There are many reasons you might want to rent out your home on either a short- or long-term basis. Depending on the rental scenario, your standard homeowners policy may not cover losses incurred while your home is rented out. So, whether you own a second home that you lease to tenants or want to rent out a spare bedroom in your house periodically though Airbnb, the first step should be to give us a call.
Read MoreWhen you’re living in a rental property, many incidents can occur, including burglaries, injuries, fires, and severe storms. To protect yourself and your belongings from these types of incidents, you should purchase renters insurance because it benefits not only you, your property, and your landlord.
Read MorePersonal property coverage — also known as contents coverage on a home policy — helps cover the cost of your personal items if they are destroyed, damaged, or stolen due to a covered loss or peril. Personal property includes things like furniture, clothing, electronics, and kitchenware.
Read MoreIf you’re thinking of buying a home, the current housing market is less than desirable for potential homeowners. Housing inventory is low, home interest rates are rising, and buyer competition is as intense as ever. All of these factors beg the question: Should I rent or buy a house?
Read MoreDeductibles have been an essential part of the insurance contract for many years. Understanding the role deductibles play when insuring a vehicle or home is integral to getting the most out of your insurance policy. Know how your deductibles work to prevent surprise costs—and save money.
Like any residence, your vacation home needs to be insured—but because the risks are different, the coverage might cost more than your primary homeowners policy. Before you leap into second-home ownership, consider the factors that will likely affect the price you’ll need to pay for insuring it.
Read MoreNo matter what you use your rental property for, you need the right coverage to keep you and your property protected from the unexpected. Depending on your situation, you may need to get either a homeowners or landlord insurance policy.
Read MoreShopping for your dream house? There are many considerations when looking at real estate, like property taxes, school district, the appeal of the neighborhood—and, of course, the bottom line. Don't overlook the financial implications of homeowners insurance as part of your overall investment. Use this guide to help think through all the costs associated with buying a home.
Read MoreForemost Insurance agents have been focused on providing superior coverage for customers like you for more than 65 years, and we put the choice in your hands! Foremost gives you the flexibility to tailor your policy and create the level of coverage you want — pick what matters most to you and leave the rest.
Read MoreRenting your home to others is becoming more popular and with Airbnb going public there seems to be more awareness of the income potential. The problem is that many people don’t realize that a standard home insurance policy has limitations for any business activity. And, renting your home to others is considered a business activity.
Read MoreSaving money feels good. And shopping around when you’re looking for insurance coverage is a great way to do it. However, simply reducing your coverage or dropping important coverages altogether is like diet without exercise—focused only on numbers, not on results. Don’t risk ending up dangerously underinsured and on the hook for much bigger bills in the event of a disaster.
Read MoreA crackling blaze brightens any dreary winter day. But if a fireplace or a wood-burning stove is not cared for properly, it can expel excessive smoke containing toxins such as combustible tar and carbon monoxide, as well as carcinogens like formaldehyde.
Read MoreStatistics show that the risk of dying in a residential fire is greater as people age because of physical and cognitive limitations, says the U.S. Fire Administration, part of the Federal Emergency Management Agency.
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