When you buy a home, you buy homeowners insurance—usually. The exception? When the home you own isn’t for you to occupy.
Rental property, whether a single-family home or one split into multiple units, is a whole different ballgame in terms of insurance. Although one or more parties call the place home, homeowners insurance typically does not provide appropriate coverage for a residence that primarily generates rent. That’s why someone (surely some brilliant forbear… Continue reading →
Across the nation, it’s happening every day. Executives and editors channeling their inner electrician. Stockbrokers and sous chefs playing professional plumber. Teachers, office managers, personal trainers and innumerable others embarking on a serious building endeavor.
And, in many cases, insurance agents cringing for them.
Yes, it’s a DIY world out there, thanks largely to social media, marketing campaigns and wildly popular television shows—indeed, enough to warrant an entire new network—devoted to… Continue reading →
On Thanksgiving Day, millions of Americans fall into one of two categories: the travelers and the hosts. As to which represents the smaller piece of the furcula (better known as the wishbone; #TurkeyTrivia), that depends heavily on whom you ask. Some would rather spend hours crawling a highway than days cleaning to in-law standards, while others wouldn’t trade their homey kitchen traditions for all the pumpkin pies on Earth. In… Continue reading →
An ounce of prevention may prevent a pound of headaches
As the weather turns cooler––and in New England, downright cold––we spend more time in our homes, and the risk for some types of potentially catastrophic home damage increases.
The two most common type of seasonal loss reported by homeowners in the fall and winter months are water and fire damage.
Unfortunately, water damage caused by frozen and burst pipes can be all too common in our region. Here… Continue reading →