Home and Homeowners
You have a homeowner’s insurance policy to cover losses in case of a disaster, but do you know what kinds of damages it covers?
Home-share sites like Airbnb, VRBO, and HomeAway have made it easy for homeowners to turn their spare rooms into alternative streams of income, but running a vacation rental out of your property comes with a few complications.
Your homeowners policy provides coverage against a litany of dangers, from wind, to vandalism, to riots and back again--but did you know that standard policies have exclusions for earthquake related damage? This might not mean much to homeowners in the geologically stable areas, but these exclusions present a cause for concern among those living along the earthquake prone west coast.
Many people do not purchase an insurance policy that covers their personal possessions until they buy a home of their own—but renters still have assets to protect. Renters insurance is there to help if your possessions are damaged or stolen, includes personal liability coverage, and can even provide funds for alternative accommodations in the event that you need to relocate while your unit undergoes repair.