A few weeks ago, the sizable 5 story walk-up across the street succumbed to a major fire. The kind that displaces all the tenants and leaves all the windows boarded because there is no longer glass in the frames. I don’t know the depth of damage the renters – some long time and others who looked like college students had experienced. On the morning after the flames had been extinguished and the many emergency vehicles started to peel away, I didn’t notice too many of the residents holding bags or suitcases, most were in some form of bedclothes and seemed to have just a mobile phone in their possession.
Two things struck me – first, how did I sleep through this blazing inferno with an entire street clogged with fire trucks, ambulances, police and whaling sirens with my windows opened?! Secondly, more importantly and less self-centeredly, what were all these people going to do? This isn’t exactly a luxury condo that went up in flames, it was modest East Village walk-up.
Even if the occupants of those now window-less apartments had insurance, is it the right kind, should they have more or different liability? My super insurance savvy friend, Jeff Bernard just posted an article on this very topic.
‘If you had to replace everything you owned, what 5 things to consider’ is insightful, informative and easy to understand. Even if you feel confident in your coverage – it’s still worth a read, unless you are in fact an actual insurance broker then you needn’t read, but you should meet Jeff – he’s oodles of fun.
You work hard to have a home with stuff you love – I know this since some of you (clients) are hard pressed to let go because your love of stuff runs deep, it is worth the time and investment to know that should a tragedy strike you are armed with the protection you need to survive and thrive.