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What Is Renters Insurance and Why Do You Need It?

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Renting a home or apartment offers flexibility, convenience, and fewer maintenance responsibilities. But it does not remove the financial risks that come with everyday...

Your Renters Insurance Doesn’t Cover Your Roommate. This Is What That...

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Kelsey and her roommate split an $18/month renters insurance premium and assumed both were covered. When the roommate's guest slipped in the apartment, the insurer denied the roommate's liability claim. She paid $4,700 out of pocket.

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A $2 Million Life Insurance Transfer Was Supposed to Dodge Estate Tax. He Died...

Moving a policy you already own into a trust doesn't remove it from your estate right away, and dying too soon can undo the entire plan.
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Her Insurer Paid $41,000 for the Roof. The Check Still Needed Her Mortgage Company’s...

Insurers don't hand a dwelling-damage check straight to the homeowner. Your mortgage servicer's name goes on it too, and its draw schedule decides when your contractor actually gets paid.
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The Worker Fell Nine Feet and Was Partly at Fault. Under New York Law,...

A worker's own carelessness doesn't reduce a Scaffold Law verdict in New York, only a complete absence of fault does, under Labor Law ยง240(1).
How a $50,000 Surety Bond Claim Becomes the Contractor's $58,140 Personal Debt

How a $50,000 Surety Bond Claim Becomes the Contractor’s $58,140 Personal Debt

David Park finished a $480,000 renovation expecting a $52,000 final draw. His surety company sent him a $58,140 demand letter instead, for a bond claim he never personally agreed to pay.
Renters Insurance Pet Liability: Why Dog Breed Exclusions Can Leave You Personally on the Hook

Anjali Sharma’s German Shepherd Nipped a Delivery Driver. Her Renters Policy’s Breed Exclusion Left...

Anjali Sharma's German shepherd nipped a delivery driver in her apartment hallway. The $18,400 medical bill and lawsuit were denied under her renters policy's breed exclusion. She owes the difference personally.

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