Neighborhood Stories28 Sep 2013 01:40 pm

“Whatever advice you give, be short.” – Horace

Sorry for the delay in posting the weekly tip. Last week, my sister’s family house burned down. She lived there with her husband and two boys. Luckily, no one was hurt. There were five other houses affected in the fire. Also luckily, they have excellent homeowner’s insurance and will be able to recover financially. So this week, my tip is to check your homeowner’s insurance policy. Most of us in Passyunk Square live in row homes, so you are more susceptible to fire since a neighbor’s accident five houses down can affect your home. If you rent, I strongly advise getting renter’s insurance. No one wants to spend the money, but when you need it, you’ll be glad you did. You need to ask your insurance company about 3 main things: the home replacement value, if it is a total loss, the amount of money they will give you to replace the contents inside your home, and how much they will pay for a rental or hotel accommodations while you are displaced. If you have a shore home, you should consider flood insurance, as most homeowner policies do not cover for flooding (remember, that is why so many were devasted after Katrina in New Orleans – they did not have flood insurance). Lastly, I strongly urge you to have a computer backup that is online – NOT located at your residence. Crashplan is a good company to check out for this. Remember, if your computer is destroyed, your data, including all your photos, are lost. If your computer backup is a hard drive in your home, that will be lost as well. Once again, my sister’s family was lucky in this regard and most of their photos were recoverable because they had offsite backups of them. Trust me, no one thinks it will happen to them – until it does.

-Melissa Rosato

(follow me on facebook or twitter: Melissa Rosato@myrrr03)

 

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