The world has become a less accessible place during the COVID-19 pandemic. This causes many day-to-day inconveniences, but in some situations, it can cause major life issues. Moving to a new home, for example, is not typically a process you would voluntarily undertake when you can’t tour homes. But unfortunately, people sometimes have no choice. Fires, water damage, and many other disasters can befall a home and leave a family displaced, despite the pandemic, leaving them with no choice but to look for a new home.
Volcanoes are one of the most dazzling features of landscapes on Earth. In fact, Hawaii Volcanoes National Park attracts over two million tourists each year. Though magnificent in nature, volcanoes pose real risks to people and property. The below map identifies the volcanoes that represent the most significant threat.
The only thing worse than sustaining home damage from a landslide, is realizing that a homeowners insurance policy will not cover the home damage. A standard homeowners insurance policy does not cover damage resulting from earth movement events such as mudslides, landslides, and avalanches. Given that property damage from this type of peril is often significant, homeowners need to understand the potential exposure for these events in order to determine if they need additional insurance.
Many homeowners dream of owning a beach house. A relaxing and blissful place to get away with friends and family on a regular basis. While a coastal home is certainly an exciting venture, risks remain. One notable concern for homes on the coast is erosion. The long-term damage caused by coastal erosion can be difficult to see due to its slow, seeping nature. In this article, we explore the impacts of coastal erosion and the insurance options for homeowners looking to protect their beach houses.