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A home without a solid concrete foundation will probably not qualify for an HO-3 form homeowners policy. However, a home like this is most likely an older house where the HO-3 would probably not be the best policy for this home anyway due to the requirement for replacement cost. In order to write a HO-3 policy you must insure it for at least 80% of the full replacement cost of the house. If the amount of insurance falls below 80% and a claim is presented then there will be a penalty and only part of the claim will be paid. Replacement cost means to rebuild the home exactly like it was when originally built with similar material. On an older home this is extremely high due to the cost of similar material. For this reason, you would want to write a HO-10 or HO-8 policy for these older homes as it is a actual cash value policy instead of replacement cost.
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What insurance companies will provide homeowner or condo insurance for a rental condo without having to insure your primary residence in my case rental insurance?
Your local insurance broker can answer your question.
Will an insurance company insure a property without a certificate of occupancy?
no it will not
The flat above me flooded their flat which damaged mine but they do not have a policy and have offered cash Will I lose money making a claim against someone without home insurance?
Why would you file a claim against someone who is already offered to pay your claim in cash? That makes no sense at all. If they are liable for your damage then they are required to pay you for that damage. The law does not care if they pay you themselves or if you get paid by their insurance company so long as they pay you. Attempting to get paid twice, that is obtaining payment from the homeowner and then again by the insurer is a crime. Its called Double indemnity and is a form of Insurance fraud.
Can a spouse change a life insurance policy without letting the other spouse know?
No
Who is the owner of reliance life insurance company?
Reliance Life insurance company is owned by Reliance Capital (ADAG -Anil Dhirubhai Ambani Group) and it's only private life insurance in India who operates company without foreign partner
Which is better a crawl space foundation or concrete slab foundation?
without knowing your climate, the best would be a crawl space with a concrete slab.
What is the strongest foundation?
Without a doubt it would be a poured concrete foundation with lots of re-bar
What insurance companies will provide homeowner or condo insurance for a rental condo without having to insure your primary residence in my case rental insurance?
Your local insurance broker can answer your question.
What to do when your basement tenant sue the house owner six weeks after a fall without even inform the owner at the time of fall and Is it covered by homeowner insurance?
It is very difficult to prove if the tenant had not informed the tenant at the time of fall. Judge will suspect that it is fraudulent insurance claim. Tenants are not covered by a homeowner insurance. However, if the homeowner has a landlord insurance, tenants are covered.
Does a concrete patio step need to be on a footing?
Yes, a concrete patio step does in fact need to be on a footing. Without the proper footing foundation, the step will be uneven.
Can a person sue a homeowner after suing the home insurance company for the same accident?
Yes, it is possible for a person to sue a homeowner after suing the home insurance company for the same accident. The homeowner's insurance policy may not cover all damages or there may be additional claims the person wishes to pursue against the homeowner that are not covered by the insurance policy. However, it's important to consult with a legal professional to discuss the specifics of the situation.
Will a DUI show up in insurance?
Assuming you mean car insurance, without a doubt the answer is yes. You will likely face what is known as a 'surcharge' meaning your rates will increase, just as if you had an accident. If you homeowner's insurance, that depends on the state, but the answer is most likely "no".
What type of construction would call for a concrete anchor belt?
Concrete anchor belts and bolts are used for large concrete structures when the foundations are being put down. They are sometimes removed later on without harming the buildings foundation.
Can you enroll in homeowner's insurance without spouse consent?
Yes, Either owner of a property can purchase a home insurance policy. It is recommended however, that you list all persons with a financial interest in the property as an insured on the policy.
If a homeowner is on prescription drugs and drunk leaves candles burning instead of using the oil lamps and home burns down what are the percentage of insurance paying?
Depends on the specifics of the insurance policy. Without reading the policy, nobody can answer the question.
How would your corporate insurance cover if you rented a vehicle declining rental insurance and vehicle was damaged as it hit a concrete pole without harming the pole?
You would need to check with your corporate insurance, to see what is and is not covered.
How to choose home insurance.?
Choosing the right home insurance can be intimidating for a new homeowner. Guides can be found at some of the major insurance sites like State Farm, which actually has a really helpful catch all guide for how to choose a plan that suits your family without becoming a financial burden.
