Category: Personal

Personal
// March 3, 2022

Reading Time: 3 minutes

The number of condominiums in the U.S. exceeded 12 million in 2020, and that number has only continued to grow with no signs of slowing down any time soon. Condos are attractive to developers because more units take up a smaller footprint compared to single-family homes. Additionally, condos and townhomes are in demand for buyers…

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Personal
// December 2, 2021

Reading Time: 3 minutes

In today’s litigious climate, property owners are seeking ways to ensure they have enough coverage in place to protect themselves in the event of a claim. The industry is seeing increased claims for wrongful evictions, slip and falls and dog bites at second homes, income properties and plots of vacant land. In some cases, an…

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Personal
// September 2, 2021

Reading Time: 2 minutes

People and industries all over the world are experiencing many changes and challenges as a result of COVID-19, and we’re likely to see this impact stretch through the remainder of this year and beyond. The domestic housing market in particular has shown us the extremes of supply and demand. As a result, fixer uppers have…

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Personal
// June 1, 2021

Reading Time: 3 minutes

According to Incfile.com, about 50% — or 15 million — of U.S. businesses are home-based, and that number will certainly continue to grow. The past year has shown many Americans that it’s feasible to move their businesses into their primary homes. Many businesses operating with fewer than three employees see this move as an opportunity…

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Personal
// March 4, 2021

Reading Time: 3 minutes

Over the past year — even amid a pandemic — the demand for rental dwellings in suburban U.S. communities grew considerably. Why? Because most people are spending more time at home and need more space. According to the Wall Street Journal, buying a home was not possible for many, as the pandemic and a low…

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Personal
// December 3, 2020

Reading Time: 3 minutes

With interest rates historically low, now might be a great time for some investors to add a condo to their portfolios. Typically, condos require less maintenance and upkeep than traditional single-family homes, making them attractive to those who want a hands-off investment. The condo construction industry has seen an influx of new condos being built…

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Personal
// September 3, 2020

Reading Time: 3 minutes

Over the past few months, the global pandemic has impacted countless businesses, both big and small, and individuals nationwide. The consumer market has certainly shifted as people everywhere learn to settle into the “new normal”: digital communication, increased remote operations, a preference for online shopping over brick-and-mortar stores, higher demand for hygiene and cleaning products,…

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Personal
// June 8, 2020

Reading Time: 3 minutes

One of the uncertainties that many insureds are currently facing or will be facing in the coming months is how to properly protect their homes or rental properties that are vacant or undergoing renovations. There are more vacant homes now than ever before, as many landlords struggle to find tenants or as sales of properties…

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Personal
// March 5, 2020

Reading Time: 3 minutes

Today’s small-business professionals may find it easy to join associations made up of other professionals in their industry. These associations allow members to support and learn from one another and gain a competitive advantage. In associations, members share new industry trends, advances in technology, success stories for selling products, ideas for growth and more. Benefits…

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Personal
// December 5, 2019

Reading Time: 3 minutes

Distracted driving claimed the lives of 3,166 drivers in 2017 alone, according to the National Highway Traffic Safety Administration. This number continues to grow, with approximately 9 people being killed each day in the U.S. due to a distracted driver. Anything that takes your attention away from driving can be a distraction that can endanger…

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Personal
// September 5, 2019

Reading Time: 3 minutes

When it comes to insuring condo units, it is important to protect not only the condo unit itself, but also any common areas and property within the community. These common spaces are usually maintained using association dues — planting flowers, mowing the lawn, removing ice and snow, etc. — and include community pools, clubhouses and…

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Personal
// June 6, 2019

Reading Time: 3 minutes

According to 2018 National Association of Realtors research, 30% of vacation property owners and 32% of investment property owners planned to rent their homes as short-term rentals last year. As the number of properties rented on a short-term basis continues to rise, policyholders need to ensure they have adequate coverage. Coverage needs will vary depending…

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