Tips for Preventing Spring Flooding and Water Damage

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Spring is finally here! While this is so exciting, there are also some dangers that come with springtime. One of the major risks is spring flooding from rapid snowmelt. We also have to worry about the never-ending rain that seems to come with early spring. Here are some tips to follow to prevent damages from spring flooding to affecting your house.

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Can My Home Be Insured for Damages Caused by Wildlife?

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Massachusetts is home to many interesting animal species. Unfortunately, many of these creatures can cause big problems in and around your house. Animals like bears and beavers, specifically, can deal some serious damage to your property. Understand the measures you can take to prevent conflicts with wild animals, as well as how your insurance covers your home for the resulting damages.

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Budgeting For Your First Apartment

Budgeting For Your First ApartmentRenting your first apartment is an exciting milestone, and for some it initiates the start of adulthood.  With this new-found freedom comes financial responsibility; which can be an intimidating concept for first-timers. Nonetheless, with the proper guidance and budgeting tips, you’ll be packing up the U-Haul and heading to your new place in no time. Here are some tips on budgeting for your first apartment. [Read more…]

How Are Condo and Renter’s Insurance Different?

Whether you own a home, a condo, or rent either one, insurance is necessary to financially help protect you and your belongings in case of a disaster. However, choosing the right insurance for your needs can be a challenge, especially with all the options out there. If you don’t have the right policy, you may not be covered when you need it. So, in order to be properly covered by insurance, you must understand how condo and renter’s insurance are different. [Read more…]

Renting Your First Home? Consider Renter’s Insurance

Renting Your First Home? Consider Renter’s Insurance According to CNBC, more people are renting now than at any other point in the past 50 years. In 2016, 36.6% of household heads rent their home. The rise in renting instead of home ownership comes from an increase in home prices, not enough for a down payment, owning a home inhibits moving, and large student loan debt. If renting your first home is a better option for you, you still have personal property that needs to be protected from fires, burglaries, or even lawsuits. That’s why homeowners get homeowners insurance, and renters, like you, should consider renter’s insurance. [Read more…]

When Does Renters Insurance Pay?

Home rental key in keyhole.More people rent than any time before, and it’s been slowly creeping up. According to the U.S. Census, in 2014 we’re now at 37% of rented households, and in certain large cities and states this can over 50% (in California 53% are renters). A 2015 survey by the Insurance Information Institute found that while 95% of homeowners had Homeowners Insurance, only 40% of renters and Renters Insurance. One of the reasons is the uncertainly of what if covers and when it comes into play verses other parties’ insurances providing the payout. A recent story highlights what happened when renters didn’t have the insurance and answers the question “when does renters insurance pay?” [Read more…]