As hard as it is to admit during home renovations: You can’t do it all. So, at some point, you may need to hire a contractor to do what you can’t. However, what if the person you hire gets hurt while working on your home? Are their medical bills your responsibility or the responsibility of the company that you hired them through? The answer, as with most things, is that it depends. Let’s take a look.
Your home insurance does a lot of cool things. It protects you from different losses, and it serves as a financial safety net. While there are a lot of great things that home insurance does, there are some coverages that you may want to add to your policy as endorsements. (Don’t worry – we’ll explain what an endorsement is in a second.) But what are these home insurance endorsements that you should know about so you can consider whether you should add them to your policy? We’ll go over four.
The Fourth of July is a time for celebration, family, and summer fun. Maybe you get some time off work in observance of the holiday and you’re looking forward to relaxing, grilling out, and watching some fireworks. Sure, July 4th is a great time, but you also need to be sure to be safe. Check out the following reminders so you can have a happy and safe Fourth of July.
Going through the process of getting home insurance might seem intimidating and overwhelming. There are a ton of questions to answer, lots of big fancy words, and plenty of details. It might help to be prepared for what questions you’ll get ahead of time…and to know why the agent on the other end of the phone is asking what they’re asking. We’re going to explain 10 questions that an insurance agent might have for you and why the answers matter.
It might be intimidating to look at your home insurance policy. That thing looks, well, extremely boring and tedious. What if you just want a bird’s-eye view of what your policy does? Of course, it’s important to read your entire home insurance policy, but there has to be an easier way to get the basics. Well, insurance companies had the same thought. Enter the declaration page! Here’s an explanation of what the declaration page is.
You might have a second home that you’re renting out on an annual basis. If you own a second house, why not? You can make some money by getting tenants to live in the home. But that brings up an interesting insurance quandary – how do you insure a second home that you don’t live in, but that you rent out on an annual basis? It’s not like you’re insuring your primary residence because, well, you’re not living there. A tenant is. We’ll explain how to insure a second home that you’re renting out on an annual basis.
So, you’re moving and you’re trying to sell your house. In fact, you have a new place that you’ve already bought, and you’re going to pack up and move. But what about your current house? You’ll have to leave it vacant while you’re still trying to sell it. But…how does your home insurance work in this situation? You’re not living in the house and all of your stuff is going to be gone. Of course, that house is still valuable, and it’s still an investment. You still need it to be protected from loss. But will your home insurance still cover the house that you’ve moved out of? We’ll explain.
It might seem a little silly to worry about home insurance on Mars now, but we’re startlingly close to settling the Red Planet. Organizations like Space X are starting to make concrete plans on just how to make our space-colonizing dreams come true. While housing on Mars sounds amazing to some, it won’t exactly be cheap. So, rebuilding your home or space dome or celestial biome every time there’s a galactic disaster may make some space explorers second-guess relocating…if they don’t have the right coverage. But what is the proper insurance coverage for a home on Mars? Here are some of our ideas.
A lot of people who travel are looking for alternatives to hotels, which is how Airbnb took off into a thriving business. It might seem like a quick and easy way to make some money, especially if you’ve got a place in an ideal area where people are going to want to stay. However, that begs the question – how do you insure an Airbnb? Getting insurance for an Airbnb might seem complicated, but we’re going to go over the basics.
So, we’ve all heard the expression “batten the hatches.” (If not, that’s okay.) Basically, it means to tighten and seal all the doors and windows and hunker down because a storm’s coming and it’s a fierce one. Wind damage is a major threat to a house – Mother Nature doesn’t play around, especially when summer rolls in and those storms sweep on through. It’s important to protect your house from the “water” part of storm damage, but you can’t forget about wind. Here are nine tips to protect your home from wind damage.