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Most Polices indicate that the Homeowner report all losses at the earliest opportunity
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∙ 14y ago
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If your neighbor has cut down one of your trees can you claim this as loss to your homeowners insurance?
You would need to file a police report and file a vandalism claim.
Does a second mortgage need to be insured?
If you are referring to "Homeowners" insurance, the second mortgagee should be listed on the policy.
Does homeowners insurance become null and void when the homeowner dies Would it cover loss of use for the grown children of homeowner?
The homeowners insurance would not become null and void just due to the death of the named insured. I would need more information to determine the second part of the question. The grown children would not be eligible for payment for loss of use just because of the death. If they are household members they are covered just like the named insured if the loss of use was due to a covered cause of loss. If no one else lives in the home the coverage would cease after it has been vacant for 90 days.
If a child is riding a bike in the street and hits someone causing injury is homeowners responsible?
You may need a legal opinion depending on the seriousness of the situation. Depending on the age of the child and the state where the loss occurred there may or may not be coverage under the homeowners liability section for injury to others caused by an insured under the policy.
Does homeowners policy cover foundation leaks?
That depends on the policy. You need to read your policy under Perils Insured Against and Exceptions.
Does homeowners insurance cover concrete stair separation from the house?
It depends what caused the separation. If it was from improper installation or a design flaw the damage will not be covered. However, if the damage was caused by a covered loss then the damage will be covered. Review the Perils Insured Against section of your policy to determine if the loss is covered. You may need to retain an engineer to determine the cause.
Does homeowners insurance cover a foundation?
Home building insurance will generally cover everything that forms part of the building, including the foundation. You need to ensure that you have your home insured for enough to completely rebuild your house if it was completely destroyed. Most insurance companies will have a provision for removal of debris from the site, but it is worth checking as you may need to increase the sum insured to cover costs associated with removing the remains of your home before rebuilding can begin if there is a total loss.
Does homeowners insurance cover stolen tv and xbox only 3 months old?
Depending on what type of homeowners insurance you have most of the time theft is a covered event. You will need to supply the insurance company with a police report where you had called the police for the break in. The only issue is if it is enough of a loss to exceed your deductible enough to make it worth while to file the claim.
Is it legal for a homeowners insurance adjuster to ask income after a break in?
Yes, It is legal. It's a standard normal question in the course of investigation or adjustment of theft claims.AnswerAn insurance adjuster or agent should NOT need income information. Contact your State's Insurance Commission. AnswerWhile the foregoing is true for the run of the mill claim, there may be circumstances where the inquiry is proper. For example, if the insurer has good reason to believe, after investigation, that the insured may have been complicit in the loss, it may be reasonable for the adjuster to inquire about income. Since the adjuster (unless it is a public adjuster who works on behalf of the insured) works for the insurer, the insurer may need to know whether the insured is/was in need of money and staged the loss to get insurance payment.
Who needs homeowners insurance?
Those people who own single family homes, or units such as condominiums or cooperatives, need homeowners insurance. Most homeowners policies provide physical damage coverage for the structure of the home if damage is caused by a covered peril. Another element of the coverage is for the contents of the home, also, if damaged by a covered peril. A very important element of homeowners coverage is the liability coverage that it also provides. That is, it serves as protection for the homeowner/insured if a third party is injured on the insured premises by reason of the fault or neglect of the insured or those for whom he/she/it is legally liable. That protection consists of providing a source of payment to the claimant (indemnity), and if liability or damages are contested, a defense (the insurer hires and pays an attorney to defend the insured). Lastly, anyone who has a mortgage on a home needs homeowners insurance. This will generally be required by the lender in order to ensure that there is a source of funds to repair the home and thereby to preserve the value of the collateral for the mortgage.
Does homeowners insurance have to include second mortgage?
Yes you need to include your 2nd mortgage. The reason is because they have an interest in your property. They must protect themselves, in case their is a total loss or significant loss.
Your child was injured and loss several of her teeth she will need implants and medical nor dental will pay do or can you file on the homeowners insurance you cannot afford this cost alone?
No,your homeowners will only pay for someone outside of any household residents.
