Movie Claim Monday- Beauty and the Beast

Movie Claim Monday Beauty and the Beast

Movie Claim Monday: where our insurance minds speculate whether certain incidents in the cinematic universe would in fact be considered a covered claim.*

This week’s movie claim Monday is on Disney’s Beauty and the Beast** (the new one), simply because the writer of this blog has a two year old and that is the only movie we have been watching for the past month.  Disregarding the fact that this is taking place in revolution-era France, there are a few parts in this movie that the insurance agent in me kept noting:

-During the Gaston song, Gaston uses his gun and shoots the ceiling.  Would the business insurance cover that?  Maybe—it could be considered vandalism.  But if he owns the tavern, as it seems that he might, then no, because he (the owner) is knowingly damaging his own property.

-In terms of homeowner’s insurance, would the castles crumbling walls be covered?  Nope.  Though it is due to magic, I still think it is wear and tear and that is never covered by any homeowner’s insurance.

-Lastly, would the enchanted objects need life insurance or would they just be considered personal property?  Not like they’re constantly being destroyed or anything, but near the end Chip almost gets smashed to smithereens, and I just have to wonder if and how he would have been covered.

 

 

*Disclaimer: Each insurance policy is different, and while we speculate here for enjoyment purposes, you will need to discuss your insurance policy directly with your agent or CSR.  Our speculations here are in no way an indication that a similar occurrence would in fact be covered.

**All characters described and mentioned are copyrighted by Disney

Renting your home

Renting your homeRenting out a house can be stressful, but we are here to help ease the pressure on you as a landlord.  There are many things to consider when renting out your home:
-What kind of tenants do you want?  Are you looking to rent to a group of college students or maybe a family who plans to stay for years to come?
-Are there any maintenance issues that need to be addressed?  Better to find problems now, rather than try to work around your tenants.
-Are you prepared for sudden maintenance requests due to wear and tear of the home?  Be prepared to be contacted at any time from your tenants for major maintenance issues.
Below are a couple of links that give great tips on being the best landlord, from screening applicants to tips on maintenance issues and how to handle them. Being a landlord can be a great opportunity and we want to help you make the best of it!

Eight Tips for Being the Best Landlord | The Foremost Blog

Renting out a property can be a time-consuming and energy-draining task, but it has its’ perks.

 

Preventative Property Maintenance Tips For Landlords

 

https://www.houserie.com/blogs/?p=443&post=preventative-property-maintenance-tips-for-landlords%2F

 

 

 

 

 

Dogs and Umbrella Insurance

Love Bites—Get Umbrella Coverage

In today’s economy, everyone is pinching pennies.  So why worry about umbrella coverage?  Shouldn’t a home and auto policy leave you adequately covered?

Unfortunately, we live in a world of lawsuits.  Large damages can be awarded, be extremely expensive and have long-term financial impact.  Those lawsuits can come from unlikely sources, such as our furry friends.

Take Herschel for instance.  Herschel is a much-loved, rather timid labradoodle who enjoys taking naps on the driveway while his owner mDog and Umbrella Insuranceows the lawn.

Herschel watched from eight feet away as his neighbor, a 39 year old man, showed off his rollerblading skills to his kids.  The man wiped out on the sidewalk in front of Herschel’s house and broke his leg.  He required surgery, costing around $35,000 in medical costs and $18,000 in lost wages.

Fair or not, the man brought a lawsuit against Herschel’s owner, suing for $220,000 in damages.  He alleged that Herschel had caused the accident by getting in his way, despite multiple witnesses to the contrary.

But Herschel’s owner was lucky–a jury vindicated Herschel. However, lawsuits such as these can easily exceed the limits on a homeowner’s policy, leaving the insured responsible for the remainder.  An umbrella policy would prevent that, giving you an extra $1 million to $5 million in coverage.

Our furry friends can put your assets at risk in other ways as well.   According to the Center for Disease Control and Prevention, 4.7 million people are bitten by dogs each year, with half of those occurring on the owner’s property.  Dog bites, according to the Insurance Information Institute, account for about a third of all homeowner’s insurance claims, which only cover limited damages.

 

Protect what you love.  Call us to talk about your umbrella options.

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