Do seniors need renter’s insurance?

If you have a grandparent that lives in a rented house or apartment, pay them a visit and ensure they have insurance protection. Not only will it be a wonderful gesture for a dear one, but you’ll also be at peace knowing they are safe.

Many seniors are retired and live on fixed incomes. If an accident or incident were to happen, it could be extremely difficult for them to get back on their feet. Even though they might say they don’t have much, it is known that older adults have valuable jewelry and family heirlooms they’ve collected throughout the years. It doesn’t matter that these items have a greater sentimental value than a financial one, it is still worth it to protect them with a basic policy.

If your parent or grandparent decided to sell or rent their home and move to an assisted living center, make them aware that they’re losing an important insurance protection – the personal liability insurance (the policy that protects the holders from financial losses when someone is hurt on their property or has personal property damaged). Most people have personal liability insurance through their renter’s or homeowner’s insurance policies, but it disappears when someone moves into an assisted living center.

The assisted living center has or should have its own liability insurance, it usually only cover the common areas. This means that if a visitor falls and gets injured in a resident’s room or apartment the resident could be forced to pay for medical expenses.

Let’s not forget about the pet bites protection that falls under personal liability coverage as well. Many assisted living centers allow and in fact encourage residents to keep small pets. Without liability insurance, they can be responsible for any medical expenses if a dog bites a visitor or if a cat scratches an employee.

How to create the perfect pet resume

Although a growing number of apartment communities are becoming pet-friendly, pet owners are still faced with an uphill battle when it comes to finding rental housing. An emerging trend of the past few years that aids pet owners in landing their dream rentals is the pet resume. You can find below all the essential points you should include in your pet’s resume.

  • Start off with a cute photo of your pet. A dog playing outside, especially with a child, will inadvertently send the message that your pet gets plenty of outdoor exercise and is great with kids.
  • Describe your pet, including what type of animal it is, breed, age, size. If he’s a mellow, laid-back pet, include it here. It can also prove very advantageous to include how long you’ve had your pet. A long-time ownership will make property managers more inclined to trust your knowledge and control over him.
  • Provide training info, such as whether or not he’s house-broken, leash-trained, obeys voice commands etc. Be sure to include any behavioral or obedience training he attended and include certificates of graduation.  If your dog has not attended obedience training, it might be smart to sign him up for classes at a local kennel club, SPCA chapter, animal rescue society or pet store.
  • Health and grooming. Be sure to mention if your pet is spayed/neutered and how this positively affects his or her behavior and overall health. Mention that your pets are up to date on their shots and provide your vet’s contact info.  Describe how you keep your pet clean and flea-free. Mention professional groomers you visit and the frequency of the sessions. It could be helpful to explain the grooming schedule. For example, a pug or shorthair Chihuahua won’t need to be shorn, whereas a poodle needs frequent professional grooming.
  • Activities. Describe how you provide the adequate amount of exercise for your pet, such as frequency of walks, visits to off leash parks, etc. This is also the place to disclose if you have a high-energy dog, such as a border collie, since you can offset that information by showing you provide plenty of activities to avoid your dog from running around and barking all day in your apartment. This is also the place to mention if you employ a dog walker and how often they will be visiting.
  • You will score major bonus points if you provide details of how your pets will be attended to when you are traveling or work very long hours regularly.
  • Mention how you always clean up after your pets and dispose pet waste in the safest way possible.
  • Include an About Us section at the end in which you detail why you or you and your roommates/significant other are good pet owners.  Mention if you are part of any animal protection organizations – this will elevate a landlord’s opinion on your capabilities to properly care for an animal. This is also the place to detail why your pet is so important to you, why you know your pet will be a good tenant and what your pet care history is (e.g. having grown up with pets around, having volunteered at a shelter, etc.). Be sure to include that you are happy to introduce your pet to any potential future landlords.
  • Mention that your renter’s insurance has pet liability coverage, such as Resident Shield’s dog bite provision. In fact, it might be smartest to opt for a pet insurance add-on , such as Resident Shield’s Pet Damage Coverage, that offers you $500 in liability in the event of Pet Damage to the apartment.
  • Include references. Attach your current landlord’s contact info and a letter of recommendation for your pet. Letters of recommendation from your groomer, dog trainer, neighbors, vet as well as a health certificate from your vet, will make both of you that more trustworthy and responsible. Don’t forget to include current phone numbers, so your potential new landlord can check your references easily.

4 storage ideas to keep your valuables out of sight

If you just moved into your first apartment and chose a hip, downtown location with limited square-footage, you probably know the struggle of having more stuff than fits your tiny new apartment.

While stacking cardboard boxes atop your closet or sliding them under your bed might (sort of) do the trick, there’s prettier, niftier and classier ways to organize the overflow of stuff: hidden storage. We can’t tell you how to build a Batcave in your 600-square-foot apartment to hide your valuables from prying eyes and sticky fingers, but we have gathered up a few neat hidden storage ideas for you:

-The bathroom can be made tidier by neatly tucking away all those beauty products that line your bath tub and sink. Create a sleek, oversized medicine cabinet: install a frame, add some narrow shelves and hinge your mirror. You can do this whether you have a small over-the-sink mirror or a full-length one.

-If your bathroom also doubles as a laundry room, you can easily create extra storage by lifting your washer/dryer off the floor with a simple frame and adding a few laundry baskets or some pretty, waterproof storage containers underneath. Use these to store laundry, detergent and other cleaning supplies

-While hiding important documents or rare jewelry in faux books is a murder mystery cliché, a new twist on the idea can actually prove very practical in saving space and hiding valuables. Pick up some old books from your local thrift store, remove the pages, glue the spines and two covers together so it looks like you have a tight stack of books. Use this to hide your perfume collection from your roommate’s nosy friend or, if you use old cookbooks, you can actually conceal some smaller kitchen appliances, like a toaster or blender.

-We all know how easily earrings, necklaces and all other jewelry get tangled up. An easy way to avoid that is by hanging them on a corkboard. However, you might not want to keep grandma’s heirloom pearl earrings or the necklace mom got you for graduation in sight of any who pass through your home, especially if you entertain often. An easy hack for this is to simply attach a picture the size of your corkboard with a few hinges to makeyour own personal safe. Of course, this or any other hidden storage area idea shouldn’t be your only line of defense against would-be burglars. If the worst does happen, and you are burglarized, having renter’s insurance will help cover the cost of your valuables.

Image courtesy of Mariana Esquivel Ortube via Pinterest

 

Six tips for a low-cost winter

There’s one part of winter that even the biggest fans of frost and mittens hate, and that’s the foot-long heating and electricity bills that arrive in your (e)mail. Just think about all the cozy sweaters you could get with the hundreds of dollars you shell out on keeping warm. We’re craving some fluffy knitwear too, so we came up with a few tips to save on bills this winter.

  1. Have a specialist check your heating system or submit a request to your property’s management for it.  For your heating system to properly and efficiently work, the air filters need to be clean. In fact, it’s recommended to replace filters once a month to ensure maximum efficiency. But that’s not all. Contrary to what many believe, you need to keep all vents open for your system to efficiently heat your apartment. Closed vents won’t save on energy – they’ll probably hike up your bill and even contribute to your heating system breaking, since they force it to work overtime.
  2. Install a programmable thermostat. There’s loads of gadget you can get, with some even allowing you to control the temperature with your smartphone. Whether you go super-high-tech or with a basic one, a programmable thermostat will save you heaps of money. Don’t forget to add the gadget to your renter insurance plan and keep the receipt, just in case.
  3. Think of it as vintage eco-friendliness and just add some extra blankets to your bed, instead of turning your thermostat way up high. Trust us, you can sleep as comfortable in long-sleeved PJs and two or three blankets and down comforters as in your favorite college T-shirt and just one blanket.
  4. What better way to keep you home warm, than stopping the cold from getting in? Draft can be a real money pit, especially if you live in older window. The quickest way to fix it is to get some draft stoppers for your doors and windows. If you’re crafty you can even make them at home using some stylish fabric and old clothes as filling. #upcyle
  5. With all those hours of darkness, lighting pushes your bills further up. There’s a bevy of ways to minimize its impact on your budget. First off, turn the lights off when you leave the room. Second, switch classic light bulbs with energy-efficient ones. CFLs are a good option, LEDs are even better.  If you really want to go green, get some solar lights that you can leave to charge in your window during the day and use as ambient light during the evenings.
  6. Hang thick drapes. Keep them snugly closed at night to keep the cold out. Throw them open during the day to let sunlight in. You can also turn your bed into a canopy, with some drapes. They will help insulate your bed and immediate sleeping area, allowing you to further inch down your thermostat during nights. As an added bonus, canopy beds are utterly stylish.

Determine your insurance needs for 2015

At the beginning of each year, the natural tendency is to review, modify, and renew habits, behaviors, and needs. Throughout the course of a year many things can change, so an insurance review is also recommended. Here are some aspects you can consider that will help you figure out if you need to talk to your insurance professional about making a change to your coverage.

  1. Marriage or divorce. Marriage can bring with it a discount on your auto insurance as couples can bring two cars in the relationship from two different auto insurance companies. Take the opportunity and review your existing coverage and chose the company which offers the best combination of price and service.
  2. New baby. Birth or adoption, it is important to review your life insurance and disability income protection. A new family member will increase expenses and your life insurance. Keep in mind that if you plan to save for your child’s education, life insurance can aid that plan. Moreover, don’t forget to update the beneficiary designations to include the new member.
  3. First time driver’s license for a family member. Rather than purchasing a separate auto insurance policy for your teenager, add it to your insurance policy as it is generally cheaper. The type of the car a young person is driving has a major impact on the price of the insurance. Furthermore, most companies give discounts for getting good grades in school and for taking certified driving courses.
  4. Significant change in your income. If your income has increased, (good for you) your financial commitments might have as well. Make sure you review the life and disability insurance to confirm that is adequate to maintain them. If your income has decreased, one way to deal with expenses is to cut your life insurance premiums. If you have more than one policy, you might be able to replace both with a single policy at a lower rate having reached a ‘milestone’ amount of insurance. However, do not drop your existing life insurance before you have a new one in place.
  5. New lease. Living in a rental means that your landlord is usually responsible for insuring the structure of the building, but your possessions fall under your responsibility. More precisely you need renter’s insurance if you wish to be covered against losses from theft and catastrophes such as fire, lightning, or windstorm damages. Aside from these, renter’s insurance includes liability and this covers your responsibility to other people injured at your home and takes care of legal defense costs, should you be taken to court.

 

Guidelines for renter’s insurance research

The biggest mistake people make when it comes to renter’s insurance is not getting one. But that is not the only error they make related to it. Besides the cost, there are a few important aspects which should be researched before making the purchase.

Coverage – Items

You should know precisely which of your items are covered by the policy you purchase. Most of them cover the majority of your belongings – clothes, furniture, electronics, and artwork – with restrictions for jewelry, fur coats, and silverware; for these you can buy additional coverage.

Computer equipment is normally also included. Still, if you have a home office and work primarily from there, it may not be included. In this case, you need additional coverage for the business equipment you own.

Coverage – Perils

The typical perils covered are theft, fire, smoke, explosions and water damage from bursting pipes and overflows. However, is your dog knocks over your laptop and breaks it, it will be on your expense.

Coverage for storms is one of the grey areas – damage from wind is covered, but water oozing through the roof is not. If you don’t have a roof to worry about, meaning that you live in a ground floor or below-grade apartment, you won’t be covered in case of floods or excessive rain. The solution for such cases is to create a pathway for the water, to make sure the drains are kept clear, and that pumps are functional. A plus would be the flood insurance.

Coverage – pets 

In case your dog bites someone inside or outside of your apartment, the liability portion of your insurance normally covers this, unless your pup is one of the “aggressive” breeds. Click here for more information.

Injuries on your property

Renter’s insurance is reliable in the case when your bathtub or sink overflow and ruin your neighbor’s new floors and walls. Moreover, the liability component covers you for injuries that happen inside your apartment, such as when your babysitter trips over a toy and breaks her leg.

Roommates

Renter’s insurance will cover your spouse and immediate family members who live with you, but with roommates, things are different. Typically only two roommates can be named on a policy but not without risks: checks for damage are made for both, regardless if it’s your laptop that was destroyed and your roommate has moved out long ago. Click here for more information on a shared renter’s insurance.

Outside the apartment

Typically, renter’s insurance covers off-premises damage caused by fire, damage from burst pipes, and vandalism. Additionally, if your personal property is stolen outside your apartment, it may also be covered. It includes the bicycle you took with you to the grocery store and didn’t find it when you were done shopping and the laptop you had with you on vacation that went missing from your hotel room while visiting museums.

Simple home security tips

Follow some simple tips for home security to ensure your time away won’t turn into a break-in of theft. There are many ways to take off attention of your home when you’re away and to keep it secure when you’re at home, including simple tricks like utilizing shrubbery as a barrier or installing motion-sensor lights.

1. Alarm Systems – A study by Rutgers University showed that intruders avoid homes with professional alarm systems, without displacing burglaries to neighboring homes. Following this logic, the more houses with alarm systems on the street, the safer the neighborhood.

2. Garage Security – Avoid garage doors that have windows as burglars can see when your car is gone. The easiest way to deal with them, in case you cannot afford a new door, is to frost or cover them.

3. Security Lights – Choose to pay a little more on your electricity bill and light up the house. Moreover, scare off the uninvited with motion-sensor lights.

4. Shrubbery – Not only does it beautify the exterior of your home, but it can also keep curious eyes off your home by maintaining it tall enough to create a barrier, and low enough that an intruder can’t hide.

5. Home Security Signs – Place these around the home; announcing that the house is monitored nonstop, can deter criminals from trying to trespass.

While you’re away, fight the temptation to leave notes on the door for family members or service people. Furthermore, turn down the telephone ringer so no one hears you’re not around to answer it. Set items like lamps and radios on a timer so they give the impression that your residence isn’t vacant. Ideal would be to send a trusted friend or neighbor visit your home regularly while you’re away and collect mail, water plants, and flick on and off some lights to show some activity at your house.

Don’t, under any circumstance, leave extra keys under doormats, potted plants, or any other outdoor location. If you don’t have a trusted neighbor you can leave them to, make sure you hide them in an inconspicuous place.

Set up a stressless holiday season

Holidays – the best time of the year with numerous parties to go to, celebrations with yummy cocktails, exchange of gifts, mountains of delicious food, friends and family gatherings flooded with laughter, right?

For most of us yes, for some no.

Holidays can turn into stressful times for quite a few of us due to the busy schedule that leaves space for nothing else. Buying the gifts, cleaning and decorating the house, preparing the food, all take time that seems to fly too quickly. Besides the physical stress, there is the greater one, the emotional stress. Some gatherings are filled with deadlines and preparations, others are about old family wounds and insecurities; by the end of the holiday season, we feel exhausted and drained of energy.

Experiences instead of things: Negative feelings come to the surface because we have misplaced our focus. The secret is to remember how it was back when we were kids, playing with the box of the toy just as much as with the toy itself. What have you planned or already done in order to get a wonderful gift to everyone you love? Instead of going broke thanks to your big heart, or spending countless hours in shops and malls trying to purchase the perfect gift, find the ways to actually spend the holidays with those you love, replace the material value of the things with their real value. Consider how you could use the time you’d normally spend at the stores, to be with your dear ones. Years from now they will not remember the fluffy slippers or the fancy soaps, but they’ll probably remember that special day you spent together.

Switch perfectionism with fun. The home doesn’t need to be perfectly clean, as the food doesn’t need to be chef quality. You definitely don’t need decorations made by Martha Stewart. Instead of judging yourself and pushing yourself at the end of your limits, try to have fun while preparing for the holidays. Those who love you do so not because of your decorations or your crystal clear windows; they might appreciate a gourmet dinner, but love it the most important ingredient. Do as much as you’re willing and spend the remaining time enjoying your holiday.

Gratefulness. It’s hard to avoid comparison when all these perfectly happy families flood the media with their perfect holidays. Every morning, when you’re sipping your coffee, make a list with the things you do have – the ability to read, write, see, walk, etc. All the little things we often take for granted can actually bring you joy and comfort. Discover which those are and watch your mood improve.

And just to make sure, check the end date of your renter’s insurance. You don’t want to worry over 43 cents/day this holiday.

The pet-friendly apartment – Christmas edition

Few things really set the mood for the winter holidays as decorating your apartment does. Sure, you can have Christmas carols playing in the background all day long. You can even binge-watch Christmas movies while loading up on cinnamon cookies and eggnog, but it won’t really feel like Christmas until you’ve hung that mistletoe and lit up that tree your apartment.

As a responsible, renter’s insurance-carrying tenant, you already know most dangers to look out for during the season (faulty Christmas lights, unsupervised candles, etc.). However, as a brand new pet owner your responsibilities have just doubled. Not only are you responsible for your own safety, but that of your pet as well. And you’ve also got to be on the look-out for all the trouble they can get into with their loveable, goofy ways.

One of the first and easiest steps you can take to give yourself peace of mind, especially during such a stressful time as the winter holidays, is to add a Pet Damage Coverage to your policy. Resident Shield’s Pet Damage Coverage for example, offers you $500 in liability coverage in the event of pet damage to the apartment.

As a pet owner, the number one danger in your festively decorated apartment is the Christmas tree. Both dogs and cats have a penchant for running around, knocking things over, as you’ve already experienced. But the Christmas tree is a whole new ballgame. The tree smells intriguing, the twinkly lights are enthralling, and all the sparkly, colorful, and gently swaying tinsel and globes are simply irresistible, especially to cats. While you might not mind a few cheap broken globes or some eviscerated tinsel, you need to be aware that your pets won’t simply break them.  They (or you) can step on the shards and they could swallow them. It won’t even take a cat or dog much to pull the entire tree down onto himself. If you can’t forgo a decorated tree, make sure you secure it. If you think a pack of Christmas elves on a sugar high could knock it down, so can your cat.  Make sure the base is super stable and the tree itself is tied to something.

Next stop: the shiny decorations. If your pet is attracted to shiny things, considering using decorations with a matte finish or made from more natural materials such as wood, cardboard, felt, straw, etc. This way, even if your pets get their paws on them, the chances of hurting themselves are significantly smaller. And a piece of swallowed felt won’t put them in nearly as much danger as a shard pf glass or plastic.

Speaking of shiny things, be very careful with wrapping paper, especially candy wrappers. While chewing up and swallowing some simple wrapping paper probably won’t hurt your pet, things like tinfoil and plastics can present a threat to their life. Make sure you dispose of all wrappers as soon as the present was opened.

Of course it’s not only candy wrappers you need to be careful with, but also the sweets themselves.  And generally all types of human food. While Fido might give you his biggest puppy eyes, you must resist! Not all human foods and spices are pet-friendly. And candies are especially dangerous. Chocolate, for example, can be downright deadly. Do not give them any human food, no matter how hard they beg. If you know you have a hard time resisting, keep some pet treats within easy access.

But it’s not only man-made holiday items that are toxic to pets. Be very careful to hang  decorative holiday plants out of the reach of your pets, as staples such as holly and mistletoe are quite poisonous.

As an extra security measure and also because it’s Christmas and he deserves it, buy your pet some new toys. The best toys are the ones that require a lot of attention, such as pet activity toys and puzzle games. This way, he’ll be way too busy with his own stuff to chew up yours or murder your holiday wreath.

Have yourself  a Merry Christmas!

Renter tips for a safe holiday season

As holiday cheer start reaching fever pitch, everybody’s in a hurry to get their hands on the best holiday gifts and nail down the last details of their holiday celebration. But lost sleep and stress can contribute to careless behavior, which, paired with all the holiday paraphernalia, like candles, tinsel, lights and fir trees can spell disaster for your apartment.

While Resident Shield has your back in case of fires and other disasters, such as theft and accidental injuries of guests, it’s always easier to avoid them altogether. Below are a few things to watch out for during this holiday season:

Candles are a ubiquitous decorative element this time of the year. Be extra vigilant during the holidays. Many decorations are manufactured from highly flammable materials, such as paper, wood or plastic blends. Holiday get-togethers can get quite boisterous. Families get together, children chase the pets and the adults might have one too cups of eggnog. With all the hubbub, candles can easily be knocked over. You might not even notice the accident, until it actually becomes a threat. To avoid such a situation, consider replacing them with electric candles. If you can’t fathom such a notion, make sure all candles have stable bases, are out of the reach of children, curious pets and careless adults.

Fir trees. Present in millions of homes throughout the countries, this holiday staple is as dangerous as it is pretty. Not only are firs highly flammable, they have a low ignition point. Make sure you don’t place any candles near Christmas trees, nor do you strew heat-emitting lights on them. The same goes for fake Christmas trees.

Lights. Twinkly, sparkly, flashy – whatever your preference, make sure you buy your Christmas lights from reputable retailers. Before installing, test whether they function properly.

Deck the halls with boughs of holly, Fa la la la la, la la la la - but make sure those boughs of holly or any other plants you bring into your home aren’t poisonous for your pets.

If you’re lucky enough to boast a fireplace in you apartment, color us jealous. While nothing sounds more divine than cozying up to crackling hearth with a cup of mulled wine, make sure you had the chimney swept beforehand  and that both your fire and carbon monoxide alarms are working properly.

Unfortunately thefts and break-ins are quite common during this time of year. As tired as you might be when all your guests leave, check that all windows and doors are locked. Avoid putting expensive presents in a highly visible place (such as windowsills).  Moreover, if you bought or received big-ticket items with lofty packaging, such as HD TVs, laptops, home cinema systems and the like, dispose of their packaging in a discreet way. Don’t just leave the box outside your door, thinking you’ll take it down to the recycling center later. You’re basically advertising to those up to no good.

Also, to be on the safe side, document any new purchases or presents and add them to your insurance policy. Should the worst happen, you’ll at least be reimbursed for your stolen or damaged goods.