People often envy the stars for big houses, but keep in mind that these homes are expensive.
Buying furniture for 40 rooms, heating them, maintaining huge gardens is expensive. A team of people is needed to clean and maintain the home. One of the costs is insurance.
See what insurance the stars pay:
Paula Abdul
Abdul lived in a rather modest home in Sherman Oaks, California, while a judge at American Idol. The house has "only" 5 bedrooms and 4 bathrooms. The wonderful view of the canyons should also be mentioned. Her insurance was $ 15,000 a year.
Beyonce and Jay-Z
They both love huge houses with all sorts of possible extras. They prefer the east coast and New York. In their area, typical property insurance costs $ 150,000 a year and this does not cover all damages. Flood, for example, is not included.
Justin Bieber
For several months, he has been living in a rented penthouse on the entire top floor of a luxury building in Beverly Hills. Neighbors often call the police because of Bieber's noisy parties. He is a tenant and probably does not have a high insurance bill. In his former home, however, a mansion in Southern California, the insurance is estimated to be about $ 500,000 a year because he is in a high-risk area.
Matt Damon
Damon has several homes across the states, some in high-risk areas, such as Florida, where there are hurricanes each year. Experts estimate that Damon pays about $ 1 million a year for all his property.
Ellen DeGeneres
She often changes her homes. In 2007, she and her friend lived in an 854-square-meter mansion. The insurance for the year there is 750,000 dollars, which is a normal price for home protection for 29 million dollars.
Leonardo DiCaprio
DiCaprio's home has wonderful views from every room. The windows are huge and have special frames. Unfortunately, the home is located in an earthquake area, so the insurance for the year is $ 475,000.
Ed O'Neill
The actor, known as Al Bundy from "Married with Children", pays $ 40,000 a year.
Rihanna
Rihanna's last house was once an office building. It is located in California in an area where forest fires often occur. The home is valued at $ 10 million and its insurance is $ 300,000 per year.
Seth Rogan
He lives in California, but has chosen a safe metropolitan area rather than one with fire and earthquake risks. That's why his insurance is only $ 25,000 a year.
Stephen Tyler
The new home of the Aerosmith frontman in New Hampshire is insured for 1 million dollars! The reason for the high insurance is the proximity to a lake and the danger of flooding.
Source: Insurance.bg