Not if no one files a claim, but it doesn't matter anyway. If the two parties mutually agree to deal with the damage privately, there's no law that says you HAVE to use your insurance.
Harleysville is a respectable company, particularly now that it has agreed to a merger with Nationwide, another competitive insurance company. They have policies for both home insurance and auto insurance.
Consider this situation: if the cost, in a nursing facility for example, exceeds on the agreed policy, the insurance company will assume the difference without asking the insurance holder any additional payment. If, on the otherhand, the cost is overestimated, the insurance company will retain the difference of the cost against the agreed policy without returning a refund to the insurance holder.
As long as the insured keeps their premiums current, the insurance company is bound to pay as agreed.
An insurance policy for persons who have agreed to buy mutual fund shares in a periodic payment plan. If the policyholder dies before he/she has finished buying shares on the periodic payment plan, the insurance policy will purchase the remainder of the shares the policyholder agreed to purchase
It means that you have created an event some one dis agreed with and they reported you for it
Yes
An agreed upon rate for services
Yes, they can. When you agreed and signed your finance contract at the time of purchase you agreed to keep the property insured until the note was paid off.
Yes It is fixed. No matter how much your volume of activity or production you are obliged to pay insurance premium as agreed.
Of course. If you don't meet the obligations of your finance contract they have the right to reposess the vehicle. Your main obligations are to pay the payments as agreed and keep insurance on the vehicle as agreed. Read your finance agreement. I have seen many occasions when companies have to repo a vehicle because the customer won't keep the insurance on it.
Insurance companies have the legal right to terminate insurance coverage when the monthly premium is not paid as agreed.
If it is in writing that the buyer of your home agreed to pay to have the roof repaired or replaced, and the buyer knows you have received an insurance check for the roof, and if the insurance check is made payable to you, then yes, you can legally keep the money without paying for the new roof.