In a land contract.who is responsible for home owners insurance?
Nobody. Homeowners Insurance covers Homes not land.
It depends on the laws of your country. In the United States at least, no one is held liable for acts of nature, so you would each deal with your bit of the damage to your property (claim on your home owners insurance). In the UK, the owner of the tree would likely be liable. That would be the owner of the ground on which the tree was growing. Again the thing to do is…
Yes, if you own the property you need to insure it in case it catches fire etc. You need to do this whether you live in it or rent it out. If you live in it yourself you should also add contents insurance for your furnishings etc. If you rent it then all you need to do is insure the contents (which are yours or you are responsible for) not the property itself.
It depends on what caused the damage to the bricks. Did a car run into your brick home, Then the drivers Auto Insurance policy should cover it. Did a storm blow out your bricks, Then your home owners policy would cover it if you have wind storm coverage. If your home is just old and the bricks are crumbling due to age or lack of maintenance, then they may not be covered on your home…
Should you renew your home owners insurance if you have filed for bankruptcy and your debt has been discharged?
It depends where your house is located. Whether your home is in a secure or unsecure neighborhood will effect your insurance costs. If your house looks like its going to fall apart at any moment then you will be charged a higher premium. These factors influence the cost of home owners insurance for an individual home.
If your guest decides to sue you as the responsible party for his fall and subsequent broken bones. And, If you have liability coverage on your home insurance policy, Then your insurance company would provide legal defense for you and cover any resulting award to your guest up to the limits of your liability coverage.