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A homeowners policy is meant to protect the homeowner from losses. If it is a replacement cost policy, it is written to replace the home with like kind and quality in the event of a loss. It is to recoup losses, not profit the insured.
AnswerIf you could profit, it wouldn't be insurance, it would be gambling.
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∙ 11y ago
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If your insurance company drops you before a claim is settled how do you get insurance coverage on your home?
They should not drop you before a claim is settled. If they have contact your state department of insurance and file a complaint.
Can you get liability insurance on land only and not on a home?
Yes, Land owners can and regularly do obtain insurance to cover potential liabilities
Other than health insurance what types of insurance does USSA offer?
This company offers a variety of insurance types besides health insurance. These include auto, home and property insurance. They claim to have affordable and reliable insurance plans and will provide a free quote.
Will a claim be paid if insurance is in one name and home is in another?
No, most likely the claim will not be denied. If the owner of the home is not listed on the policy as an insured then the owner is uninsured and the company must by law deny payment of the claim. Every Homeowners Insurance contract requires disclosure of the legal owner at he time of application. If the property changes ownership during the policy term the Insurance Policy is automatically null and void at the moment ownership changes. The new owner has to make application and qualify for their own Insurance Policy. It is against the law to insure a home or property in which you have no insurable interest.
If property is unoccupied could a claim be rejected?
Most insurance companies will not insure a vacant home. There are provisions depending on how ling you have been out of the home. Check your policy.
Can you claim on your income tax the detectable from your home owners insurance?
No.
Can I sue my neighbor for filing fraudulent claim against my home owners insurance?
It is up to the insurance company to seek damages, not you.
Will premiums go up if a claim is filed against home owners liability insurance?
You better believe it.
Can you make a claim on your home owners insurance if a tree is causing your roof to get soft spots and gather moss?
Probably
What can you do if you do not have the money for the deductible for your home owners insurance claim?
You can either borrow money or what to get the repairs done until you have your deductible.
I filed a claim with my Home owners Insurance Texas-Farmers Insurance and I wish to do the work myself instead of a contractor to save money then how much does Farmers pay owners for hourly wages?
probably none.
Your niece drove into your garage door w her car and did 1k damage to the garage should your niece claim it on her auto policy or should you claim it on your home insurance?
Since it was caused by the vehicle, the vehicle insurance should cover it. Most home owners insurance companies would probably make a claim against the auto insurance company, if they covered it.
What is home owners insurance?
Uhmm,, Let me Guess? Is it Insurance that covers an owners HOME perhaps?
How can I find out more details about making home warrenty insurance claims?
You can contact the agency that holds your home owners insurance policy to ask them how to file a claim or claims. Each company has its own policies on how to do it.
Is Auto Owners Insurance Company a parent company of Utica Mutual Insurance Group?
No. Auto-Owners is the parent company of Owners Insurance, Southern-Owners Insurance, Property Owners Insurance, Home-Owners Insurance, Auto-Owners Life Insurance. They have no affliation with Utica
Who would I turn a claim into if a rock from my mower hit and dented another persons car?
You wouldn't unless you have insurance on your lawnmower.
Is content insurance just like home owners insurance?
Content insurance differs from home owners insurance in the type of polocies offered. While home insurance concentrates on the actual home structure, content insurance concentrates on personal possesions within the home.
