Peace of mind is the first thing every parent and homeowner wants. Whether it is knowing that the toys your child plays with are safe, or that your home is protected against mishaps, you don’t want to stress over these things. Toy safety is relatively easy to assess.
- Buy age appropriate toys for your children
- Make sure there are no small parts that can be a choking hazard to the smaller children.
- Make sure the toys are well made (cheap toys break and can harm your child)
- Never buy toys with lead paint as they are a health hazard.
- Electrical toys that plug in should not be bought for children under 8 years of age to prevent burns
- Toys with strings, cords or straps are a strangle danger and should be rigorously avoided.
- Always throw away packaging as soon as the toy has been opened.
These rules are basic parenting knowledge, but what about your home? How do you protect your home and your family from the many disasters that can happen? Homeowners insurance is the answer. Many mortgage companies and banks require homeowners insurance when you buy the house. Finding a good insurance company that suits your needs and doesn’t completely empty your wallet can be daunting. homeownersinsurance.com is one way to find what you are looking for the easy way, but why should you buy insurance besides needing it for the banks approval? That is easy…
- Peace of mind
- Protection for losses due to robbery
- Protection from natural disasters, which also covers you if you cannot live in the home while it is being repaired. (will pay for hotels and living expenses)
- It will protect the equity in your home should something happen to it
- Protects you from lawsuits and will pay medical bills in the case that someone is injured on your property
- Replaces personal possessions lost due to disaster or theft
All of these reasons are rolled up into one big, “I don’t have to worry” ball and your stress level will definitely come down a few notches. Make sure to study your policy carefully so that you know what your home is covered for and what it is not. You will be surprised to know what your policy covers, such as spoiled food in your refrigerator should your electricity go out. This is standard with policies. Your child’s belongings while they live in a dormitory on a college campus is also covered.
One of the things that is NOT covered in a regular policy is flood insurance. You have to buy a separate policy to cover flood damage. Nor will it pay for earthquake damage or jewelry past a certain amount. These are separate and should be taken into account depending on where you live as far as earthquakes go, and how much your jewelry is worth. If you need these types of policies, you will need to add them to your existing one or buy it separate, so make sure you are in the know.