Tag Archives: property

Landowner’s Insurance: Why You Need One

Landowner's InsuranceThe rise of Airbnb and other related sites have made it easier for people to rent homes for short- and long-term use at an affordable cost. While customers are happy with this feature, this leaves some landowners at the losing end. Not all insurance companies cover rental insurance. Yes, there is such a thing and here are some of the reasons you should have one if you are in the renting business:

What is a Landowner’s Insurance?

Like other insurance deals, a landowner’s insurance allows you to file a claim should issues in your rental properties arise. Having an insurance protects you as a landowner of possible losses and legalities. The type of insurance you avail depends on the nature of your rent. Short-term and long-term rentals have different insurance rates and inclusions. Before shopping for insurance, make sure you know which type of insurance deal is the right one for you.

Generally, a landowner’s insurance includes compensation for loss of income due to the period of rehabilitation and repair. It also includes liability coverage. This means injuries sustained by the tenant or their guests while inside the property are covered by the insurance provider.

Some insurance companies, however, do not provide such services. With proper research, you can find an insurance agency for your vacation home in Florida that’s more applicable to your situation.

When Do You Need One?

If you rent out a part of your home rarely for a brief period of time, your property insurance providers can provide you with the coverage you need. If renting out your property or even a space in your home takes place regularly, for extra income or even for living itself, then getting a landowner’s insurance is advisable for your protection.

Landowners who rent out their property can now be protected by having the right insurance policies for renters. Know what you’re eligible for.

Sunny Perth: Choosing the Awning for Your Property

Awning in Perth

Awning in PerthThe sun can be merciless during summers in Australia, and among the cities, Perth has the most number of sunny days. Even during the winter, the sun is peeking out.

This may seem like heaven for those who live in places where the sun doesn’t shine for six months in a year, but it can be too much of a good thing for most Perth residents. Awnings provide an affordable solution to most shading needs, but you still have to choose the best type for your budget.

Types

The type of awning you should choose will depend on several factors. These are the location (where you will put it), size (how big an area you need to shade) and cost (how much you are willing to spend). There are four basic types:

  • Fixed – ideal for entrances and windows, usually made of aluminium and canvas
  • Drop – ideal for windows as they act like outdoor blinds
  • Retractable – ideal for large areas, and may be manual or motorised
  • Freestanding – ideal for small areas, movable
Costs

Generally, the least expensive type of awning in Perth is one that does not need too much support and mechanisms. A fixed awning over your front door, for example, has a metal frame and a canvas cover. As the name implies, it’s permanent.

A retractable awning, on the other hand, is the most expensive because you need a mechanism to work it. However, retractable awnings are more cost-effective than putting in a patio roof. It looks prettier, too.

Installation

Another consideration is the labour cost. You will not have to worry about that with freestanding awning, because you can easily assemble and disassemble it. For other types, however, you should get a professional for proper installation. The cost will depend on how long it will take to put in your awning.

Do your research before you commit to anything. Measure the length and width of the area you need to shade and get quotes from several suppliers.