Not necessarily. In some cases, providing a receipt for the item to be covered will be enough for the insurance company. However, it all really depends on what the company's requirements are.
Yes, in the state of Ohio, it is required for you to have insurance on your home and its contents. This is also true for auto insurance.
One can purchase unoccupied building insurance from most companies that offer home insurance, and it will offer cover for fire or water damage as well as contents insurance if required. Moneysupermarket or Compare The Market are good comparisons sites to find a quote for this kind of insurance.
There are a number of types of insurance that do not require a medical exam to be taken. These include house and contents, car and mobile phone insurance. Typically a medical exam is required for life insurance. However there are still many financial institutions that offer life insurance without a medical.
No, boat insurance is not required in Texas.
I am a Insurance Agent in Ohio and yes insurance for a motorcycle is required in Ohio.
Car insurance is required in Massachussets.
Grange insurance is an insurance company and is not specifically required to operate a boat. Boating insurance is however required in many areas. Check with your local laws on insurance requirements.
Minimum coverage is the minimum amount of insurance required by law. Full coverage is the full package from the insurer, insuring everything they offer to cover.
The owner of the property is required to have property insurance if the property is mortgaged or used as collateral in other transactions. This insurance covers the structure, its replacement, accidents or damage that occur on or as a result of the property and so forth. It does not cover the contents of the home that belongs to the renter. The occupant is responsible for renter's insurance, which, depending on the nature of the policy, covers different things. There is no requirement that a renter have renter's insurance. You should, however, make sure the property owner has coverage.
Absolutely. The lessees carry insurance on their contents only. The building owner carries insurance that covers the entire structure in the event of catastrophic loss. * * * The answer above is only partially correct.The terms of the lease control the obligations of the parties with respect to insurance. In the absence of a specific agreement, neither party is required to have insurance.
Small businesses are not actually required to supply insurance if they can't keep up with the sufficient amount required to have insurance. It is possible to have insurance if you do want to have your business backed up financially.
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