Fireworks cause $59 million of property damage a year. Your insurance policy may cover it

According to the National Fire Protection Association, fireworks caused $59 million in direct property damage in 2021.Property damage and liability claims are paid by homeowners and renters insurance. There are, however, exceptions to coverage. Exclusions in a policy, for example, may bar claims for unauthorized fireworks. Fireworks-related damage may or may not be covered by …

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What is renters insurance and what does it cover?

Renters insurance protects tenants’ personal items and more. Renters insurance is a form of insurance policy that protects tenants’ personal belongings as well as their personal liabilities. It’s normally inexpensive, and everyone who rents should think about getting one because your landlord’s property insurance doesn’t cover you. What exactly is renters insurance and how does …

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What is CFAR travel insurance? Here’s what you need to know

Anyone who has traveled knows that even the best-planned excursions can go wrong.Travel insurance may be a useful tool in specific instances, such as an injury, harsh weather, or natural catastrophes. However, it does not cover all potential scenario. Cancel for any reason, or cancel CFAR coverage. However, it is not always sufficient to pay …

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Here are 3 things you need to know before getting renters insurance

Renters insurance may be required if you rent your house. While your landlord’s insurance coverage covers the building itself, it does not cover your items or liability. A renters insurance coverage might help protect you from large unexpected bills. Fortunately, renters insurance is reasonably priced.Many tenants may get coverage for less than $20 per month. …

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What is travel insurance and is it worth it?

Spending money on travel insurance after you’ve booked your flights and secured your lodgings for that big trip is probably the last thing on your mind. However, the extra cost of getting an insurance might save you a lot of time in some instances, and depending on the specifics of your trip, it’s borderline fiscally …

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