Day: November 9, 2020

How to Insure Your Second Home

Owning a vacation home may be one of your big financial goals, and it’s important to make certain that your investment is protected. Having the right homeowners insurance can ensure that your vacation property is covered against damages from fire, wind, and other perils. In most cases you’ll need to purchase a separate policy to cover a second home. If your vacation home has a mortgage, your lender may require property insurance as a condition of borrowing.

Key Takeaways

  • If you own a second home, you may need a separate homeowners insurance policy to cover it. 
  • Mortgage lenders may require a separate home insurance policy for vacation properties. 
  • The home’s age, condition, amenities, and location can influence the amount you’ll pay for a homeowners insurance policy.
  • Additional insurance coverage may be needed if you plan to rent out your vacation or second home as a short-term rental.

What Is Vacation Home Insurance?

If you plan to buy a second or vacation home, you’ll most likely need vacation home insurance. This is a type of homeowners insurance policy that covers a home you own but don’t live in full time. 

Vacation homes are typically viewed as being higher risk by insurance companies because they aren’t occupied all of the time. If you own a beachfront home, for example, the risk of theft or vandalism may be higher if you and your neighbors only visit periodically. Likewise, it may take longer to detect water damage with a second home that’s left unoccupied, which could increase the likelihood of the insurance company having to pay out a claim for damages. 

Vacation home insurance is not the same as vacant home insurance, which covers properties that remain empty for extended periods of time. 

What Does Vacation Home Insurance Cover? 

A vacation home insurance policy isn’t exactly identical to traditional homeowners insurance, as the home isn’t being lived in all the time. Instead of covering all the things that a typical homeowners policy might cover, your insurance company may build your policy around named perils only.

This means the policy for your second home will list a specific set of events that are covered, which may include damage from: 

  • Fire and smoke
  • Lightning
  • Explosions
  • Theft

Liability coverage may also be included, which would cover any personal injuries sustained by someone while they’re on the property. The policy could include medical payments coverage as well to pay for someone’s medical bills if they’re injured. Still, it’s possible that if you already have a homeowners insurance policy in place for your primary residence, your insurer could extend those coverages to a vacation or second home.

When purchasing vacation home insurance, take time to read your policy’s home insurance declaration page, which explains the details of the property being covered, your coverage limits, deductibles, and premiums. 

How Much Does Vacation Home Insurance Cost?

Vacation home insurance could end up being more expensive than your regular homeowners insurance, depending on the type of

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Baton Rouge rapper Lit Yoshi’s curfew lengthened; judge says house arrest no `vacation’ | Courts

A Baton Rouge judge refused Monday to revoke or increase a local rapper’s $1.82 million bond on seven attempted first-degree murder counts after a prosecutor argued Lit Yoshi is treating his house arrest in south Florida as a “paid vacation.”

State District Judge Tarvald Smith, however, added two hours to Mieyoshi Tyree Edwards’ curfew in the Miami area, making it 6 p.m. to 6 a.m. rather than 8 p.m. to 6 a.m. EST.



Rapper Lit Yoshi released from jail after posting $1.82M bond, plans move to Florida

Rapper Lit Yoshi was released from jail this week after posting a $1.82 million bond, court records show.

The judge also said Edwards, 22, must confine his movements to a 10-mile radius of the confidential address where he is staying.

East Baton Rouge Parish Assistant District Attorney Stuart Theriot had argued during a hearing Monday that Edwards was violating the terms of his house arrest and curfew by moving around the Miami area late at night, going to the beach and even riding jet skis.

“This is not a paid vacation,” Theriot told the judge.

Edwards’ attorney, Ron Haley, argued against a bond revocation or increase and said his client was merely confused over whether he was under strict 24-hour house arrest or a curfew.

Smith found that Edwards has committed technical violations of his bond conditions.

“Mr. Edwards, you sir are under house arrest,” the judge sternly reminded him. “I have concerns about you being out in the Miami area, especially the South Beach area. You are not to go to Biscayne Bay, South Beach. You’re not to get on a jet ski.

“You are not down there on a vacation. You’re down there for your damn safety,” he added.

Edwards is allowed to record music but cannot make any social media postings. He also cannot appear in any videos and is prohibited from having firearms at his residence.

Edwards previously received permission from Smith to move to south Florida. The judge said at that time that the rapper needs to stay away from Baton Rouge except for family emergencies and court dates.

Edwards, who wore a wrist monitoring device during his court appearance Monday, will return to court in Baton Rouge on Feb. 25.

He was freed from jail in early August after posting a $1.82 million bond set by Smith.

Edwards has pleaded not guilty to the seven counts of attempted first-degree murder stemming from two shootings this year that left three adults and two young children injured.

Baton Rouge rap artist Lit Yoshi pleaded not guilty Monday to multiple counts of attempted first-degree murder in two shootings, on April 6 an…

Law enforcement officers testified at Edwards’ bond hearing in late July that the shootings — a Juy 4 drive-by shooting and another shooting April 6 — were the result of an ongoing feud between the rival TBG (Top Boy Gorilla) and NBA (Never Broke Again) rap groups. Officers described the groups as gangs.    

Edwards is a member and “top enforcer” of TBG, officers said.

Baton Rouge rapper Kentrell Gaulden, who

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Mike Pence is taking a vacation in Florida, but he’s not going to Disney World

MIAMI — Being vice president is a tough job. Especially one who has just been voted out of office and is fighting to stay in it.



a person standing in front of a boat: Vice President Mike Pence disembarks Air Force Two at Kinston Regional Jetport Sunday, Oct. 25, 2020, in Kinston, N.C.


© SMG/Zuma Press/TNS
Vice President Mike Pence disembarks Air Force Two at Kinston Regional Jetport Sunday, Oct. 25, 2020, in Kinston, N.C.

So Mike Pence can’t be blamed for wanting a little R&R.

Where is he going? Florida, of course.

The vice president isn’t heading to President Donald Trump’s Mar-a-Lago in Palm Beach or Disney World near Orlando. According to the Federal Aviation Administration, the 61-year-old Indiana native is headed to Sanibel on Tuesday and will stay through Saturday.

Pence has reportedly vacationed in the area before, but not likely when a tropical storm is hanging around.

The vice president’s office didn’t immediately comment Monday about the getaway, so we will have to assume what he’ll do on his trip. We also aren’t sure if his wife, teacher Karen Pence, will be along for the ride.

We can be certain the itinerary will not include soaking up sun on the beach. Unfortunately, the weather on the Gulf Coast isn’t looking too hot. According to local weather reports, Tropical Storm Eta brought heavy rain, high winds and some downed trees to Southwest Florida on Monday.

A forecast for Lee County, where Sanibel is located, shows continuing showers and overall poor conditions through at least Thursday.

“Go ahead and secure anything you may have in your property that may be blown away, an umbrella, furniture, any signage, and just be prepared for about three days of poor weather,” Keith Williams, Sanibel’s director of community services, told TV station Fox 4.

On Saturday, when Pence is set to return home to Washington, D.C., the sun will be back out in Sanibel.

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Disney Vacation Club Reopening At Disneyland Resort

ANAHEIM, CA — Following an extended closure due to coronavirus, the Walt Disney Company announced that Disney Vacation Club would reopen the Villas at the Disney’s Grand Californian Hotel & Spa in December.

“The Villas at Disney’s Grand Californian Hotel & Spa will once again welcome Members home beginning December 6,” a spokesperson for the resort said in a letter to vacation club members.

“During this initial phase, the Disney Vacation Club Villas at Disney’s Grand Californian Hotel & Spa will be open only for Members,” they said.

The rest of Disney’s Grand Californian Hotel & Spa will remain closed.

Expect changes when you arrive.

“Upon reopening, restaurants, amenities and other offerings may be modified or unavailable, limited in capacity and subject to limited availability or closure,” they said.

There will be a little of magic for DVC guests, as Downtown Disney has promised a reopening of Buena Vista Street inside Disney’s California Adventure starting in late November.

There are changes, also to how Disney Vacation Club members can bank and use their points during this time of coronavirus, according to the resort.

Read:

Disney California Adventure Reopens Soon For Dining, Shopping

Learn more about phased reopening plans at The Villas at Disney’s Grand Californian Hotel & Spa.

Disneyland Resort is the final Walt Disney Co. property awaiting reopening in the midst of the coronavirus pandemic.

This article originally appeared on the Los Alamitos-Seal Beach Patch

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THRIVE program to assist sport and recreation clubs

Sporting and recreation clubs across Frankston and the Mornington Peninsula will be better able to support the mental health and wellbeing of their members through the delivery of the THRIVE program.

Successfully trialled in the education sector, THRIVE is designed to support young people to develop positive mental health and wellbeing, while using the principles of positive psychology.

Local clubs have an open invitation to find out how THRIVE can benefit them by attending a Zoom online briefing session on Wednesday, November 18, from 6pm to 6.45pm.

Mental health support is vital for sporting clubs, according to Josh Connell, THRIVE coordinator.

“Coming out of COVID-19, protecting the mental health and wellbeing of the community has never been so important,’’ he said.

“Selected clubs will have exclusive access to resources and receive a tailored approach to their club. Participation is free but places are limited.’’

Clubs have an open invitation to attend the briefing session. Register at https://www.trybooking.com/BMJYZ.

Rosebud players celebrate a wicket last season. Picture: Valeriu Campan
media_cameraRosebud players celebrate a wicket last season. Picture: Valeriu Campan
THRIVE will assist sport and recreation clubs to enhance wellbeing, performance, participation and a positive club culture.
media_cameraTHRIVE will assist sport and recreation clubs to enhance wellbeing, performance, participation and a positive club culture.

THRIVE is funded by South Eastern Melbourne Primary Health Network (SEMPHN) and is being piloted by the St Kilda Football Club in partnership with the THRIVE Collective.

Members of the Collective include: Langwarrin Positive Education and Community Network, Peninsula Health, Frankston City Council and the Primary Care Partnership.

The THRIVE pilot will facilitate capacity building and resource development to enable sport and recreation centres in the Frankston and the Mornington Peninsula to create health promoting environments, disseminate wellbeing resources and implement training in suicide prevention and mental wellbeing.

Details: Josh Connell, THRIVE Coordinator, 0424038133 or [email protected]

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Travel companies cheer Pfizer Covid vaccine news as ‘welcomed step’ toward return in demand

  • CEOs from major cruise lines and hospitality operators cheered Pfizer’s news about its vaccine efficacy.
  • “TripAdvisor has long believed travel will recover with vigor as soon as a vaccine was widely available. Today’s Pfizer news is a welcomed step in the right direction,” TripAdvisor CEO Steve Kaufer told CNBC.
  • “This is a very positive development for the world, and, of course, our company and our brands,” Carnival Cruise Line told CNBC.



a large ship in a body of water: Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus.


© Provided by CNBC
Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus.

Throughout the coronavirus pandemic, travel executives have been pinning their hopes on a Covid-19 vaccine saving their industry, which has suffered from the fallout of the health crisis.

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Following news Monday of Pfizer’s vaccine data showing more than 90% efficacy among participants without evidence of prior infection, CEOs from major cruise lines and hospitality operators cheered the breakthrough.

“TripAdvisor has long believed travel will recover with vigor as soon as a vaccine was widely available. Today’s Pfizer news is a welcomed step in the right direction,” Steve Kaufer, CEO of TripAdvisor, told CNBC over email.

Shares of TripAdvisor jumped 20%.

Travel executives are hopeful that an effective vaccine will speed up the timeline around when travelers will feel comfortable getting back out and about again.

While questions remain around the supply and distribution of a vaccine, the data from Pfizer was enough to fuel travel-related stocks to the top of the S&P 500.

“This is a very positive development for the world, and, of course, our company and our brands, as well as the cruise industry. It is too early at this point to determine the impact this may have on the conditional sail order in the U.S., if any,” Carnival wrote in an email to CNBC.

Carnival shares soared about 36% on Monday, on pace for its best day ever as a public company. It went public in 1987.

Richard Fain, CEO of Royal Caribbean, has often called a vaccine the “ultimate weapon” to tackling Covid-19. Royal Caribbean rocketed up about 28%, on track for its best day since March.

In the meantime, the cruise operators are working around the clock, setting up testing facilities for all crew and conducting simulated voyages with their new COVID protocols. Once deemed successful, CDC will provide the green light. Carnival, Royal Caribbean and Norwegian Cruise Line have suspended U.S. sailing for the remainder of 2020.

Norwegian Cruise Line reports quarterly earnings after the bell on Monday, where shareholders will want to know whether a January 2021 start-date is feasible.

Analysts also are wondering whether a new administration under the leadership of President-elect Joe Biden will result in different protocols for the cruise industry. The industry has received support from Vice President Mike Pence, who reportedly overruled the CDC’s decision to extend its cruise ban until February 2021. CDC lifted its no-sail order at the end of October and issued a framework for a Conditional Sailing Order.

Truist Securities Managing Director Patrick

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House Beautiful’s ‘Vacation Home Of The Year’ For Sale In LBI

LONG BEACH TOWNSHIP, NJ — This Nantucket shingle-style home is known to locals as “Xanadune.” Check the realtor.com listing for more photos.



a large brick building


© Realtor.com


  • Address: 155-C Long Beach Blvd, Long Beach Township, New Jersey
  • Price: $1,849,000
  • Square Feet: 3489
  • Bedrooms: 6
  • Bathrooms: 3 Full and 1 Half Baths
  • Built: 1994
  • Features: Awarded by House Beautiful as Vacation Home of the Year , locals refer to this home as Xanadune, this one of a kind Nantucket shingle-style home is just steps from the ocean in Loveladies. It pairs Studio Tagland design with Dan Cummings’ impeccable construction. Just third from the ocean, this reverse living home takes full advantage of its views. The 5-bedroom, 3.5 bath home features an office with additional queen size Murphy bed and is complemented by a screened-in porch, sunny and shaded decks, 2 car garage, 3 stop elevator, 2 spacious outdoor shower areas and private outdoor hot tub. Dock your boat just a street away at Robbie’s Marina. Bike into Barnegat Light for great shops and fresh seafood at Viking Village. You’ll make wonderful memories with your family here! 24 hours advance notice for showings.

This listing originally appeared on realtor.com. For more information and photos, click here.

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Rico Nasty Plots Release Date for New Album ‘Nightmare Vacation’

Rico Nasty has announced that her major label debut album, Nightmare Vacation, will be released on December 4th via Atlantic.

The LP will feature collaborations with Trippie Redd, Aminé, Gucci Mane, and Don Toliver, as well as production from Dylan Brady, Take a Daytrip, Avedon, and Tay Keith. So far Rico Nasty has released the album singles “iPhone,” “Own It,” and “Don’t Like Me” featuring Gucci Mane and Don Toliver.

The rapper told Rolling Stone that it was her most personal project yet, and described it as a “more evolved” version of her 2016 mixtape Sugar Trap. She’s also stated that there will be none of her trademark rock cadences on the album.

Nightmare Vacation follows Rico Nasty’s 2019 collaborative mixtape with Kenny Beats, Anger Management (which was included on Rolling Stone’s Best Hip-Hop Albums of 2019), and marks her first solo release since 2018’s Nasty. She also released the standalone single “Time Flies” in 2019, and was one of 11 rappers chosen for XXL‘s 2019 Freshman Class.

Along with prepping her own material, Rico Nasty has guested on a handful of tracks this year, including Kali Uchis’ “Aquí Yo Mando,” and 100 Gecs’ “Ringtone” remix, which also features Charli XCX and Kero Kero Bonito.

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Vice President Mike Pence going to Florida on vacation

Being vice president is a tough job. Especially one who has just been voted out of office and is fighting to stay in it.

So we can’t blame Mike Pence for wanting a little R&R.

Where is he going? Florida, of course.

AFP_8UJ34V.jpg
Mike Pence AFP/ Getty Images

VPOTUS isn’t heading to Trump’s Mar-a-Lago in Palm Beach or Disney World near Orlando. According to the Federal Aviation Administration, the 61-year-old Indiana native is headed to Sanibel on Tuesday and will stay through Saturday.

Pence has reportedly vacationed in the area before, but not likely when a tropical storm is hanging around.

The VP’s office didn’t immediately comment about the getaway on Monday, so we will have to assume what he’ll do on his trip. We also aren’t sure if his wife, teacher Karen Pence, will be along for the ride.

We can be certain the itinerary will not include soaking up sun on the beach. Unfortunately, the weather on the Gulf Coast isn’t looking too hot. According to local weather reports, Tropical Storm Eta brought heavy rain, high winds and some downed trees to Southwest Florida on Monday.

A forecast for Lee County, where Sanibel is located, shows continuing showers and overall poor conditions through at least Thursday.

“Go ahead and secure anything you may have in your property that may be blown away, an umbrella, furniture, any signage, and just be prepared for about three days of poor weather,” Keith Williams, Sanibel’s director of community services, told Fox 4.

On Saturday, when Pence is set to return home to Washington, the sun will be back out in Sanibel.

Celebrity/real time news reporter Madeleine Marr has been with The Miami Herald since 2003. She has covered such features as travel, fashion and food. In 2007, she helped launch the newspaper’s daily People Page, attending red carpet events, awards ceremonies and press junkets; interviewing some of the biggest names in show business; and hosting her own online show. She is originally from New York City and has two daughters.

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Why Hotel and Vacation Stocks Popped on Monday

What happened 

Shares of hotel and vacation stocks soared on Monday after Pfizer announced positive data from its COVID-19 study. Shares of Hyatt Hotels (NYSE:H) jumped as much as 26.8% and are up 20.7% at 3:30 p.m. EDT. Shares of competitor Hilton Worldwide Holdings (NYSE:HLT) were up 24.9% at their peak and are now up 12.7%. 

Vail Resorts (NYSE:MTN) and Las Vegas Sands (NYSE:LVS) own hotels, as well, but they’re much more concerned with overall travel spending recovering at their resorts. Investors pushed their shares higher by 23.5% and 14.8%, respectively, at their peaks. As of this writing, Vail is still up 11.3%, while Las Vegas Sands is up 9.7%. 

Bell at a hotel reception desk.

Image source: Getty Images.

So what 

The travel industry has been absolutely hammered by COVID-19 because of local shutdowns, as well as the general reduction in travel. Consumers aren’t flying as they did a year ago, and most companies have severely restricted travel. So it’s no surprise that any hope about a vaccine for COVID-19 will send the market higher and consumer discretionary stocks like these will be some of the biggest beneficiaries. 

Below is a chart that shows just how devastating COVID-19 has been for these companies. Revenue dropped over 90% versus a year ago at Las Vegas Sands, and Vail and was down over 75% — the worst for all four companies. There’s been some recovery in the second half of 2020, but they’re all far from “normal” operating revenues. 

IMAX Revenue (Quarterly) Chart

IMAX Revenue (Quarterly) data by YCharts.

The exact timing and magnitude of the impact of the vaccine on travel and hotel stocks aren’t known, but having some prospects for the end of the pandemic is certainly welcome news for investors. As I mentioned, revenue was already starting to pick up over the last few months, so if the risk of COVID-19 declines as the vaccine is distributed, it could accelerate the recovery. That’s the bullish case that investors are betting on today. 

Now what 

Is now the time to dive back into travel and hotel stocks? The vaccine may be good news, but we don’t know much more about how quickly it will be administered or when the business will get back to “normal” than we did last week. And if any bad news comes out, we could see stocks reverse today’s gains overnight. 

I don’t think this is a fundamental reason to change your investment thesis on these stocks because nothing has really changed today — except for the market’s sentiment. Bullish investors can breathe a little easier knowing that a vaccine appears to be on the way and enjoy the day’s gains. But this pandemic is far from over, so don’t get too excited just yet.

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