4 Catastrophic Life Events That Make You Wish You Had Home Insurance

Life is unpredictable, especially when it comes to nature. You never know when disaster may strike your home. The last thing you want is to be left unprotected because you failed to have home insurance. 

Whether you rent or own your home, you want to be prepared for anything. Make sure your insurance policy is up to par in case four catastrophic life events hit you out of the blue.

A Fire Could Destroy Everything

A fire is a dreaded word for any homeowner. There's no way of knowing when your home may be the victim of this catastrophe. Whether there is a problem with your wiring, a malfunction of an appliance, or a terrible accident, flames can rip through your house with frightening speed. 

If the fire department can't get there fast enough, you could lose everything you own. While homeowner's insurance can't bring back your home, it can give you the money you need to replace items and rebuild.

Storm Damage Can Wreak Havoc on Your Home

Severe storms can hit at any time of year. They can bring fierce winds, heavy rain, hail, ice, and snow. You may be faced with roof damage, a fallen tree on your home, loose siding, broken windows, and more. If you have the necessary coverage, your home insurance agent will send an adjuster to estimate a check for repairs.

Flooding is a Problem at Any Time

When it comes to flooding, it can be brought on by heavy rains, a snow meltdown, or a broken water line. Excess water may be confined to your basement or reach the upper floors of your home. You should always make sure your policy includes flood insurance if you are in a high risk zone.

Lightning Strike When You Least Expect It

Whether it's a summer storm or in the middle of winter, lightning may hit your home. It can damage your roof and ruin electronics. Your homeowner's insurance can help you to make any necessary repairs. You can also be reimbursed for any electronics that need to be replaced.

Understanding Accident Protocol Involving Your Home

While homeowner's insurance agencies like Bear River Insurance can help you in times of trouble, you need to know what steps to take to have the best outcome. The first step is to have a clear understanding about what your policy covers. 

The next step is to notify your agent as soon as possible after an incident. Take pictures for your provider. Get several estimates for repairs. Your goal is to have as few out-of-pocket expenses as possible.

You may not be able to avoid disasters, but you can have the peace of mind that comes with a good insurance policy. Talk to your insurance agent to discuss what kind of coverage you need and the value of your home. Discuss premiums and deductibles to avoid any surprises.

4 Fun Luxuries You Should Budget for in Your Retirement

Just because you're retired doesn't mean your life has to be boring. In fact, with no job to report to, your retirement can be one of the most fun stages of your life.

Of course, to take part in these fun activities, it's important to budget for them while you're still saving for retirement. To help give you an idea of how much you'll need to save, here are four fun luxuries you should budget for in your retirement.

Travel

If you've always wanted to see the world but never had the time to do so, retirement is your perfect opportunity. Whether you choose to travel the country in an RV, fly off to faraway places, or take things slow on cruises, travel should definitely be something you budget for. By prioritizing which destinations you'd like to visit most, you can be more accurate in your budgeting for these indulgences.

Experiences

Even if you don't feel like traveling far from home, you can still budget for experiences that are right in your own backyard. Whether it's season tickets to the local orchestra, some front row seats to a show by your favorite band, or a membership at your local zoo, experiences can add so much richness to your life. If you can include others in on your experiences, you'll likely find that your enjoyment increases that much more.

Sports

While you probably shouldn't use your retirement years to take up tackle football, retirement can be a great time to try your hand at calmer sports, such as golf. You may find a hidden talent for a sport that you never got to try during your working years. 

You could even find yourself becoming so passionate about a sport that you spend some money to buy country club properties for sale so that you can always be ready to play.

Hobbies

During your working years, your hobbies are what you do with your leftover time and money after the essentials are taken care of. With the right budgeting, though, your hobbies can take a much more central role in your retirement. 

You can use extra disposable income to upgrade to better equipment that's required for your hobby and use your extra time to perfect certain skills within the hobby.

With so many activities to do during your retirement, you may encounter a "fear of missing out." In other words, you may see retired friends doing things that you wish you could do, putting stress on you to find the money and the time to do the same things they do. However, as long as you're enjoying what's right in front of you, you can relax and know that you're making the most of your retirement.

4 Ways to Make Money in Addition to Your Day Job

These days most everyone could use a few extra bucks in their pocket. Offered are some ideas that can be fun as well as adding more money to your budget.

Freelance Writing

Here is a great stay at home way to earn extra money. Commercial writing consists of a vastly diverse field that offers money for your writing skills. Copywriting, journalism, product description, technical manuals, recipes, DIY instructions, as well as horoscopes are all examples of writing opportunities that are available online for pay. 

There are free online editing programs that will help refresh your skills. The pay may be low in the beginning but as your work improves so does the opportunities to make more money.

Real Estate

Whether you want to invest in flipping properties or want to help someone else to flip, there are several ways to side money in the field of real estate. Cleaning out rental houses between tenets, pressure-washing building exteriors, staging homes that are for sale, as well as photographing interiors and exterior properties for sale are just a few ways to make additional income moonlighting. 

Property management is another field of real estate that can become a second source of income. Make your skills known to real estate brokers, agents, and apartment complexes.

Selling Online

We all have things around the house that we can live without and they may be worth money. Why not sell them and clean out the house to make some extra money. There are several ways you can go about this by researching sites such as Facebook, Pinterest, Amazon, eBay, Etsy, Craig's List to name just a few. 

Each site has a particular niche, so you can find the right type of buyers for your items. Be sure to check restrictions and fees on each site.

Mystery Shopping

Most of the mystery shopping jobs offered online is an unrevealed customer audit that you perform as a subcontracting agent. Banks, grocery stores, restaurants, shoe stores, retail stores, home improvement stores, car dealerships, are just a small listing of the types of jobs offered. Legit mystery shopper companies never ask you for money and offer free registration.

Offering tutoring or lessons in your skill area is another way to make extra money as is making deliveries. Decide what ideas appeal to you. If research is needed for additional money makers, try this site https://myworkfromhomemoney.com/ways-make-extra-money-day-job/. Moonlighting on the side can be inventive and fun.

Injured in an Accident With a Commercial Car? 5 Factors That Will Affect Your Claim

Auto accidents and the process of dealing with the consequences are always going to be hectic events, but getting into a collision with a commercial vehicle will be more stressful than other accidents. In fact, most drivers don’t realize how much more stress this can add. 

Here is a quick glimpse of five important factors that could affect your claim after an accident with a commercial car.

What Type of Coverage the Driver Has

Some drivers might be surprised to hear that insurance for commercial vehicles is much different than private insurance. A company will likely have robust insurance for their commercial vehicles in order to protect their assets, and that type of coverage is going to have a huge impact on your claim and what type of compensation that you receive.

The Extent of the Injuries

As a general rule, you should immediately begin looking at attorneys if your accident resulted in any type of injuries. An injury is going to make your claim much more complex, and you need to be sure that you get fair compensation for your medical bills and suffering. 

For severe or life-altering injuries, the claim might escalate into a legal battle that is brought before a judge.

The Extent of the Damage

Most insurance policies have a cap on how much they are going to pay out for damage to physical property. That being said, some states will allow you to sue the other party if the insurance policy doesn’t fully cover all of the damage. Those situations often occur when a company only has the bare minimum coverage for its fleet.

Determining Who Was at Fault

One of the most important variables in this equation will be who caused the accident. That being said, every state has slightly different rules regarding which parties are going to be at fault, and that is why you need to work with an experienced attorney. 

In some municipalities, you will be responsible for part of the compensation if you were partially responsible for the accident itself.

Legal Representation

Most businesses want to get through these scenarios as quickly as possible, and that is why they will sometimes offer an immediate settlement if you sign paperwork saying that you won’t sue. Unfortunately, those settlements aren't always fair. 

Most experts agree that car accident victims should speak with a legal professional before accepting any money. Commercial vehicle wreck attorneys will help you determine if the settlement is fair, or if you should sue for injuries and damages. 

They’ll also be able to help guide you through each process, depending on what you decide.

Following an accident, your health should always be your primary concern. If you feel like you might have any type of injury, then you must immediately head to the hospital for a comprehensive medical checkup.

9 Things to Check When Purchasing a Land in Colorado

Investing in the land is the right thing to do, no matter what might affect the world. Because of COVID 19, a lot of things got stuck in the world, including the economy. You need to plan on investing your money in the right things so that you can get profit. Investing in land is one of those things.

These days, you can purchase lands in a variety of ways using so many resources. But, since the government is auctioning some of the properties at their disposal. You need to try to buy it. One main reason why you should consider that is because it is affordable and another reason to invest in it is that the documents are going to be perfect.

There are certain things that you need to keep in mind when you are going to make any purchase. You need to search and buy land for sale in Colorado by following the steps that we did mention below.

Set the Budget: You need to avoid making any purchases before understanding the budget that is in your hands. Take time to check your finances to see how much money you have in your hands. Speak with your family if necessary to see if they are okay with your investment idea.

After you get their approval, counsel with them about the finances and how it is going to affect your family. Only after you get a clear idea of things, you need to proceed forward. You should never skip this step if you want to make any investment in the real estate world.

Understand the Zoning Restrictions: Yes, this is the second thing that should be of concern to you. Take the time to check this aspect before you make any investment. The government indicates which areas you can use for agriculture purposes and which ones you can use for a residential or commercial complex.

Hence, this is the first thing that should be of concern to you when you are investing money into the purchase of the land. If you skip this step, you might end up buying a wrong piece of the property and end up regretting later.

Learn About the Water Source: Water is one of the most crucial aspects that you should worry about before purchasing land. Check with the seller to see if they can provide you with relevant documents to indicate that there is enough water in the area.



If you are planning to do agriculture, you must see if the water source supply is enough to do farming. If the answer is yes, that is a good sign. You need to plan on purchasing it if it meets all the requirements.

Understand the Climatic Conditions: Yes, this should be of concern to you, especially if you are planning to use the land you purchase for agriculture. Take time to check the climatic conditions in that area by checking online. You will get accurate information, and this information will help you in your buying decision.

Even if you are planning to construct a house and stay there, this information is going to be vital. Hence, this is something that should be of concern to you when you are purchasing a land. Buy land for sale in Colorado only after you do the necessary checks.

Check the Photos: Before you visit a place, you should first ask the seller to share with your some photographs and videos of the property. This information will give you a glimpse of the property. You can then decide whether you should plan on purchasing that land or if you should go for another piece of land.

Visit the Site: If you like the pictures and videos, the immediate next thing that you should plan on doing is to visit the place to see for yourself. Check the land to see if it looks appealing to your eyes and if it fits your investment plans. If the answer is yes, go ahead and take your ideas to the next level.

The Market Rates: The next thing that needs to be of worry is the market rate for the area. Take the time to check the local rates in the market before you negotiate the price or before you set yourself a budget for the auction. This way, you are going to make a wise decision.

Check the Documents: Now, this is one of the crucial things that need to be of concern to you. Take time to check the documents. Seek legal assistance if necessary before you invest your money into the property. This way, you are not going to lose any money.

Safety Aspects of the Property: Lastly, this is the most vital thing that you need to check for before investing your money. Take time to inspect the property. Only if you feel it is safe and secure, go ahead and make the purchase.

How to Evaluate Your Homeowner's Insurance for Better Deals

While homeowner's insurance is a crucial part of owning a home, that doesn't mean you should be paying more than you have to. As with other types of insurance, it's important to evaluate your homeowner's insurance regularly to ensure you're getting the best deal. 

The process of finding these better deals, though, can be a bit tricky. To help you navigate through the red tape, here are some tips to help you evaluate your homeowner's insurance for better deals.

Consider Changes

Unless you have some type of special arrangement with your insurance company, you probably only pay your homeowner's insurance bill once a year. A lot can happen in a year, though. While most life changes won't affect your insurance rates, some will. 

Therefore, it's important that you think back through your past year to figure out if any changes that have happened could net you a lower premium.

Shop Around

Just as you should with your auto insurance every six months, you should be willing to shop around for new homeowners insurance every year. Different companies can offer different rates as they change their rate schedules, which could result in big savings for you. 

In some cases, you can use a quote aggregator that will provide multiple quotes at the same time. Just be sure to read the fine print on these sites to ensure the rate you see is actually the rate you'll receive.

Check Your Coverage

There are some insurers that try to get more money out of their customers by providing more insurance coverage than is necessary. That's why it's crucial that you comb over your homeowner's insurance policy to make sure that your coverage actually fits your needs. 

In some cases, the coverage that is provided is meant to satisfy minimum standards. Other lines of coverage, however, can be changed, saving you a nice amount of money.

Check for Discounts

Safe practices around your home make you a lower risk for insurance companies. In many cases, lower risk means lower cost when it comes to your insurance coverage. That's why it's a good idea to check with your insurance company for any discounts that they offer that you're not currently receiving. 

Discounts for security systems, smoke detectors, deadbolt locks, and other home safety devices are commonly available, so make sure your insurance company knows you have these devices in place.

While it's important to shop around to ensure you're getting the best deal, it's also important to consider the value you're receiving from your current insurer. In some cases, even if your current insurer doesn't have the very best rate, they may still offer the best value based on responsiveness, customer service, willingness to pay, and other qualities. 

Therefore, do your best to balance the need to save money with the need to be protected in the event that you face some type of covered loss.