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2015-06-05 08:06:42
2015-06-05 08:06:42

Preexisting Home Damage

Most states only allow a maximum 2 year delay in filing a claim.

There is no such thing as a retroactive claim. Homeowners Insurance policies "Do Not" cover preexisting damage and the claim should be filed with the Insurance company that was covering the home at the time the damage occurred.

Other answers

Most do however it depends upon the claim and what state you are in. Also the period of time cannot usually be over 12 months.


Related Questions

Pre-existing home damage.Retroactive in what way? the state of Kentucky?Homeowners Insurance Policies do not cover preexisting damage to a home.

There are many websites that allow comparing of homeowners insurance policies. Among them are Ins Web, Top Ten Reviews, Net Quote, Floir, Yahoo, and Home Insurance.

Stolen Laptops and Home InsuranceNo, homeowners Insurance only covers theft of the Named Insured's property, not the property of others. Refer to the "Personal Property" coverage section of the policy.More sSome policies may allow a homeowner to elect coverage for the property of others while it is on the residence premises. If the laptop is the only item stolen, the policy deductible will apply.On theft claims, the company will be looking to see that a police report of the break-in has been filed. In addition, your friend's claims experience with his insurance company can be negatively affected resulting in increased premiums. The insurance company could non-renew his policy if he has several claims of this type.

Multiple losses on any policy will guarantee a cancellation. A cancellation on a home insurance policy will pretty much guarantee that you will not get another homeowners policy at anything close to a reasonable rate. Also, you can be assured that no company will allow you to purchase jewelry floater policy either. I hope your state has an insurance pool for those who can't buy insurance in the private sector.

Many insurance companies allow you to file claims online. Visit your insurance company's website to find out more.

Some common rating factors which will differentiate homeowners and the amount they pay for their insurance are:Claims History Companies will look at the total number of claims and the type to determine if they will even offer coverage at all. If coverage is offered and there are a lot of claims, there will probably be a surcharge base on the number and types of lossesTheft being their most hated type of claim as it is often times the most fraudulent.Some States allow credit checking - the argument being that somebody who takes care of their financial well-being is more likely to take care of the other areas of their life, as well (I'm not saying I agree, but that is the argument).Whether or not you have multiple types of policies for multi-line discounts (i.e. auto insurance & life insurance from the same company you have your home insurance with).Hope this helps!

This will be up to the adjuster. Sometimes they will allow you to do this if you are qualified to do so and you agree to the estimate that the adjuster comes up with.

As long as you have not received payment and cashed the check you can always tell your agent or the adjuster that you wish to withdraw the claim. It should not be an issue with the company unless they finished the claim and closed the claim but even then they may be agreeable to allow you to withdraw if you wish. These days you only want to make claims for larger claims. Insurance is not for small claims and it can actually do you more harm than good to make small claims. Insurance companies track amount of claims as well as frequency of claims and either can hurt your record.

It is called a Personal Articles Policy or Rider depending on the company. You need to get your artwork appraised and then contact the company that provides your renters or homeowners insurance. Your artwork is covered in case of fire, etc under Coverage B of your normal homeowners or renter's policy, but a personal articles policy will allow for your artwork to be covered for all perils

You need to talk with your adjuster about the situation. The claims adjuster can allow you to withdraw the claim. I don't understand why you would file a claim, then want to withdraw it. If you have an agent, perhaps the agent can also assist you with the situation.

What is the qickest way to prepare for a job interniew involving property and casualty insurance? I really need to know exactly what is P&C and how it is investigated. What is property and casualty claims adjusting? An insurance claims adjuster is hired by an insurance company, independent insurance adjusting agency or the policy holder to settle property and casualty damages or loss. A good example of property and casualty claims adjusting would be hurricane Catrina. Thousands of homes, cars, and valuables were damaged and lost. In order to help home insurance policy holders rebuild their homes, insurance companies send in the insurance claims adjusters to settle how much damage occurred and decide how much money will be required by a policy holder to cover the damages. Many times insurance companies prefer to contract independent insurance adjusters to ward off any suspicions that the insurance company may have a hand in having the adjuster estimate the loss to be a lot less than it actually might be. If the settlement leads to a dispute, a policy holder may hire a private insurance adjuster to re-evaluate the initial claims assessment done by an independent insurance adjuster or one who is an employee of the policy holders insurance company. What is the fastest way to get an insurance property and casualty claims adjusting job? Take an online insurance claims adjuster training course and exam with an approved provider in your state. The online exam which is followed by the course, will save you time from waiting to schedule the state exam and appear for it. Once you have taken the online adjuster license course and exam, your credits will be reported by the provider to the Texas Department of Insurance and you will be free to find a job in your state. The good thing with Insurance property and casualty claims adjusting is that you can go from state to state and there are no limits to how many claims you can adjust as long as you satisfy the state licensing requirements. Example, the Texas Insurance Claims Adjuster License will allow you to work in about 30 states apart from Texas because of it's licensing standards. You can start applying to insurance companies, independent insurance adjuster agencies or become a private insurance adjuster.

Yes, Your Homeowners Insurance Policy can provide for Legal Defense costs in certain types of legal actions that seek liability claims against the insured. especially if a suit has arisen out of home ownership. Contact your Insurance Agent if you have one, otherwise the company 800 number and enquire. A description and a little detail could quickly allow your insurer to advise of available coverage under your policy. Additional Coverage exceeding and supplementing to your Auto and Home Insurance may also be available to you if you have a Personal Umbrella Policy in Place.

Up to age 18 for the mother to file, and one year later for the child to file. The retroactive amount I believe is four years, if approved. In this regard, some states allow filings up to 23 years for up to 18 years retroactive. The average is five years.

This is a question best answered by your insurance agent or a call to your insurance company's 800 customer service phoneline.A bit more:Unless the insurance regulations have changed since I was a licensed auto and homeowners insurance agent: If your child is of legal adult age and not living with you, then no, you don't add him to your policy. Actually, many insurance companies wouldn't allow you to include an adult child (or any other adult) who does not live with you to your auto insurance policy.

The insurance company can only take action as premitted by the state in which it operates in. So, if your state, allow such action, then it is legal. The reason why, in this case, it would be warranted. The insurance company had a legal contract with the deceased. Once you pass away, then the legal obligation ends. Also, the risk has changed as a vacant home is more prone to claims than an occupied one. Most company provide coverage on vacant home as an accomodation for their clients. However, it is hard press to find a company to take a vacant home as a new policy.

Price comparison websites allow you to compare different insurance quotes from many different companies in one place. These websites allow to compare different types of insurance such as car insurance, home insurance and travel insurance.

All US states allow insurance companies to sell and provide domestic partner coverage.

Your pet policy is best written to include residents, which would include tenants. Denying tenants rights that a resident owner enjoys can set up a class system in a community, which damages everyone.

There are several different companies that will allow a person to buy building insurance. Nationwide and Halifax are two that allow such insurance to be purchased or added to your existing account.

An insurance company covers damage to the property if you bought a Homeowners Insurance Policy. They cannot force you to do anything except to pay for the coverage. A landlord of a house you live in, or a condo association can force you to pick up damaged patio cover because it is unsightly and ruins the look of the Condo. Read the Association Laws.

Double indemnity can be added to an insurance policy to allow the insured to receive a higher benefit.

One can give a list of advice to first time homeowners. One important thing for first time homeowners to do is to never miss a mortgage payment. This will build one's credit score and allow them to refinance if it is needed.

Insurers Home InspectionsOnly if you "want" to renew your policy. All homeowners insurance policies contain language wherein you agree to occasional home inspections. These are normally scheduled around renewal time. refusal of the Insurers right of inspection can result in non-renewal or cancellation of your policy.

India's regulations does not allow pet insurance for the time being. Lets hope for the best India's regulations does not allow pet insurance for the time being. Lets hope for the best India's regulations does not allow pet insurance for the time being. Lets hope for the best

Sure, If your Insurance Agent feels you are under-insured they can and are actually obligated under ethics legal duty to advise you to amend or upgrade your coverage. If you are in an under-insured situation and refuse to rectify it, your agent may even recommend cancellation of the policy in that an agents ethical requirements under the law may not allow the agent to facilitate an under-insured risk.

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