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Do you have to notify your home insurance company if you decide to rent your home to someone else?
Wiki User
∙ 15y ago
Yes, since the situation has changed. Also, you want different coverage such as loss of rent. For example, if there is a fire and your tenant cannot stay at the home, they are not paying rent. By having such coverage, the insurance company provides you with compensation of the loss rent. Also, you can face action from the company by purposely not notifying them of the change.
Wiki User
∙ 15y ago
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Does mortgage company know the change of the homeowner insurance to landlord insurance?
Your Insurance Company is required by law to provide a copy of insurance policy at renewal time to your mortgage company and to notify them of any endorsements or changes in coverage. They may Notice it if they review your policy.
How do you find a life insurance company Eastern Life Insurance of New York The company may have merged?
Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the NY Dept of Insurance and inquire there.
Which insurance company took over Atlantic Life Insurance Company of Richmond Virginia?
Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the VA Dept of Insurance and inquire there. I'll add that thanks to the info i inquired and found out that jackson ins co took over for atlantic of richmond virginia.
Can a homeowners insurance policy drop the policy if no one is living in home and it is on the market to be sold?
Yes, If you have not the insurance company and endorsed the policy to vacant as required and they discover the vacancy they can cancel immediately and void all coverage retroactively to the date it became vacant. It's in the contract. Same if you rent it out and don't notify them.
Does a homeowner have to tell the insurance company that they rent out the basement?
Yes you are required under the terms of you insuring contract to notify your insurer of any change in occupancy lasting greater than 30 days. Should you fail to do so and a claim arises, and the insurance company finds out that you have transformed the property or parts thereof to tenant occupied, The Insurance company can retroactively declare your policy null and void due to concealment of a known risk even if a claim has already been filed and can deny any and all claims whether property claims or injury claims.
What happens if someone sues you because they fell on your property?
Contact your homeowner's insurance company immediately and notify them of your situation.
Is the insurance company required to notify you if your employer cancels the company policy thereby cancelling the employee coverage?
No. The Employer must notify you.
How do you deal pet insurance company when they commit fraud?
Notify your state department of insurance
Should a life insurance company notify funeral home when a claim is filed?
In the UK there is no onus on a life insurance company to notify a funeral director of the existence of a life insurance policy, that is a matter for those handling the deceased's estate.
Do you need to notify your insurance company that your husband has started back smoking?
No.
Does an employer need to notify employees of health insurance changes?
Yes, unless the Insurance Company is doing it.
Who do you notify when involved in an accident?
Medics , police, insurance company, family are to be called.
If you are involved in a minor collision and the police respond do they report the accident to the appropriate insurance companies?
No, the police never notify insurance companies of accidents or tickets. It is the responsibility of the insured party to notify their insurance company.
What is the longest amount of time one has in which to notify insurers of damage?
Whenever damages occur on a home or a vehicle, it is best to notify your insurance company as soon as possible so that they may begin processing your claim. However, life often gets in the way and individuals struggle to notify their insurance companies when there is a need. It is necessary to notify the insurance company before your next billing cycle occurs.
Who must the car insurance notify anytime you renew your car insurance?
The auto insurance company would notify the policy owner when the policy renews. If you have any vehicles financed and have provided the company with the correct mailing address and loan numbers they will also notify them of your renewal. Many states have an automatic notification system so that the company also notifies the State Department of Motor Vehicles of insurance or insurance cancellations so that the State knows if your insurance is valid as well.
If life insurance policy has lapsed how do you get reinstated if the life insurance company didn't notify you?
It depends on the company and your age. They are not required to notify you of your policy lapsing. Contact them and ask them what you need to do to get it reinstated. If it has been too long, you may have to reapply.
How many day do you have to notify your insurance company after buying a used vehicle?
2 days
