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Answered 2009-03-18 13:30:00

The deductible applies to every individual claim.

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The amount of a policy deductible on a homeowners insurance policy is chosen by the policyholder. Your policy deductible is the amount you are responsible for paying before the insurance company will payout for a claim. If you experience a loss to your dwelling or your personal property, your homeowners insurance policy deductible applies. The deductible does not apply to other coverages on the policy. If you experience a loss under your deductible, you will not be eligible for a payout. If your loss exceeds your deductible, your deductible will be deducted from your claims payout check.


Slashed tires coverageYou will need to file the claim under your Auto Insurance policy. Your homeowners insurance does not pay for car damage. That's what auto insurance is for.


Your lawnmower is typically covered under your personal property portion of your homeowners policy, less your deductible on your policy.


No, You'll have to seek coverage for the Car under you Auto Insurance Policy. Now if the garage door was damaged then your Homeowners policy may fix it if it is below your deductible.


A standard insurance policy provides for deductibles (or excess) clause, i.e., a claim is settled by the insurer only in excess of the limits specified under this clause. The insured can buy supplemental insurance to cover a part or full of this "deductible" amount. This supplemental insurance is called deductible buy down insurance.


Homeowners insurance specifically excludes damage done to any four wheel motorized vehicles and motorcycles. Your only coverage for such is under an auto insurance policy and you will need to have comprehensive coverage for such a claim.


Sometimes it is, but coverage is subject to the policy provisions and deductible in your homeowners or renters policy. Make sure that you check with your insurance company.


You don't. The homeowner files the claim. The adjuster then reviews the claim to determine if it is in fact a covered loss under the terms of your policy.


Yes, 100% coverage if you covered it with a rider. If not, than a small % as allowed by your policy subject to your deductible.


It will be subject to your deductible and there might be some restrictions if the lawn equipment was used for your business, but otherwise yes! Lawn equipment is covered under your Homeowners policy under personal property coverage.


Yes. I used to work for an Insurance company in the claims department. It will be covered under the section "personal property" of your Homeowners policy. You will however have to pay your deductible. If the deductible exceeds the amount to replace the item, the company will not pay. If it costs more then your deductible to replace it, then the company should issue a check for the remaining amount. So if it costs $2000 and you have a $500 deductible, you should get $1500.


Yes, this would fall under a liability claim under your homeowners insurance. They are limited on how much they will pay out, depending on much liability you bought in the first place. Mark Owner of Denvers Insurance


Carpet DamageYes, if it was damaged due to a covered peril under your policy it will be covered.


Home Invasion and Homeowners InsuranceThat all depends. What did they steal? Is it covered under your homeowners Policy? If the stolen property is listed as covered under your homeowners Insurance then you should file a claim for the stolen property. If the door or window was kicked in or damaged then you can file a claim for cost of repairs.There is no coverage specific to a home invasion on your homeowners policy so there is no pay out for "home invasion" in and of itself.If you were injured firing the home invasion you will need to look to your medical insurance to cover the costs of related health care.


Since boilers are used in industries, they do not come under the purview of homeowners insurance and would rather come under Fire & Burglary insurance.


Yes, you can. However, ultimately it is the at fault party's insurance company that will pay for the claim. In such a case, you will file a claim under your collision coverage and be subjected to the deductible. Once the claim is settled, your company will subrogate the loss with the other company(i.e. get reimbursed). Once that happens, you will be provided your deductible back. If you go through the at fault party's policy, you would file the claim under the property damage of the policy.


Yes. Under some circumstances the insurance company would "absorb" the deductible if the claim for that particular line of coverage exceeded that policy limit. Also, there are some policies out there that do not have a deductible if it is "scheduled personal property", e.g. Rolex Watch, Musical Instruments, Oriental Rugs.


Yes. Health insurance premiums are tax deductible to an individual under IRC Section 213(d).


No, Homeowners Insurance covers houses.Auto insurance covers cars.Answerno, autos are not covered under the homeowners - contact auto comprehensive insurer


Yes but there is no coverage for the vehicle under the homeowners policy.


No insurance for past claims, unless you had a policy during the time of loss that is now expired. Can sometimes be covered under a homeowners policy depending on the size of the boat.


No. Homeowners Insurance does not cover Domestic WorkersDomestic workers are covered under the Workers compensation insurance paid by the employer


No. Automobile-related occurrences are not covered under homeowners insurance. In fact, they are expressly excluded.


Yes, Garages both attached and detached are typically covered structures under your homeowners insurance policy.


No, vehicles are only covered under auto insurance policies. Homeowners insurance policies provide no coverage for automobiles.



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