Garrett Explains | Episode 9
It seems harmless, right?
Snow shoveling, landscaping, or lawn mowing for the neighbors are great ways for your teen to make money while learning the concepts of responsibility and work ethic.
But at what point does your homeowners insurance coverage end, and business-related exposure begin?
The limitations allowed on the standard homeowners policy is usually $2,500 per year. If your child makes more, and there is an incident, your carrier may decline coverage.
Garrett explains it all in Episode 9!
Contact our insurance specialists at 845-986-1177 to learn more about your homeowners coverage, talk these situations through, and see if a separate policy might be in order. We are your business, home, auto, and life insurance solutions provider, partner, and adviser, serving Warwick, Greenwood Lake, Florida, Goshen, Pine Island, Middletown, Chester, Monroe, Newburgh, Orange County, and the Hudson Valley and Tri-State Area.
Related:
The Most Common Home Insurance Exclusions
Does Your Homeowners Insurance Cover Flooding?
How Trampolines Affect Your Homeowners Insurance
Garrett Explains | Episode 1: Why is My Auto Insurance Premium Rising, and what Should I Do?
Garrett Explains | Episode 3: Back to School: An Insurance Checkup
Garrett Explains | Episode 4: You Get What You Pay For
Garrett Explains | Episode 6: Home Business? Coverage Denied!
Garrett Explains | Episode 7: Two Popular Claims Not Covered by Your Homeowners Insurance
Garrett Explains | Episode 8: How to Protect Your Jewelry and Valuables
Garrett Explains | Episode 11: Are You Prepared for the Next Flood or Earthquake?
