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Q: 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?
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Can you have two different insurance polices on different addresses for one individual?

Sure. Tell the insurance companies the circumstances. One will be your primary residence and the other is a secondary residence or a rental property or whatever the circumstances.


What is the primary function of insurance?

The primary function of insurance company is to provide protection from adverse events. The insurance companies accept premium payments in exchange for companies in the eventthat certain specified but undesirable, event occure.


What happens when your primary insurance does not have a hospital in network but your secondary insurance does?

File a claim with both companies. The companies will pat what they are supposed to pay.


Can you deduct homeowner association dues?

Usually not, since your assessments pay for services and contributions to your reserve accounts.


Does the insurance company have to change the principle place of garaging vehicle if college student wants to take a car to the dorm at a school in the same state?

Usually not. Your kid, while still in school, will probably consider your home his primary residence. Generally, insurance companies do, too. In your case, in particular, being in the same state makes it highly unlikely that your carrier will base your rates on two separate residences. The above answer is incorrect, the majority of insurance companies will rate the Kid at the address of the school if in the same State as the parents. It is'nt based on where the kid thinks his primary residence is. If the kid is going to be going to school -out of state- then the insurance company will use the parents address as the rating address


What are some phrases with the word primary in them?

primary colors primary election primary source of income primary residence or primary place of residence primary function primary caregiver


If you travel the states for 2 years do you need to change your auto insurance in each state or do you continue to use your original insurance?

You are required to maintain your auto insurance in your state of primary residence. It will follow you when you travel or visit other states. The key here is "Residence". If you take up residence in any of the states that you travel too, then you are required to notify your insurer and change your insurance within 30 days of taking up residence. You are also required to obtain a drivers license in your new state of residence within 30 days.


Can creditors in Massachusetts force you to sell your home?

A new Homestead Law went into effect in March of 2011. Homeowners receive $125,000 of protection from creditors automatically for their primary residence. A homeowner can also sign and record a formal Declaration of Homestead and receive up to $500,000 of protection. See the related link.Mortgages are not subject to homestead protection but the homestead exemption makes it difficult for other creditors to seize a primary residence to satisfy a judgment lien for a debt.A new Homestead Law went into effect in March of 2011. Homeowners receive $125,000 of protection from creditors automatically for their primary residence. A homeowner can also sign and record a formal Declaration of Homestead and receive up to $500,000 of protection. See the related link.Mortgages are not subject to homestead protection but the homestead exemption makes it difficult for other creditors to seize a primary residence to satisfy a judgment lien for a debt.A new Homestead Law went into effect in March of 2011. Homeowners receive $125,000 of protection from creditors automatically for their primary residence. A homeowner can also sign and record a formal Declaration of Homestead and receive up to $500,000 of protection. See the related link.Mortgages are not subject to homestead protection but the homestead exemption makes it difficult for other creditors to seize a primary residence to satisfy a judgment lien for a debt.A new Homestead Law went into effect in March of 2011. Homeowners receive $125,000 of protection from creditors automatically for their primary residence. A homeowner can also sign and record a formal Declaration of Homestead and receive up to $500,000 of protection. See the related link.Mortgages are not subject to homestead protection but the homestead exemption makes it difficult for other creditors to seize a primary residence to satisfy a judgment lien for a debt.


Can you use your condo your primary residence for a equity line of credit?

If you live there, of course. If you do not live there, then it is not you 'primary residence'.


Do property taxes go up on your primary residence if you buy a 2nd home?

They are independent properties and there should be no effect on taxes on the primary residence as long as it continues to meet the requirements for a primary residence.


I had a fight in self-defence and if I'm sued can i lose my home even if i have insurance?

You do not give your state of residence - in some states your primary residence is immune from siezure via legal action (other than foreclosure, that is).


Can a house with a second home mortgage become a primary residence?

Yes. The designation as primary residence is irrelevant to the number of mortgages.