Understanding Ensuing Loss

Understanding the “Ensuing Loss” Clause in your All Risk Insurance Policy

An all risk insurance policy provides coverage for all risks unless the specific risk is excluded. For example, if an all risks homeowner’s policy does not expressly exclude flood coverage, then the house will be covered in the event of flood damage. Some exclusions may include “ensuing loss” clauses. An ensuing loss clause limits the…

Repair Contractor Gear

Don’t Let One Disaster Lead to Another: Tips on Selecting a Building Repair Contractor

Selecting the Contractor 1. Use your resources. Seek referrals from your friends, family, neighbors, and co-workers, but DON’T STOP THERE.  One good reference is not enough. Search for contractors on the Better Business Bureau website. Search for reputable contractors with the National Association of Home Builders and the National Association of the Remodeling Industry. Never forget…

New Homebuyer House

Caution to Homebuyers! Don’t just accept the builder’s proposed contract or “warranty”

If you’ve explored buying a new home recently, you are undoubtedly familiar with the many articles and press accounts that have appeared over the past few years regarding the battered state of the residential real estate market.  There is a glut of inventory of new homes that stretches across the country, and Washington is no…

Construction Site

Court of Appeals upholds contingency component of construction defect repair costs

In a recent, unreported decision, Division III of the Washington Court of Appeals upheld a trial court’s award of damages to a homeowner that included a $26,000 “contingency” to address unforeseen problems that might be uncovered during the repair work. Although not a reported case, the decision is very instructive and interesting for homeowners who…

New Homes Ready for Purchase

Buying a Home: An Introduction

As you know, buying a home, whether it’s your first or your tenth, can be a very stressful experience. The buying process will arouse emotions that you didn’t even know you had. Are you looking for a new home because you are relocating to a new city, or are you moving to get into a new neighborhood? Do you view a home purchase as a form of investment, or just a home? Do you think bigger homes are better investments?

California Contractors

Important Notice for California Contractors

Is your company licensed? Did you know that contractors are required to be licensed and bonded in California? Perhaps you do know thatcontractors are required to be licensed, but you may not be aware of who, exactly, is considered a contractor under the law. For example, it might surprise you to learn that in California, not only are general…