Early this morning, several emergency vehicles drove down my street. They were responding to a fire that broke out in an apartment in a building near where I live. The fire could have been prevented. State Farm has some advice about how to prevent a house fire from happening. Fires are destructive. Homeowners insurance is designed to help people with the financial losses that can happen after their house catches on fire. It gives the policyholder some money to replace the items that they lost. Renters insurance functions in the same way. People who live in an apartment cannot rely … Continue reading →

If you are renting then it is a very good idea to purchase renters insurance. Your landlord’s insurance policies will not cover the replacement of your stuff if a fire occurs. This could leave you with absolutely nothing, and no financial assistance to replace it. Unfortunately, this sad situation happens all the time. Renters insurance coverage provides people with some financial protection in case something bad happens. For example, if a fire burns down your apartment building, it is your renters insurance policy that will help you to replace some of your damaged property. If someone breaks into your apartment, … Continue reading →

Are you living in one of the states that has recently experienced some strong storms? There is potential that the rain and moisture could have created mold in your home. Mold is not always covered by a homeowners insurance policy. Here are some tips about how to deal with mold and mildew. A typical homeowners policy may not cover damages that are due to mold damage. It is advisable to let your insurance company know as soon as you discover that your home has experienced any kind of water damage. Your insurer might be willing to cover the damages caused … Continue reading →

An apartment building went up in flames, and everything inside it got destroyed. Fortunately, no one died in this particular fire. Some of the tenants were new graduates, who lost all their possessions in the fire. This is exactly the type of situation that renters insurance is designed for. There are a lot of things to think about immediately after a person graduates from college. Typically, young adults who just earned their degree are saddled with a big student loan debt. It can be hard to come up with enough money to pay rent, and buy groceries, when a person … Continue reading →

A family in Bakersfield, California, rented a home. Within days after they moved in, the entire family was suffering from scabies. The home was infested with bugs. The family is intending to sue the landlord. I’m not sure renters insurance would have helped this situation. Moving is always a difficult experience. It brings up many emotions. People are often sad to be leaving their current residence, town, or state. Packing up items, that have been sitting in closets for years, can make people feel nostalgic. Moving is also physically exhausting. It takes effort to pack things up, to move the … Continue reading →

It has been raining, on and off, for the past couple of days. Last night, and for part of this morning, it was raining quite hard. I noticed that there was a puddle of water on the floor that had never been there before. Time to call my homeowners insurance company! Under my computer desk, there is a box. Or, I should say, there was a box. The box was once partially full of office supplies that I tend to go through rather quickly. The amount is too small to be considered a stock pile, but maybe a bit larger … Continue reading →

Typically, a homeowners insurance policy will not cover damages caused by flooding. If you want coverage for that type of situation, you have to buy a separate flood insurance policy. Green Tree Insurance has combined the two policies into one. This is great for homeowners! Green Tree Insurance sent a very interesting email to my husband today. We have a mortgage with this company, and it isn’t unusual for people to get email from places that they have a loan with. This email had some unexpected news that I thought was important enough to share. When you buy a house, … Continue reading →

A homeowners insurance policy is supposed to provide people with some financial protection in case something happens that causes damage to their home. It seems that it doesn’t cover all kinds of damages, though. For, example, it won’t cover damage done by bat guano. When you buy a homeowners insurance policy, it is a good idea to read it over. The exact wording of the policy could come back to cause you problems later on. Anything that seems to be ambiguously worded could be used as a way for an insurer to get out of paying for claims that one … Continue reading →

There are specific types of things that a homeowners insurance policy will cover. Problems arise when a person files a claim for damages that come from unlikely, or unusual, sources. A couple in Texas learned that their homeowners insurance won’t cover damages done by dead birds. A homeowners insurance policy is designed to give you some financial protection in case certain types of damages happen to your home, garage, driveway, or the contents of your home. It also can provide some financial assistance if someone comes to your home and gets injured. (That part would be covered if your policy … Continue reading →

An elderly couple who live in Oklahoma received a letter from their insurance company that stated that the insurer would be dropping their coverage. The husband has pancreatic cancer. However, it isn’t their health insurance company who is dropping them. We have all heard stories in the news about people who have health insurance, and then get sick with a serious illness. Often, what happens next is that their health insurance company finds a way to drop them, or to increase their premiums to the point where the person can no longer afford to pay them. Health insurers are no … Continue reading →