Hobby farm insurance offers solutions for operations of all size

Hobby Farm Insurance - Chickens and Rooster

It’s important to make sure a policy provides the right amount of coverage for each component. Hobby farm insurance is a unique type of coverage because many types of growers policy are designed for much larger operations. That said, the right coverage does exist, and it’s important to make sure your policy is a solid fit. Hobby farming is far from the large industrial operation that are commonplace across the country. The type of hobby farm insurance you require depends on what you’re doing, how you’re doing it and where…

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Home sharing participants need short term rental insurance coverage

Short Term Rental Insurance - Airbnb

Airbnb, VBRO and HomeAway members need special coverage for brief or seasonal rentals. Home sharing has become a popular way to earn extra income from a property, but all too many of those owners fail to obtain short term rental insurance. Regardless of whether a condo, seasonal property or home is rented in its entirety or just a portion, these guests are not typically covered by standard homeowners insurance. That said, this doesn’t mean that there isn’t any coverage at all for these helpful income sources. There are many home…

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Hurricane Dorian gives Americans a wake-up call they should not ignore, says Allstate

Hurricane Dorian - Storm heading toward Florida

The insurer’s data shows that almost 60 percent of U.S. residents aren’t prepared for a natural disaster. Well over half of all Americans would have been completely unprepared for an event like Hurricane Dorian, said a recent report released by Allstate Insurance. Nearly 60 percent of Americans are assuming that natural disasters won’t affect them. Allstate Insurance used Hurricane Dorian as an example of the type of natural disaster that can threaten Americans. Its report showed that while 70 percent of Americans say that they are concerned over catastrophic events…

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California fire insurance companies decline almost 350,000 policy renewals

California fire insurance companies - Firefighters fighting wildfire

Insurers are taking big steps back from the industry in the state’s highest risk areas. New data from the state shows that California fire insurance companies have declined the renewal of almost 350,000 home policies since 2015. This was most common in areas with the highest wildfire risk. The data showed that insurers are trying to reduce their risk exposure as wildfires become more costly. The newly released data did indicate that California fire insurance companies have dropped hundreds of thousands of customers. However, it did not point out how…

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Solar panel insurance keeps your green energy investment covered

Solar Panel Insurance - solar panels on house roof

Many homeowners don’t realize that they need to add coverage to their eco-friendly additions. Across the country, homeowners and businesses alike are making efforts to shrink their carbon footprint but many forget to add solar panel insurance to cover their substantial investments. Getting coverage for your green energy additions is typically quite easy to do. The average rooftop solar panel system will usually cost somewhere between $15,000 and $25,000, according to data from the Center for Sustainable Energy. This represents a considerable investment and will raise the replacement cost of…

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Landscape insurance covers homeowners with valuable gardens and trees

Landscape insurance - Home and Garden

Some homeowners have adequate coverage with their standard policies but others need more. Summer is here and with it are the season’s severe storms and other potential risks that make homeowners look into landscape insurance. Summer comes with a full range of highly destructive perils that can harm expensive landscaping. Summer storms can be far more severe than spring rains. Hot temperatures can bring wild winds, downpours of rain, lightning strikes and damaging hail. If you have a good homeowners insurance policy, you’ll have the coverage you need to cover…

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Jewelry insurance appeals to diamonds and heirlooms

Jewelry Insurance - Jewelry - Necklaces - Silver - Gold - Pearls

Expensive rings, necklaces, earrings, watches, bracelets and other items need separate coverage. Engagement rings, great-grandmother’s necklace and other expensive items can benefit from jewelry insurance coverage. Their coverage under homeowners or renters policies is very limited. Often, there is inadequate protection offered for the full value of a high-value piece. Renters and homeowners policies offer protection but only up to a certain limit for all pieces. Homeowners and renters insurance policies will usually limit jewelry coverage at around $1,000 to $5,000. However when it comes to more expensive pieces, this…

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