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What else can I help you with?
Do I need to purchase rental insurance for living in furnished apartments?
This depends on your landlord. Even if your landlord doesn't require renters insurance, you should buy a policy anyway, since you're going to have stuff of your own in your apartment.
Can claiming a life insurance policy affect unemployment benefits?
Generall not since unemployment benefits are related to earned income from losing a job.
How many life insurance companies have failed since 1900?
None. Life Insurance Companies never fail. If they get into trouble another life insurance company will take over the assets and liabilities of the troubled company. This is an industry approach so that the public will maintain it's confidence in the life insurance industry. It benefits the people in that they will never loose out on benefits due to a family on a life insurance policy and it benefits the industry in that the public maintains confidence in the system.
If you have PLPD and your car is totaled in an accident that is not your fault will the other drivers insurance cover your damages?
I have PLPD insurance and was in an accident that was the other driver's fault. The lady's insurance paid for the damages, around $3000 which was the blue book retail value of the car, and they paid for a rental car for a short period. Since I had PLPD insurance, I had to pay for extra insurance on my rental vehicle, $12 a day extra, that their insurance would not cover and came out of my own pocket.
Should Landlord pay for common hallway lighting?
A landlord should pay for the common hallway lighting since it is used by all tenants. The landlord can be asked to pay by sending a certified letter from an attorney.
Are life insurance benefits part of a will?
It will state on the life insurance policy the name of the person or persons who are to receive the death benefit. Since a life insurance contract is a legal document, the insurance company is required to carry it out exactly as stated in the policy. The money may be argued over from that point, but the will cannot dictate where the money from a life insurance policy goes.
Discuss the costs and benefits of renting a place to live?
many people feel that renting is a waste of money since you are putting it in the pocket of the landlord and property owner. The benefits of renting include being able to move when you need or want to and not having to cover the cost of major repairs to appliances or a broken furnace.
What can you do if your insurance company is invoking lifetime limit?
You can receive any final benefits available and you can purchase a new policy since the lifetime limits have been exhausted on that policy.
What is umbrella liability insurance?
So does that mean you cannot get an umbrella liability policy without having some primary coverage first? I am a landlord. Let's say I am not concerned about property damage or fire loss, just liability. Is there any type of insurance I can buy just for liability? _____________________________________________________________________________________________ In answer to your question, by its very nature, there has to be underlying coverage in order to have an unbrella policy. Otherwise, there is nothing for the umbrella to supplement. Different insurance companies have different underwriting requirements as to the amount of underlying coverage you much have to get an umbrella of a stated amount. Since you are a landlord, and presumably want coverage on the rental property, you may want to look into a Commercial General Liability insurance policy. It is a broad form of policy that covers an array of risks. Only a licensed insurance agent can advise you on what is best for your needs. However, since it is rental property, I do not understand why you would not want insurance on the property itself, such as fire insurance, unless the property is uninsurable. --Luke Brown
What are the benefits to 30 year term life insurance?
You are more likely to be able to case in the 30 year since the time frame is longer. There may also be smaller payments.
Divorced-mom and kids in one town dad in another. dad buy extra car for kid to drive daily. dad doesn't put kid on insurance since mom had kid on her insurance. kid gets into accident is he covered?
yesokay how old are you
What type of insurance should a landlord have on a rental property?
Homeowner's insurance (since the landlord is the homeowner) with a clause that specifically includes the use of the property as rental property.Additional inclusions might need to be added to address things like potential theft of appliances and damage to the property by the tenants (which could easily exceed many times the value of the security deposit).------------------Each piece of property owned must be insured separately. Thus a homeowner's insurance is for the owner's own home occupied by him/her and family. Most rental properties are insured only for liability and replacement value. You cannot mix homeowner's policies with rental policies.Most landlords strongly recommend that tenants have a tenant's insurance policy in place covering only the tenant's belongings. The landlord is never liable for the tenant's belongings.
