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What else can I help you with?
Does personal lines insurance include homeowners' associations?
If you are speaking of insurance for the association and the common areas owner by the association, no; it would be a commercial property policy that is implicated. The condo dwellers themselves are in the private market. That being said, the policy form used for condo dwellers is sometimes different from that used by a single family home.
Will homeowners insurance cover injuries from an auto accident on private property?
No. Homeowners Insurance does not cover Auto accidents. Auto Insurance covers automobiles. It does not matter if the auto accident was on public or private property.
Can a mortgage bank or company cancel your homeowners insurance with a private company?
What do you mean "private company" If you have HO insurance the bank can not canel it. Only you can.
How is PMI different from homeowners insurance?
PMI (Private Mortgage Insurance) is a type of insurance that protects the lender if the borrower defaults on the loan, while homeowners insurance protects the homeowner's property and belongings in case of damage or loss.
Are there any private insurance companies still writing homeowners policies in Florida?
Did you ever get an answer?
Can you install speed bumps on a private road?
Yes, you can install speed bumps on a private road with the permission of the property owner or homeowners' association.
How can my house payments go up if my mortgage is fixed?
Even with a fixed mortgage rate, your house payments can increase due to changes in property taxes, homeowners insurance, or private mortgage insurance (PMI). These costs are often included in your monthly payment through an escrow account, and if they rise, your overall payment will too. Additionally, if you live in a community with homeowners association (HOA) fees, those can also increase over time.
Does homeowners ins cover accidents or injuries on a private road in a subdivision?
No, You would need to look for your auto insurance for road accidents
Do I need to have aviation insurance?
Aviation insurance is required for all private and commerical flyers. The amount of coverage required by law depends of the size of the aircraft.
What is the maximum amount a homeowners association can recover on a property bought at auction by a private investor in Colorado?
The answer you want is in the auction documents involved in your purchase. There is no standard.
Is private mortgage insurance the same as homeowners insurance?
They are not the same. Homeowner's insurance insures the property: dwelling, personal property, other structures on the property, etc. Private mortgage insurance pays the mortgage in case of the death or disability of the mortgagor.
Are parks private property?
Some parks are located on private property and some are public property. It would depend on the owner of the park. A homeowners association for instance can own a park within their subdivision. This would be a privately owned park and can be only for members of the homeowners association if they desire. Public parks are often owned by a city, state, or country and could be open to all members of the public if structured that way.
