Think that collection of rare coins or the family jewels are safe in a safe deposit box? Maybe not.
More than 50,000 of them have suffered losses due to burglary, fire, floods and tornadoes!
Fortunately, there are specialty insurers that will cover the contents of safe deposit boxes. Do a little research online and see if one might be right for you.
Many of us, for reasons both environmental as well as financial, are contemplating “going off the grid” and installing solar panels on our homes.
Before you take the plunge, you should be aware of a potential scam that has popped in this field. It involves companies that offer to install solar panels on your home for free. The deal is, they own the panels and they will bill you every month, just like the power company.
Now, these companies promise that your bill will be substantially less than what you’re currently paying, but there have been reports of people actually paying more.
So before agreeing to anything, do your homework. Find out if other friends or family members have done business with the company. Research them online with the Better Business Bureau and things like Yahoo reviews. Finally, read your contract carefully and make sure you understand what you’re getting yourself into.
Reputable businesses are always glad to do business in the sunshine.