•   
  •   
  •   

Money Housing: Is your furniture well insured?

13:50  12 may  2021
13:50  12 may  2021 Source:   20minutes.fr

$716K is the average house price in Canada. Here's what you can get for that

  $716K is the average house price in Canada. Here's what you can get for that Canada's red-hot housing market continues to defy expectations, with the national average price sitting at $716,828. But what you get for that amount varies greatly from city to city.House prices are soaring, with the average national price now standing at $716,828, according to the Canadian Real Estate Association's MLS system. That's up 31.6 per cent in a year, the biggest annual gain on record. The prices haven't curbed demand either; sales were up in March by 70 per cent compared to a year ago.

In case of disaster, what compensation can you expect from your insurer? Is it sufficient to replace damaged or disappeared personal effects?

En cas de sinistre, mieux vaut avoir assuré son intérieur de façon adéquate pour être correctement indemnisé. © iStock / City Press In case of disaster, it is better to ensure its interior appropriately to be properly compensated. Silver - In case of disaster, what compensation can you expect from your insurer? Is it sufficient to replace damaged or disappeared personal effects?

Sentimental memories, gifts , clothes , collections, but also furnishings and electronic equipment, our accommodations are often busy. As many personal effects that can be reduced to nothing, or seriously deteriorated, in case of disaster.

Well done, good Sirs and Dames: The most famous celebrities to be knighted

  Well done, good Sirs and Dames: The most famous celebrities to be knighted Emmy Award-winning television host Kathie Lee Gifford thanks her fans virtually after receiving a star on the Hollywood Walk of Fame. Plus, her former "Today" co-anchor Hoda Kotb shares her support.

and if it is not possible to set a price to family photos, your appliance equipment and appliances are protected as part of the housing multi-risk insurance. But at what cost ? a poor use value

because a table used for four years is no longer as impeccable as at the day of its purchase, a rate of obsolescence is applied to the nine price estimated at the time of the incident, so. to calculate its "use value". Although some contracts incorporate a wear scale for all movable property, it is most often an expert mandated by

the insurer that will specifically determine the dilapidation rate of the different degraded equipment. In this context, it will take into account several factors such as the average duration of the object, its technical characteristics, the possible technical progress made since or even its state of maintenance.

Affordable housing, universal access to clean water among topics addressed during NDP town hall

  Affordable housing, universal access to clean water among topics addressed during NDP town hall The difficulties of finding affordable housing in Canada have been exacerbated by the pandemic, and it has now reached a national crisis level according to federal NDP leader Jagmeet Singh. This week Singh took part in a virtual town hall on video conferencing platform Zoom which was hosted by Timmins-James Bay MP Charlie Angus, and also included Mushkegowuk-James Bay MPP Guy Bourgoin, as well as Timmins MPP Gilles Bisson. “We are in the midst This week Singh took part in a virtual town hall on video conferencing platform Zoom which was hosted by Timmins-James Bay MP Charlie Angus, and also included Mushkegowuk-James Bay MPP Guy Bourgoin, as well as Timmins MPP Gilles Bisson.

In terms of insurance, for example, a computer is worthless beyond five years of use, while a television will, in general, be compensated up to 50% of its purchase price. As for your clothes and shoes, they lose one-third of their value two years after their acquisition. In the depreciation of the least depreciated property, it is the dishes and the style furniture that come out winners, with 100% of the compensated value even after ten years of possession.

The attraction of the value to nine

if the usual value is the subject in the majority of the contracts, the insured persons can choose more favorable protection, by means of a higher contribution. Two options are offered to them.

Some agreements propose compensation for the "nine value" of the

furniture damaged. In this case, the proposed amount will be the price assessment of a new one with similar characteristics and performance on the day of the incident, without taking into account, or only in part, the obsolete.

NDP promises foreign buyers' tax, half a million new homes to cool housing market

  NDP promises foreign buyers' tax, half a million new homes to cool housing market OTTAWA — NDP Leader Jagmeet Singh is pledging a hefty foreign home buyers' tax and "massive" investment in housing to chill a boiling-hot real estate market. Unveiled today at a virtual news conference, Singh's election campaign-style promise would impose a 20 per cent levy on purchases by non-residents and pour $14 billion into housing construction, with the end goal of 500,000 new units over four years along with widespread job creation. TheUnveiled today at a virtual news conference, Singh's election campaign-style promise would impose a 20 per cent levy on purchases by non-residents and pour $14 billion into housing construction, with the end goal of 500,000 new units over four years along with widespread job

It is also possible to subscribe a guarantee of "re-equipped". In return for replacing damaged objects within six months of their degradation or theft, you then benefit from maximum compensation without any abatement of wear. To obtain an estimate as fair, the purchase invoices and photos of the furniture are essential. Digital safes can also store this information online.

Station with Precious Objects

while a sofa or washing machine may be damaged over time, it is the other way for jewelry or master tables, whose value continues to grow. You must protect them specifically.

In practice, you have to declare your precious objects -

jewelry , precious stones, objects of art, works of artists recognized, carpets and other furniture of art - to your insurer. If the total value is less than 20,000 euros, it may be sufficient to add an option to your home multi-risk contract to benefit from a guarantee based on their purchase invoice and expertise. Beyond that, it will be necessary to opt for an independent contract "in declared value" or "approved" and take appropriate security measures.

Economics WHAT IS QUESTIONS TO REVENING BEFORE CHOOSE YOUR INSURER? EconomicalMobilier: How to receive a construction site after energy savings

New mortgage stress test rules will make it harder for first-time homebuyers: experts .
The new rules, which are set to come into effect June 1, ups the minimum qualifying rate, which is a gauge of whether borrowers can handle payments should rates increase.The new rules, which are set to come into effect June 1, ups the minimum qualifying rate, which is a gauge of whether borrowers can handle payments should interest rates increase.

usr: 0
This is interesting!