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Airbnb Insurance, Explained

Airbnb is a pioneer of the sharing economy, allowing hosts to rent out part or all of a property to travellers. While many Airbnbs are advertised as an “entire place,” meaning guests have the entire house or apartment to themselves, many listings consist of a private room. Hosts renting out either type of Airbnb qualify for up to $1 million in liability protection insurance, but may also consider exploring an add-on home sharing policy for additional coverage.

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

3 Reasons Why the Stock Market Is Doing Well While Unemployment Is High

It’s been quite a roller coaster as of late when reading financial news. For example, recently, within the spate of a few hours, CNN Business posted an article outlining concerning unemployment numbers and a separate article discussing the stock market hitting record highs.

How do those two seemingly incompatible things make any sense? How can stocks possibly be a good investment if companies are struggling? Why are investors making money if so many people are unemployed? Furthermore, how can these choppy waters be navigated, both by people concerned about their employment and those concerned by their retirement savings?

How to Protect Yourself From COVID-19 Financial Scams

Scamming attempts are on the rise as more people seek financial assistance online, due to the Coronavirus. Data from the Federal Trade Commission shows Americans have already lost nearly $70 million to pandemic scams since the beginning of the year.

“Many have been filing for unemployment benefits, so when a call or email comes in pretending to respond to your inquiry, it might be harder to differentiate between who is real and fake,” says Jade Hickton, Private Investigator at Smith Training Centre. Learn how to detect the warning signs to avoid falling for these fraudulent crimes.

Home Insurance SimpleScore Methodology

SIMPLESCORE

The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.
For every review, our editorial team:

  • Identifies five measurable aspects to compare across each brand
  • Determines the rating criteria for each aspect score
  • Averages the five aspect scores to produce a single SimpleScore

Here’s a breakdown of the five aspect scores and their rating criteria for our review of the best home insurance companies of 2020.

Discounts

We looked at the number of discounts each company offers –– more discounts mean a higher score.

Aspect Score
1
2
3
4
5

Number of discounts offered
0–2
3-5
6-8
9-11
12+

Coverage options

We awarded higher scores to the companies that offer more coverage options.

Auto Insurance SimpleScore Methodology

The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.

For every review, our editorial team:

    • Identifies five measurable aspects to compare across each brand
    • Determines the rating criteria for each aspect score
    • Averages the five aspect scores to produce a single SimpleScore

Here’s a breakdown of the five aspect scores and their rating criteria for our review of the best auto insurance companies of 2020.

Discounts

We looked at the number of discounts each company offers — more discounts mean a higher score.

Aspect Score
1
2
3
4
5

Number of discounts offered
0–3
4–7
8–11
12–14
15+

Coverage options

We awarded higher scores to the companies that have the most coverage options.

What is Loss Assessment Coverage?

Did you know that you could be found financially liable if something happens in your condo’s common area? For many people, that could be news and also an important wake-up call. Thankfully, many insurers offer loss assessment coverage to cover you if your condo’s insurance policy comes up short. Understanding the ins and outs of this type of insurance and how it relates to an HO-6 policy is critical to protecting your investment and hard-earned money.

What is loss assessment?

When you purchase a condo, you become part of a condo association responsible for the building and all the common areas. Generally, part of your condo dues pays for an insurance policy that covers the costs if something happens to the building or in a common area.

Ask Your Company to Pay for These 6 Work-From-Home Expenses

What felt like a temporary laptop-at-the-kitchen-table setup has become permanent — 42% of the U.S. workforce is working from home full-time. In the same survey by the Stanford Institute for Economic Policy Research (SIEPR), 65% of Americans reported not having sufficient internet service for workable video calls.

But before you break the bank for better internet speed consider that some employers are footing the bill for these setup costs. Shopify and Twitter both announced that remote employees will receive $1,000 for setting up a home office, while Chegg pays the monthly internet bill for its remote workers (along with $500 for other setups.)

Which States Have the Best and Worst Drivers?

Ask anyone, and they’ll probably tell you that their state has the worst drivers in America. While it can certainly feel that way, the real winners and losers when it comes to bad drivers and best drivers can be determined by data.

Compare Affordable Car Insurance Rates

Save money on auto coverage with our simple comparison tool.

8 Tips for Working From Home While Schooling Your Kids During Coronavirus

Many parents across America are facing the start of a school year in which they’re called upon to balance virtual schooling for their children and working from home. It’s a difficult thing to balance. We all want our children to have an excellent education, but also a safe one, while we have careers to attend to.

Many of the obvious strategies for solving this conundrum involve simply throwing money at the problem through things like hiring a tutor, but for many families, that’s not a sensible option.

8 ways to balance working from home and virtual school for kids
Have clear schedules and guidelines

It is incredibly useful for both children and parents to know at a glance what each child’s daily schedule is and what the parent’s working schedule is like as well. This minimizes interruptions at inconvenient times.

What Is the Make and Model of the Car?

When it comes to the auto industry, there are a lot of buzzwords that get tossed around — make, model, features, stock, VIN, MSRP and more. If the car buying process is new to you, you might get lost with all this jargon. Thankfully, most of these terms are quite simple to understand once someone takes the time to explain.

Compare Affordable Car Insurance Rates

Save money on auto coverage with our simple comparison tool.