In this article, insurance experts, including Travelers Personal Insurance Vice President Elaine Baisden, recommend reviewing your policies annually and whenever you experience a life event, such as attending college, making a major purchase like a car or new home, getting married, having a child, changing jobs, renovating a home, or caring for an elderly parent. Download this article
Damage to your own or neighbors home resulting from a fallen tree most likely will be covered by homeowners (HO) policy. If this is your tree that has damaged your neighbors house or property, your should have personal liability coverage within your HO policy. Claims coming from fallen trees that as a result of fire, wind, lighting, hail are usually covered by an HO policy. The landscaping itself may be covered under Coverage C on your HO policy or under Tenants Betterments and Improvements coverage on your Business Personal Property coverage. There are certain exclusion to each insurance policy. Bad… Read More »Does Home Insurance Cover Fallen Trees?
The provision of your homeowners policy that covers business pursuits is applicable only when your main office is away from your home and you take work home. For example, a notary public working from a professional office, also can meet with clients at his home office (on weekends, or after hours). Other than that, your homeowners policy won’t cover business related claims. It may in some instances provide coverage for “sleep and fall” accidents and business personal property, but frankly, you must have a stand alone business insurance. Insurance coverage for your business will depend on your operations and other specifics. If… Read More »What Insurance Do I Need For A Home Business?