Everyone loves a good holiday party. Whether you’re inviting friends and neighbors, family, co-workers, or a mix of them all, the goal is for everybody to have a good time. This usually involves serving alcohol, especially eggnog, which is characteristic of the season. The problem here is that your guests’ alcohol consumption can open you […]
Expensive coastal properties are not only a way to add assets to your portfolio, but they provide your family with another gathering place when the weather is gorgeous, and you want to take advantage. However, there’s a darker side to these houses: the chances of them getting damaged in a windstorm go up a little […]
Water damage can be one of your worst nightmares. Mitigating it involves removing and repairing the source of the water, cleaning up the damage that the flood left behind, and dealing with mold remediation and other things. All of these can add up to a very expensive fix. Then there’s the dreaded question: Will your […]
Amenities are one of the many reasons why someone chooses to live in an apartment building, HOA, or condo unit. Not only do they like the overall layout of the home that they’re planning to rent or buy, but they also like the many perks that come with the property, like pools, gyms, game rooms, […]
Running a condo association involves taking care of basic maintenance in the common areas, ensuring that all tenants or owners adhere to the rules, and making sure that the association carries adequate insurance policies, just in case. Not having the required insurance policies or enough coverage can lead to a number of problems, particularly those […]
Insurance is one thing that HOAs, also known as Homeowners Associations, shouldn’t skimp on. You need to have the best possible protections in place in order to protect your HOA from liability lawsuits and more. The last thing that you want is to call in a claim due to storm or fire damage to the […]
Apartment communities have different insurance needs than detached homes that are situated in standard neighborhoods. Since an apartment building is owned by one company, also known as the landlord, and contains separate apartments occupied by tenants, several distinct types of insurance protections are necessary. On top of that, the owners of the apartment complex need […]
Older homes may look like gems, but those gorgeous exteriors can hide numerous issues, including lead pipes, asbestos tiles, and even knob and tube electrical systems. While these things may be grandfathered into the new housing regulations in your area, what happens when the house catches fire or is damaged by high winds and needs […]
A typical home insurance policy includes two important components: coverage for your property and belongings and liability coverage. The former is designed to replace or repair your home and your furniture, appliances, personal belongings, and more in case of a fire or other form of damage. The latter is a bit more complicated, as far […]
Buying insurance for your condo is quite different than getting a standard homeowner’s insurance policy. Why? Because condos are different than houses, of course. Yes, you’re purchasing insurance on a property that you own, but thanks to the way that condo units are set up, you’ll need a policy specific for protecting this type of […]
