In most cases, legally, you are responsible for your child up to age 18 and in some states, 20 if they are full time students. Insurance companies use this general guideline for keeping minors on your policy, due to the fact if there is a slight chance that the minor child may drive your car, you will be covered.
Just look at your home insurance policy the company mails to your every year. It will have the name of the company and contact information by phone and mail.
NO, not unless it is a total loss. If your house is being repaired by your insurance policy you must continue to make your mortgage payments.
She can buy a new policy all day long and claim she had never had a policy cancel if: 1. She is the only person on the deed to the house. 2. She never had a policy cancel.
yes. They can consider the house uninsurable and cancel your policy unless you get it up to code.
You will have to check your home owner's policy. It is a contract that you have with the insurance company and will specify how long you have to file a claim.
Yes, it is generally considered ethical for an insurance company to conduct a house inspection and request repairs, such as roof replacement, if it is outlined in the policy terms. The insurance company's priority is to assess risk accurately and ensure the property is maintained to prevent future claims and losses. It's important to review the policy details to understand the responsibilities and requirements.
Sure. Remember that an insurance policy is a legal contract wherein the insurance company agrees to accept risk from the policy holder according to the terms of the contract. If the policy holder does not live up to the terms of the contract then the insurance company may deny coverage. For example, if the person lied to the insurance company on the application then the insurance company may deny coverage. One of the terms of the policy is that the insured agrees to inform the insurance company of all residents of the home as well as regular drivers. If the insured does not list his 17 year old child who drives one of the vehicles regularly and lives in the house and then the child has an accident the insurance company could not be expected to provide coverage for the accident. Since the insured broke the terms of the policy which is a legal contract then the company probably will not provide coverage because the insured committed material misrepresentation and lied in a significant manner on the application.
You may or may not have to provide insurance for them if they have their own vehicle but you are responsible for listing them on your auto insurance policy and providing your insurance company with their license information and birthdate.
None. If you sell your home, you report that to your home insurance company and request cancellation of the policy as it is no longer needed. You will then be entitled to a refund of any unearned portion of the remainder of your policy term but you would not be refunded for the period of time that the home was still covered.
i have a Columbia life policy auto deduct from bank. switching banks, policy burned in house fire, can't find where company is, phone# so to notify about new acct
If your "advisor" was handling all your financial arrangement for the house, AND he negotiated a mortgage to pay for it - then the mortgage company would REQUIRE that there be an insurance policy on the house in order to protect their monetary interest in it.
If your "advisor" was handling all your financial arrangement for the house, AND he negotiated a mortgage to pay for it - then the mortgage company would REQUIRE that there be an insurance policy on the house in order to protect their monetary interest in it.