Picture this: Oldest child needs a place to store a few things while he works in the wilds of British Columbia as a grizzly bear guide. He takes some stuff with him and leaves a bunch of stuff here. But said kid doesn’t live here most of the time, even though this is his permanent address, so whose insurance is supposed to cover his stuff in my basement? And if some of their stuff is with him somewhere else for six months, how is that stuff insured? Most importantly, how do I ensure his stuff will someday leave my basement again? Basements are notorious for kid seepage. It can be highly damaging to the parent-child relationship though I am fairly sure there is no insurance for that problem.
Change of the Day: Call an insurance agent to clarify when oldest child’s stuff will be leaving again. And, ask who covers what for how much in the meanwhile while hoping all the while that it isn’t me.