Tag: renters insurance

Determining How Much Renters Insurance You Need

I’ve had an ongoing conversation with a prospective client on renter’s insurance. She’d been referred to me by a mutual friend who shared I could help her with getting a renter’s policy after moving out of a home she’d lived in for many years. The landlord does not require she have renter’s insurance, however, since she had moved out of a home our friend felt she needed the policy to protect what she owns.

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Property Insurance for College Students

My niece and fabulous intern, Lizzie, graduated from a Dallas area high school in June and will be heading for Fayetteville to attend the University of Arkansas in three weeks. I felt this would be a good time to re-visit property insurance for college students.

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An Overview of Texas Condo Insurance

I wrote a condo insurance policy last week for a new client. He’d started out with an offer for a single family home in the Dallas area which fell apart after the home didn’t appraise for the amount he offered. As he thought through what he desired in his next home, he decided to look at condos in the area. It turns out, he found the perfect home, but since it was the first condo he’s ever purchased, he had a lot of questions about condo insurance.

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How Are Independent Insurance Agents Different?

I been working with several young couples on their home and car insurance. They have several things in common with each other; they are buying their first home and I’m the first independent insurance agent they’ve ever worked with. In each case, the individual or couple have asked me one of two questions as we completed the applications for their policies; do they pay me for the service I’ve provided or will I be their agent after the policies are written?

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Why You Need Renters Insurance

Why does anyone who rent’s an apartment condo, or single family home need renters insurance? Aside from many apartment complexes or landlords requiring it, renters insurance protects the renter from financial loss when something happens such as a fire, water leak, or theft.

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Property Insurance for College Students

Students begin heading for college this week and classes will start in the next week or two. Along with the clothing, furniture, decorative items, and supplies they’ll be taking, there will also be smart phones, tablets, laptops, mini fridges, microwaves, coffee pots, game consoles, and a host of items to outfit the new dorm room or apartment.

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Rental Property Insurance Coverage

Last week we introduced the three types of rental property insurance policies; fire, Dwelling Policy Form 1, and Dwelling Policy Form 3 (see http://50.87.248.161/~wiseinsu/3-types-rental-property-insurance-policies/). I’d like to build on that in this week’s post with a look at the coverage that should be on a Form 3 Dwelling Policy in order to provide the best coverage for the property owner.

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Home Insurance for a Duplex

I received a call from a mortgage loan officer in Dallas a few weeks ago. She was working with a couple who was buying a duplex but had not yet obtained insurance. The loan officer wondered if we could help the couple as the purchase was scheduled to close in a couple of days.

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Insurance Implications if You Uber, Airbnb, etc.

Yahoo posted an interesting article on June 2nd listing 25 Ways to Make Money Renting Your Home, Car, Kitchen and More to Total Strangers. I am always fascinated to see how people make money. In this digital age, it’s possible for anyone to participate in the sharing economy and make a little extra money too. The one thing that’s missing from this article and other blog posts I’ve seen are the insurance implications for the owner of the home or vehicle, and there are some.

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Credit Card Fraud and Identity Theft Protection

Credit card fraud and identity theft have been in the news a lot over the last 6 weeks. It all started with the news that Target’s card processing systems were hacked resulting in the unlawful theft of 40 million customers’ account numbers and PINs. This data was sold on various black markets resulting in fraudulent purchases being made with fake credit and debit cards.

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