Does anybody here have renter's insurance or home insurance (not coverage for the actual home but for furniture, jewelry, electronics, etc...)?
Is it worth the price? I know Renter's Insurance is usually considerably cheaper than home owners insurance.
Just curious. I don't have that much that I'm concerned about (old tv, BluRay player, laptop [my most precious property], no jewelry).
Can anyone simplify the following insurance term:
As a Lemonade policyholder you will have the right to select a ‘Giveback cause’, thereby joining a virtual group of people who made the same selection. Lemonade uses each group’s premiums to pay their claims and expenses, giving back leftover money to their common cause. While the availability and amount of leftover money is subject to Lemonade’s discretion, and applicable insurance regulations, our stated intention is to calculate the amount of leftover money by subtracting from the group’s collective premium, our flat fee (currently 20%), the costs of claims, a “rainy day fund” and other insurance expenses like reinsurance – and giving back what’s left (up to 40% of the group’s premiums). Giveback is Lemonade’s policy, and expression of intent, but it is not a contractual obligation to you, nor to the cause you selected. We reserve the right to suspend or amend the Giveback policy from time to time.