Asked in InsuranceHomeowner's Insurance
Can you get personal liability insurance separate if your home is insure by NY property Ins Assoc?
Asked in Insurance
Understanding Personal Liability Insurance?
Personal liability insurance is important standard homeowners and auto insurance policies do not cover claims against individuals that result from catastrophic situations or in legal decisions. Without this kind of insurance, every individual can encounter serious financial harm if they are ever found to be responsible for extreme injury or property loss. Most insurance agents have the ability to write policies for personal liability, so does he are interested in this type of coverage should ask the agent next as they review their policy. Before purchasing separate personal liability, the insured person should first make sure they have as much personal liability coverage through their automobile and homeowners insurance policies.
Does landlords liability insurance cover damage to your property when building floods due to landlord negligence?
You must review the actual policy, but in most cases the landlords liability insurance only covers their property and NOT your personal property. You should probably get your own policy through travelers insurance for liability, and persaonal property. Make sure it includes flood/water damage as this would likely be a separate rider. Landlord Negligence would be a lawsuit to recover your property value. Seek advice from an attorney.
Asked in Insurance, Homeowner's Insurance
Is your personal property insurance added to your homeowners insurance?
Most standard insurance carriers' homeowner packages cover the dwelling structure, separate structures, personal property, loss of use, personal liability and medical payments. However, there are many different forms of homeowners type policies. If you have a basic, HO1 (ISO), then your property may very well not be covered. The best thing to do is get a copy of your policy and check. If it is not covered, you should be easily able to find a carrier who will cover property as part of the policy.
Is comprehensive insurance covered with liability insurance?
Does a personal guarantee on a commercial loan appear on a credit report and are they liable for personal injury on the property being purchased?
Asked in Insurance, Auto Insurance
Where can a twenty year-old obtain cargo insurance for pulling a trailer?
If it is business property like gardening equipment, you can cover it under personal property which is separate from your auto coverage. If you rent and have personal property coverage, they should have a limit for the business property on that policy. If it is stuff you sell it would still be business property and they usually cover about $2,500 worth both on and off premises. Check with an insurance agent for a quote.
Asked in Professional Liability Insurance
Do you provide professional liability insurance?
Sure. Depending on your occupation professional liability can be added as a rider to a businessowners policy. Often times professional liability will be a separate policy. I recommend that you contact a good independent insurance agency that represents several insurance companies so they can find you the best policy for your needs at the best price.
Asked in Insurance, Homeowner's Insurance
Does Encompass Insurance sell home insurance policies?
What is cost segregation used for?
Asked in Apartments and Home Rentals, Insurance
Does home insurance cover stolen items from an unlocked apartment that I am co-renting?
First, why is the apartment unlocked? An unlocked apartment can look suspicious to an insurance company. Whether or not the apartment was unlocked, insurance companies are primarily interested in the police report. The police report will determine if there is any indication of fraud. Second, your items may be covered at up to 10% of the personal property coverage on your home insurance policy. Example: if your home insurance covers personal property contents at $100,000, then you would have up to $10,000 for personal property at another residence. However, b/c this is a secondary residence your items may not be covered b/c you are expected to have a separate secondary insurance policy.
Asked in Landlord-Tenant Issues
Is a Section 8 Landlord required to have insurance?
Every landlord is required to have insurance, but now the question is what type of insurance. Property insurance is likely the type of insurance that the landlord is carrying. This does not cover anything inside the property that belongs to the tenant. For this, the tenant needs to purchase separate insurance called renters insurance.
Is property acquired before marriage in a community property state considered to be community property?
Property acquired prior to marriage is separate property and remains separate unless the spouse is granted on title and contributes to the mortgage payments from community funds, then they acquire an interest in that separate property in proportion to their contributions. Paying insurance taxes, utilities is not considered a basis to make the property community.
Does operating unsafe commercial vehicle go against your personal insurance?
Is aircraft insurance provided under a general liability policy?
Asked in Divorce and Marriage Law
What is the definition of a non community property state?
Asked in Social Security
IS SOCIAL SECURITY DISABILITY SEPARATE PROPERTY IN A DIVORCE IN TEXAS?
Asked in Life Insurance
If insurance policy states one beeficary what happens with multiple people on a will?
Asked in Business & Finance, Business Law
Will my Partnership firm have a separate legal identity?
No, a Partnership firm has no separate legal existence of its own i.e., the Partnership firm and the partners are one and the same in the eyes of law. Liability of the Partners is also unlimited, and the partners are said to be jointly and severally liable for the liabilities of the firm. This means that if the assets and property of the firm is insufficient to meet the debts of the firm, the creditors can recover their loans from the personal property of the individual partners.
Asked in Business Accounting and Bookkeeping
Can you discuss the separate entity assumption?
If you get married will your husband automatically be co owner of your house?
Generally no. In a separate property state property that is in one name remains the property of that person. In a community property state property acquired prior to marriage remains separate property. If you have questions you should consult with an attorney in your area who can review your situation and explain how to keep your property separate. Generally no. In a separate property state property that is in one name remains the property of that person. In a community property state property acquired prior to marriage remains separate property. If you have questions you should consult with an attorney in your area who can review your situation and explain how to keep your property separate. Generally no. In a separate property state property that is in one name remains the property of that person. In a community property state property acquired prior to marriage remains separate property. If you have questions you should consult with an attorney in your area who can review your situation and explain how to keep your property separate. Generally no. In a separate property state property that is in one name remains the property of that person. In a community property state property acquired prior to marriage remains separate property. If you have questions you should consult with an attorney in your area who can review your situation and explain how to keep your property separate.
Know The Florida Liability Insurance Laws?
Liability insurance is not required in its base form in the state of Florida but PIP is mandatory. The coverage amounts are given as liability protection and are included in every insurance quote given to Florida drivers. Florida is considered a no-fault state, meaning that insurance must pay for injuries suffered by all individuals involved in an automobile accident regardless of who is at fault. Property damage insurance in Florida is known as PDL or property damage liability coverage. Obtaining Required Insurance In Florida All vehicle operators must carry PIP and PDL when driving in the state of Florida. Those who live in another state do not have to obtain temporary insurance when driving within state boundaries, but anyone moving to Florida must transfer their policy within 90 days after arrival. The amount of PIP and PDL insurance purchased must meet state minimum requirements. These amounts are $10,000 for costs related to bodily injury, $20,000 to cover injuries to all persons per accident and $10,000 to cover property damage. Property damage liability insurance covers the costs to repair a vehicle or property damaged in an accident caused by the insured. It does not cover expenses for the at-fault driver's own vehicle. Separate collision insurance would have to be purchased to cover this expense unless the damage is caused by another driver. Payment On Claims Florida law requires insurance companies to pay these costs regardless of who is at fault in an accident. This means that medical bills for most types of treatment will be paid immediately. It is the responsibility of the injured party to inform a health provider about the insurance carried. After all medical bills and vehicle damage costs have been paid, insurance companies representing all parties involved in an accident will determine what monies are exchanged between them in regards to fault. The law does not allow PIP or property damage liability rates to increase if the non-fault party files a claim. This is one of the major benefits of Florida's auto insurance requirements. Unlike regular liability insurance which can become costly if an individual is involved in repeated accidents, PIP insurance premiums cannot be increased by the provider if the party is deemed not at fault. Affordable PIP and property damage liability insurance can be located using an online comparison site. These companies take basic information on the driver and link it to numerous insurance companies. Drivers can add optional insurance types and build a policy from scratch. The initial quotes given are subject to change depending on the driving history of the individual and the type of car being insured.