Just along to mention it here very quickly as I feel the need to.
I just had a phone conversation with friend and well we talked about getting home and content insurance. As most of my friends know (and apparently some of them frown at it) I am a believer of insurance. I have several life insurance, medical insurance, the usual car insurance and well home and content insurance.
Where I live, people do not see the value of it. Either that or they find the premium payment just an additional burden. The last type of insurance that most people would get is probably home and content...no one here would think of getting one unless the bank ask them to do so. I, on the other hand feels I have to. And the recent flood in Manila due to typhoon is a classic example why I feel home and content insurance is a must. I don't even count fire so much as for me, as long as one takes extra precaution that risk is highly manageable. However typhoon and earthquakes are different, I just feel I can't calculate.
Anyway, the end in mind in this post is to urge people to consider home and content insurance. Maybe in the US and other areas in the world it is a common practice, but not here in the Philippines. If you are curious about it, you may want to check it out and compare home insurance policies offered by different companies.
What about you, do you have home and content insurance?