with the recent Covid-19 pandemic, governments sometimes issue travel bans to prevent people from travelling to other countries. This becomes even more complicated if you’ve already planned and paid for your trip. Your flights will be cancelled, and you may lose money from cancelled accommodation arrangements. How do you claim for the financial losses incurred due to a travel ban?

How to finance and insure a second-hand vehicle

Buying a second-hand vehicle may suit your budget better than acquiring a new one. But what impact does an older model have on vehicle finance and car insurance? We reached out to specialists in the field to explain what the financial implications are of pursuing a second-hand vehicle.

Reading your loan agreement: look out for this

Many people don’t read their loan agreements. They just sign on the dotted line without realising that they could be signing their lives away. But it’s important to review your loan agreement before and after taking your loan to avoid future setbacks.

 

Deals

Udemy online course for R180

Price: R180
When: Until 27 March 2020
Where: Online

Educate your kids for free with Skills Share

Price: Free
When: Daily
Where: Online

Take advantage of payment holidays from Standard Bank and Nedbank

Price: Free
When: From 1 April to 30 June 2020
Where: Nationwide