Will an insurance company insure a property without a certificate of occupancy?
no it will not
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No. If you are in the USA without the permission of the US Government, why would you think it would be "all right " for you to work in the USA? Firstly, there was no need for snooty remark. Secondly, the question was whether you need a Green Card to work. The is no. You need a work permit. US F…ederal law requires all employers to furnish proof that everyone they hire is legally allowed to work in the US. The employer can be fined up to $100,000 per employee for violations, so they are careful. You will either need to prove you are a US citizen (usually a picture id such as driver's license AND a social security card) or that you are a legal resident by presenting a valid Alien Registration card(called a green card.) This is for any job, from busboy to medical doctor. I have only heard the term "work permit" used in the US to apply to citizens who are under 16. If you are not a US citizen, you need either a VISA (E, H, J, L, etc.) or a Green Card. Visa's typically have very specific rules and time limits attached. Green Cards are issued to people who have moved to the US permanently. Often people move to the US to work using a visa program and then apply for permanent resident status. You can if you have valid Visa like H1B, B1 etc. If you don't have any visa neither a green card, then it is quite risky to work here. Even employers who employ illegals are fined 100,000 $ even unknowingly. Green Card is not the only visa which gives you the right to work in US. USAFIS.org Green Card Consultancy ( Full Answer )
Yes, it is actually required that the insurance company reassess the value of your insured home on a regular basis. This is done as a safeguard for the homeowner. Home values change and materials and supplies to rebuild goes up. labor, materials, etc. Therefore, if some unfortunate event such as a f…ire should occur. And your home was insured at the value it was or ten years ago. You could be putting out some serious pocket money to make up the difference. If you disagree with the insurance companies valuation you can contact them and have them review the policy or you can seek out another insurer. ( Full Answer )
In most cases the title company that closed your loan is the agent for the title insurance company, and can be contacted regarding insurance issued on your property. Answer Contact the Agency that issued the title insurance at time of closing. If an Owner's Policy was paid for, they should have i…ssued you an actual insurance policy, complete with a Title Jacket and Policy Number. If you never received this and paid for one, request an original or a certified copy of it. The Policy will reference the title UNDERWRITING COMPANY that is insuring the Policy. ie: First American, Stewart, Chicago,etc. That is who the actual COMPANY. The agency only acts in behalf of the Underwriter and is not the actual insurer. ( Full Answer )
Answer . please explain your question better. Do you mean property such as stolen vehicles?
Insurance Department . They typically answer to their respective state's department of insurance. Just like the FDA keeps tabs on drugs companies, the same goes for a department of insurance. They take complaints, investigate them, and make sure insurance companies don't get out of hand or charge… too much to their consumers. ( Full Answer )
No they cannot... Unless... the vehicle was totalled in an accident and they have paid you for the actual cash value. They'll still require you sign certain documents releasing the vehicle to them for salvage value. Or... is your insurance company also your leinholder? Many insurance companies ar…e now in the lending business. If that's the case, and you didn't make the payments then, of course, they can reposess the vehicle - it's legally theirs anyway until the loan is paid-off. ( Full Answer )
Perhaps surprisingly, the answer is "yes." Most insurance companies choose to buy "re-insurance," and this is a very interesting - and different - type of insurance than what you or I generally see. While there are thousands of different insurance companies, there are only a handful of re-insurers.R…e-insurance companies contract with "regular" carriers to cover unexpected catastrophic losses. For example, the companies that insured businesses in the World Trade Center may have expected a few minor claims over the years (a broken window, a stolen laptop, a twisted ankle), they likely never counted on the kind of total losses generated on 9/11. It's a safe bet that they had agreements (called "treaties") in place with at least one re-insurer to help cover the tremendous number of dollars associated with that tragic event.Reinsurance companies work by agreeing to "buy" (take on) a set amount of losses which an insurance carrier feels is beyond its comfort level. The insurance company agrees to pay a premium (just like you or I) to the reinsurance company, which then agrees to pay for excess loses incurred by the original carrier. Call it "Insurance insurance," it's a vital part of how insurance companies can take on additional risk and still remain in business in the face of large, unexpected losses. ( Full Answer )
This vary from state to state. For the most part, the only time an insurance company actually 'cancel' your policy, there has to be a very valid reason..for example, the insured withholding information or committing fraud. Otherwise, most companies take a less severe method by non-renewing. Doing th…is, they provide the consumer with an advance notice to not renew the policy. The consumer is provided with ample time to secure coverage elsewhere. ( Full Answer )
Commercial property cannot be covered by homeowner's insurance. Commercial property insurance must be purchased for that category of property.
Is their a ranking of the top 10 Property and Casualty insurance companies by size and insurance in force?
Not really, each company differ in the states they operate in and some are international. Liberty Mutual is now operating in China. In the United States, all insurance companies are regulated by each individual states. You can check your state's department of insurance to see if they do individual r…anking. ( Full Answer )
When an insured purchases an insurance policy they pay theinsurance company money for the insurance coverage. This money theinsurance company collects is called insurance "premiums". Theinsurance company, using the law of large numbers, collects moremoney in premiums than it pays out in claims. The …insurance alsomakes alot of its money by taking the money earned from premiumsand then investing it. As we all know that Life insurance policycash values are accessed through withdrawals and policy loans.However, withdrawals are taxable to the extent they exceed basis inthe policy. Loans outstanding at policy lapse or surrender beforethe insured's death will cause immediate taxation to the extent ofgain in the policy and hence benefits the company. ( Full Answer )
Please keep in mind that I'm not a licensed agent and that I have never sold insurance, but I did work at an insurance company for over a year. I worked in the U.S., so I don't know if it is much different in other countries. We sold Homeowners insurance, auto, medical, liability, boat, bike, umb…rella and more. When you get insurance coverage for your home or car the policy is supposed to renew automatically, policies will keep renewing unless there is reason that an insurance company wants you off of the insurance like if you have too many auto accidents and such. Of course, the insurance company still has to cover any big accident before they can remove you. As far as I know, almost all insurance policies (and the thousands I dealt with when I used to work on quoting and servicing policies) automatically renew. Now if you specifically said to cancel your policy at the end of your current term or a certain date, and the insurance company renewed/continued it anyway, then they are in trouble, and they must refund you for the time afterwards that you were covered after you asked the policy to stop. Keep in mind I'm not a lawyer though. Also, in case if you didn't know, you have the right to cancel your policy at anytime, all you have to do is tell your agent to cancel your policy at whichever date that you choose. Many people also aren't aware that you can get new insurance at anytime you like, your policy term doesn't have to be at it's last day before it renews, you can do it at anytime you feel like. Plus, if you want to cancel your policy mid-term or at any day, if you paid ahead of time you must be refunded for the time that you were not covered, in otherwords if you paid for December's insurance on December 1st, but canceled the policy on December 10th, the insurance company owes you the other 20 days you paid on December 1st, so they have to refund you the 20 days worth that you paid for. Hope this helps. ( Full Answer )
A better question you be what do they not insured. You can find insurance for anything you can think of. Some famous people even insure their teeth or face because of their good looks. Lloyd's of London will underwrite custom insurance policies for anything you want. Most companies insure Autos and …Homes. ( Full Answer )
This is extremely complicated. In addition to having the licensing and experience to do so, you have to have a lot - I mean a LOT of cash to set aside to pay claims, equipment, rent, plus accounting, claims and underwriting professionals - and that's just the beginning. Once you decide where you'…d like your company to be domiciled, contact that state's department of insurance for detailed instructions and information. ( Full Answer )
Insurance Companies ceded their risks to reinsurers who are specialised to assume a portfolio of large (e.g. satellites, airplane) and volatile (e.g. Hurricanes, earthquakes) risks. These risks are usually distributed to a number of reinsurers whose value proposition is a strong capital base and div…ersification. ( Full Answer )
The answer is NO. Yous can work in the office as an office assistant, but you cannot sell insurance. No company would appoint you if you are not licensed.
and how do I get a copy of this as I've been waiting for one since 2008 when it was drawn up? also, this was supposed to have been made irrevocable and was not. since that time the person now has been hospitalized a number of times and suffers from dementia for the past three years. the lawyer ref…uses to give me a copy and states he must ask the person who is no longer of sound mind. ( Full Answer )
Technically yes and no. While they can't actually add the driver, they can rate the insurance coverage as if that person would be driving a vehicle. For example, if you had a child who had just gotten their license, and you named them as an excluded driver of your vehicle, yet they somehow managed… to get into a small wreck and have to file a claim, your insurance carrier would likely deny the claim on the basis that the driver was excluded, as well as rate your policy as if they were going to be driving the vehicle, without actually adding them. . Moral of the story... don't lie to your insurance company. ( Full Answer )
The answer to that question depends on where you live. In the NE area Liberty Mutual may. If you find a good broker they may also work with you and cover the expenses to get you licensed etc.
Look in the Yellow Pages or Internet for a local insurance call and tell them of your needs. You have a good chance of getting insurance. Either renter's or homeowner's insurance.
No; flood insurance is provided via the Federal Flood Insurance program. While METLife P&C doesn't provide this coverage, its agents should be able to assist you in obtaining this coverage. Just about any insurance agent can take applications for the Federal Flood Insurance program.
A private insurer will generally not disclose a list of people or properties insured. However, when property insurance is provided by a quasi-public/government entity such as exists in some states (like Citizens Property Insurance Company in Florida), you may have a better chance at getting informat…ion through a Freedom of Information request, if you can demonstrate a valid reason for needing it. Even with a private company, the state insurance regulator may provide a listing down to the zip-code level of where business is written by private property insurers. It is doubtful, however, that names of individual insureds will be disclosed. ( Full Answer )
It should, beware though, each occurrence of vandalism may be subject to a separate deductible if you don't watch your adjuster.
You don't have to agree but they will cancel the policy. Most homeowners policies include a replacement cost coverage to the structure so they want it to be insure properly.
How cant i talk to a live person at the company i tried but is really hard to get a answer My Name Jose Alberto Otalora Home # 512-989-2203 Mobil # 323-781-6616 Im A license In yhe State OF TX A General Lines
They can't tell you who to hire, but they can decline or reject acontractors bid.
There are lots of insurance rating companies out there, not justone. Some are more reliable than others but none of them are areflection of customer satisfaction. An insurance company rating is determined solely by how much moneythey have in the bank.
The company would need to make application for a certificate of authority to the states regulating authority prior to underwriting insurance policies in that state.
It really depends on your individual needs for property insurance coverage, for example if you have a basic need for items held in a rented residance you can find great coverage from a number of insurance companies. If you own farmland and need greater coverage for equipment or more specific propert…y it may be best to meet with an insurance rep to go over coverage in more detail. ( Full Answer )
Some of the larger companies such as Nationwide are available in Columbus, however more local ones such as Grange and American Family are also available.
Insurance is a primary need because it protects you againstunplanned events. It can be used as an investment tool, tool forplanning your children's future and retirement planner tool. Mostimportantly insurance provides you peace of mind, as you know thefact that your loved ones are not dependent on …anyone else in caseof any unfortunate eventuality. For Insurance: ( Full Answer )
The bathroom is not that big of a deal but the heat is a different matter. Also the general condition of the property, the heating, the electrical condition, the occupancy, etc. There are different policies for different types of policies. If it doesn't qualify for one type of policy it will for ano…ther type. ( Full Answer )
The question is not altogether clear, but it seems to relate to the insurance concept of "subrogation". This is an equitable process by which. when an insurance company pays the claim of its own insured, it "inherits" the right to pursue the wrongdoer (presumably, you) to collect back what it pa…id. If the wrongdoer had some liability insurance, but not enough to cover 100% of the other insurer's claim, it still has the obligation to try to settle the claim "within policy limits" (meaning, to compromise the claim), if it is possible to do so so that you are not exposed to personal liability for the excess. Keep in mind that if you deny fault for the occurrence, your liability insurer normally still has the right to pay and to settle the claim as the insurance policy notmally gives the insurer the right to "control the defense". ( Full Answer )
Life insurance companies tend to be working with more money than property and casualty insurance, in most cases.
Allstate, farmers and Amica Mutual along with GMAC and Mercury make up the cheapest insurance companies.
Who is responsible if an insurance company insures the same property twice in the same claim period?
Who is responsible if an insurance company insures the same property twice in the same claim period varies depending on the structure of the contract. If a person signs two separate contracts, there could be two policies issued for that same property. If there was only a single contract signed, it m…ight be the insurance company who is responsible. ( Full Answer )
Most insurance companies offer life insurance without medical exams in Australia, as long as the applicant fits within certain categories. These categories are usually; younger than 60-65 and does not have an existing, known medical condition.
State farm offers property insurance. Mutual of Omaha is good at personal injury insurance. Look around for a company that will provide all of the services that you are going to be paying for.
If an insurer pays for the total loss of personal property, including a car, it usually becomes the owner of the property as part of the resolution of the claim. The property is then sold so that the insurer may recoup some of its loss. There are some entities, such as scrap metal companies that dea…l in that kind of property. Under some circumstances, the insured wishes to keep the property. That can usually be negotiated, but the payment to the insured on the claim may be adjusted accordingly. ( Full Answer )
Many insurance companies offer a quotation for property insurance. For example, companies such as Churchill, Aviva and Tescos offer home insurance quotations. Also, try comparison sites such as Money Supermarket.
There are many popular property insurance companies in the US. Some examples of the most popular include State Farm, Allstate Insurance, and Travelers.
Nationwide Property and Casualty Insurance Company is based in Columbus, Ohio. It is located in the 32-46 W Nationwide Blvd and the zip code is 43215.
Universal Property and Casualty Insurance is located in the United States in the state of Florida. The full address is 1110 W Commercial Boulevard, Fort Lauderdale, Florida, 3309.
The Circe Insurance company insures many things. The Circle Insurance company insures things such as important and expensive pieces of jewelry and other accessories.
No. Why would an insurance company cancel your policy without any reason? Depending on the state that you live in and the regulations in your state will determine how and under what circumstances a company would cancel your insurance policy. Normally they have to give you a certain amount of notice …before cancelling your policy. For instance, if you fail to pay your premium the notice would be 10 days from the date they mail you the notice. If you have excessive claims or fail to maintain the property, they would have to non-renew the policy meaning they could not cancel it until the next renewal date and must give you 60 days notice for the non-renewal. Dates and reason vary based on the State you live in and the regulations. ( Full Answer )
The Mortgage company can foreclose on your home if you fail to meetthe requirements you agreed to in your finance contract. Hazard Insurance on a home is almost always required by the lenderunder the terms of the contract. Failure to obtain and maintain therequired coverage is a default on your loa…n, much the same as if wemiss mortgage payments. The mortgage company would not foreclose because your home isun-insurable. They would foreclose because you failed to purchasethe required property insurance. It is up to the homeowner to maintain the home in a condition thatit can be insured. ( Full Answer )
It is an company that offers inusurance to the people eitheronline, offline or through phone. It can comprise of multipleinsurance agents. An insurance company deals with many types ofinsurance like health insurance ,car insurance,lifeinsurance,travel insurance ..etc .. Almost every one claims to be…the best so one should always compare the policies online beforebuying. . ( Full Answer )
Insurance company claims to support you financially at time of crisis.. You can invest in all the plans like life insurance,health insurance,auto insurance,travel insurance etc and in return insurance companies supports you financially through premiums at the time of mishappenings.. But there are ma…ny insurance companies now so its always upto the customer to compare all the policies online and then choose the best.. ( Full Answer )
An insurable interest is required in order for any insurance to bevalid. In general, an insurable interest exists when an individualor entity has a financial stake in the continued existence of theproperty.
Assuming that you are talking about becoming an insurance producer, i.e., the ability to sell insurance, the answer is "yes". Contact the state insurance department website in the state in which you are located for more information about becoming licensed.