General Insurance

But tell me, why am I still forced to run my insurance first when I know that the $12 cash price for my meds beats my $45 copay? Since those gag clauses were banned in 2018, shouldn’t pharmacies just let me pay the lower price upfront?

I’m already paying for landlord insurance, so is setting up an LLC actually worth the extra fees and paperwork? How do I know if my specific risk level justifies the added hassle or if it’s just overkill for a small owner?

Buying home insurance is not mandatory here. But if you have a mortgage, then mortgage lenders demand it.

Home insurance covers your home from any damage, like storms, fires, etc., and your personal belongings (furniture, electronics).

And in some cases, it gives you additional living expenses in case your house is not livable due to any issue.

The landlord’s insurance will not cover anything you own on or around the property. Only plumbing or roof leaks can cause water damage that landlord insurance can fix. So don’t think your landlord’s insurance covers water damage.

If the tenant has done some water damage, then the tenant is responsible for the cost of repairs. The landlord is responsible for the cost of repair if the water damage is due to a problem with the building.

If you face water damage in your rented apartment, you can take the following actions:

Document all the damages (pictures, videos) and inform the landlord as soon as possible. Turn off the water supply if possible so that it will not be damaged further. If your rented apartment has insurance, submit all the necessary documents to claim damage.