Now that Super Bowl is over, and we’ve had time recoil from a big upset (or not depending on who you rooting for) you might feel a certain dizzying effect left over if you were hosting. I attended a party with quite a few boisterous guests, filled with emotionally charged opinions and alcohol.
And, there was no shortage of TV’s around the house, living rooms, kitchen, backyard, bathrooms, guestrooms, garage, you name it. Later, I realized that for the host calamity can hit any time. While the big game might be over, we thought we would share how homeowner’s insurance can safeguard your pocket from taking a beating for future parties.
Even with small parties, your friends will show up with their friends and the next day you will realize that a prized memorabilia has gone missing. Based on your policy’s limit, personal property coverage pays to replace stolen items. It would behoove you to take personal inventory of your positions as well as photographing your rooms with your smart phone. In the event something is stolen, it will help you provide details for the claim.
HEATING UP THE GRILL
According to the Hearth, Patio and Barbeque Association, more than 1 in 5 grill owners fire it up game time. Unfortunately, cooking fires are one of the most common causes of accidents. If your house is destroyed due to fire, your home insurance dwelling coverage will give you the ability to file a claim. To assist with determining your home’s rebuilding costs, you should be able to ask your insurer for help.
INJURED GUEST LIST
If the big screen drops onto someone or if your spread triggers food poisoning, you could be financially responsible. You should be aware that medical payments for injured guests are included in your home insurance policy, as well as liability in case you’re sued.
Fortunately, California law clears a host from any civil liability if guests throw back one too many. Nonetheless, there are a few circumstances that would change like charging a cover fee or serving alcohol to someone under 21 (which is a misdemeanor). If your home policy includes liquor liability coverage, limits are often capped at $100K-$300K.
So next time you decide to host a ball game, soiree or birthday party, take note and protect your turf.