On fireworks, insurance, easier home loans for student loan borrowers

Fireworks raise insurance questions.

Happy Third of July! Here are three hot real estate items: on fireworks and homeowners insurance; on making it easier for people with student loans to qualify for a mortgage; and on the gazillion dollars (OK, just billions) worth of property in Oklahoma County.

Fireworks at home and insurance

From Oklahoma Insurance Commissioner Glen Mulready, something I’d never thought about since my place-on-ground-light-fuse-and-get-away days are pretty much behind me:

“Any injuries caused by fireworks to yourself or your family will likely be covered under your health insurance,” he wrote in a column. “In addition, your homeowners insurance would cover any injuries caused to someone else.

“Usually, the liability will pay that person’s medical bills and legal expenses up to the policy’s limits. Always check with your insurance agent to understand your policy coverage.”

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