I just got off the phone with my buddy, Schultz, who had one of the more frightening apartment situations I’ve heard about in awhile. Apparently his roomy, Cooper, left the apartment to go out of town for a few days. In the process of scurrying out the door, he somehow forgot to turn off a burner on the stove.
Many people confuse Medicare and Medicaid. They do have similar names, but are very different programs. Some people are on both Medicare and Medicaid, but they are on them for different reasons. Medicare is for seniors and disabled people. Medicaid is for people with low assets and incomes.
After all, in most instances you have to fill out the same exact form again and again at each individual insurance company website. This can take hours. However, you can usually get the same exact information in 2-3 minutes with a decent broker. Therefore, it might be worth it to you to pay the small fee they charge, if you want to save time.
In March of 2006, my eBook How To Prosper In the Changing Real Estate Marketplace. Protect Yourself From The Bubble Now! stated that in short order the real estate market would slow down dramatically and become a real drag on the economy. We are experiencing this slowdown currently and the economy I feel is not far from slowing down as well. History has repeatedly shown that a slow down in the real estate market and construction market has almost always led to an economic recession throughout America’s history.
Normally, your Visit LIsted Property Insure covers your liability. Lenders don’t care about your liability exposure. They don’t care if a delivery man falls on your property and sues you for six figures. Forced-placed coverage only covers the outstanding loan balance on your mortgage. There is no liability coverage.
We all consider our homes to be our private refuge. When we come home from a hard day’s work, we can always put our feet up and relax knowing that we are safe and sheltered; this is why many of us choose not have home insurance. But with burglary and home invasion on the rise, you should think carefully about how secure your home is.
When I worked for that insurance company, I regularly talked to people who said that the first time they were aware of the forced placed policy is when they filed a claim. Their old insurance company sent the premium notice to the lender, who missed the premium due date, and the policy cancelled. The lender then forced-placed a policy on the property.
The first type of insurance you should have is liability insurance. While it is true that you will not be liable for everything that happens in the club since you cannot be responsible for people’s actions when they have had too much to drink, there are plenty of things that you will be liable for. If someone is injured or even killed in the club, the odds are high that the person or their family will try to blame you for it. You need liability insurance just in case it is ruled that the incident was your fault.
Take pictures. Immediately take as many pictures as you can, of both the tree and the damage. Tell your neighbor that you’ll give him copies of every picture you take, and come through on your word; try to get as many angles as possible. Use the highest quality camera that you have available. Your phone-camera may not be good enough for the insurance companies, so if necessary buy a cheap digital camera or ask if your neighbor has a camera.
Remember that floods are one of the most destructive forms of natural disasters. It can decimate entire cities and destroy large areas of land. That is why it is important to know how to react in these situations and in order to be efficient, you need to know all things you need to know during a flood.