June 2013

Renting On Airbnb? What About Insurance?

You’ve probably heard of Airbnb. It’s a fairly new startup that has exploded in recent months. It basically connects renters that are looking for cheaper housing and those that have free space. It’s an alternative to hotels for travelers and has been very popular all around the world. There are few things that could go wrong in the early days as both renters and hosts loved the new service. Then Things Went Bad In July 2011, a host contacted Airbnb after having her apartment burglarized and vandalized by an Airbnb guest. The company initially said there was nothing it could

So Tired Of Those Credit Insurance Offers…

I’m sure all of you have received such offers at some point. You activate a new credit card and they offer you a credit insurance. How does it work? -You pay X%.. let’s say 1% of your end of month balance. It varies from policy to policy and sometimes you only pay if you don’t make the full payment on time, etc. It’s tempting for a few reasons: -they generally insist a fair bit in the hope that the easier way out will be for you to say yes -they will often offer it for free for a few months

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