Man Targets Former Apartment, Burns 150 Homes

Man Targets Former Apartment, Burns 150 Homes

Man Targets Former Apartment, Burns 150 Homes

Normally when you have a dispute with a landlord or a former landlord, you handle it in an appropriate fashion.  Generally, adults talk their disputes out and resolve them, one way or another, without reverting to malicious action.  Such was not the case recently in Weed, CA, near Sacramento. [Read more...]

Annapolis Apartment Fire Ruins Lives

Annapolis  Apartment Fire Ruins Lives

Annapolis Apartment Fire Ruins Lives

A fire in Eastport, an Annapolis neighborhood, has displaces at least ten people. Kitchen fires sound so innocent and harmless to most people, and often they are, but they also can spin out of control easily.  Annapolis renters insurance can protect you from losses that are beyond your control.

These residents were displaced because one person looked away from the stove for just a moment.

Three people had to be rescued from a third-story apartment, one of whom was transported for smoke inhalation.  The fire is believed to be accidental.  “Accidental” really means “negligent” in most case.  Preliminary estimates of damage are $75,000 for the building alone.

That doesn’t include ruined contents or loss of use for the residents who are now forced to find other places to stay until they can find new apartments.  Perhaps the worst part is that when the property owner gets a judgment against the resident who negligently started the fire, that judgment will follow the resident for life.

Annapolis Renters Insurance Protections

It’s highly unlikely that the resident will be able to pay the $25,000 deductible on the building’s commercial insurance policy.  It’s also highly unlikely that the insurance company won’t look to the resident to pay back what they’ve paid to the property owner.

When that happens, the resident will be making payments on that likely for the rest of his life.  There is one way that the resident could be indemnified from making those payments.  If there had been an Annapolis renters insurance policy in force, liability coverage would have applied.  The check would likely already be on their way to the property owner.  The process really is that simple.

It all comes down to personal choice: Do you want a crushing payment on a judgment to follow you forever, or do you want to pay fifteen dollars or so a month for the protection you need?  This could have happened to anyone, and anyone that live in Annapolis should have Maryland renters insurance.

Is Renters Insurance Drone Surveillance Coming?

Is Renters Insurance Drone Surveillance Coming?

Is Renters Insurance Drone Surveillance Coming?

USAA has made a formal request of the Federal Aviation Administration seeking approval for the use of unmanned drones.  Yes, the kind of drones the military and intelligence organizations use.

What does an insurance company want with high-tech surveillance?  Should you be concerned for your privacy as a result?  This may come down to a question of in whose hands control of the technology rests, and what limitations are placed on its use.

[Read more...]