6 Renter-Friendly DIY Projects to Spruce Up Your Space

Two women working together to hang art on the walls of their rental unit.For many people, there are several perks to renting a place to live, from flexibility in moving to the lack of maintenance responsibilities. One downside to renting? Not being able to personalize the space with certain design choices due to the terms of the rental agreement. But there are ways around this. We’re sharing six renter-friendly DIY (do it yourself!) projects and renovations that can spruce up your home without violating your lease or upsetting your landlord.   [Read more…]

Can a Landlord Require Renters Insurance?

Landlord Holds Keys to Rental PropertyWhile approximately 95% of homeowners in the U.S. have homeowners insurance, only about 57% of renters have renters insurance. Unlike car insurance, here in Massachusetts, renters insurance is not required by law. And although the benefits of having renters insurance are various, with policies starting at very low premiums, many still choose to go without in order to save a few dollars a month. But wait—not so fast. Even if it’s not a government mandate, landlords often ask that their tenants do make the investment. This begs the question: Can landlords be the ones to require renters insurance?  [Read more…]

Who’s Responsible for Rental Repairs—the Landlord or Tenant?

Plumber Fixing Pipes Under SinkIf you’re renting a place to live rather than buying the home, you may be enjoying the benefit of not having to perform the maintenance and repairs since it’s not your property. Sure, if a lightbulb’s burnt out or the smoke detector needs new batteries, you can and will handle it. But when it comes to larger projects and more serious issues, who’s physically and financially responsible for the rental repairs—you or your landlord? Well, it depends on the issue and who or what caused it. Let’s take a closer look at key distinctions.

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What Information Does an Insurance Declaration Page Provide?

A homeowners insurance agent reviewing the insurance declaration page with their client at a table.Insurance policies are comprehensive and extensively detailed, so reading and understanding them can be confusing. Yet, there’s a lot of important knowledge that can be garnered from reviewing your policy. The best and simplest way to gain a thorough understanding of your insurance coverage is to read the policy’s insurance declaration page. This vital information grants you a summary of your policy so you can get the details you need at a glance. Let’s discuss what information an insurance declaration page provides. [Read more…]

What Does It Mean to Bundle Your Insurance Policies?

The inside of a tiled garage with a white minivan and black ATV parked inside, meant to represent the benefits of bundling your insurance policies.Insurance is a necessary expense for most households, but it doesn’t have to be an investment that breaks the bank. You want to be sure you’re getting the best coverage for your possessions while also utilizing possible discounts. If you’re the owner of both a home and a vehicle, there’s likely an opportunity to secure savings by bundling your policies. Beyond savings, you can also take advantage of the other benefits bundling has to offer. Let’s discuss what it means to bundle your insurance policies and all the perks that come with doing so. [Read more…]

3 Things to Know Before Cosigning a Rental Lease

Two men reviewing a rental lease on a table with a lawyer on the other side. One of these men is presumed to be a cosigner.The pandemic has placed many in a steep financial hole, and it’s been difficult to make ends meet. As such, for those seeking a new apartment, a landlord may ask for a designated cosigner before they consider renting out their space to a prospective tenant. While no one truly wants a cosigner on their lease, sometimes that’s the only option. Though for a cosigner, there is a lot at stake, and it’s important to be well informed before committing to cosigning a rental lease. [Read more…]