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Is it legal to carry property insurance on someone else's property?
Insurance for someone else's propertyYes, You can legally Insure the property of another person. So Long as you have authorization to do so and the owner is benefited, or an other insurable interest in that property exists. There are many situations where a third party may need to obtain property insurance such as, Estate Executors, Court Appointed Trustees, Dependents, Bailees, Tenants, Persons holding POA, or living wills, etc..You can not insure the property of another when no insurable interest exists. It would be unlawful to insure the property or life of another where the intent is to gain unduly from another persons loss.
Insurance coverage provides protection for damage to persons or property?
Liability
What is insurance coverage provides protection for damage to persons or property?
liability
WHAT insurance coverage provides protection for damage to persons or property?
liability
When a peroson owns a property and has insurance policy on it Then sell the property to someone else and that persons has insurance on it and the property is distroyied by a fire. Who can recover an a?
The present owner is the only person who can recover.
Does house insurance cover other peoples property?
If your property caused damage to another persons property then yes. For example if your chimney fell onto their roof they would be covered. Also if a fire started in your property and spread to theirs this should be covered.
Can DMV provide the name of another persons car insurance info to an insurance company?
Yes.
What is the law that is broken for pawning another persons property?
It is theft.
Are tere more than one kind of pl and pd insurance for your car?
PLPD Insurance is personal liability and property damage insurance. This is an economical type of insurance where the insurance company will pay for repairs and damage done on another persons vehicle if you were found to be at fault in the car accident. There are different levels, or kinds, of this insurance.
Can you be made to move your mobile home from another persons property?
Sure you can.
Who is responsible if a 16-year-old driving someone else's car hit and severely damaged your vehicle which was legally parked?
It depends.... If the girl that hit your car has car insurance that covers her while driving another persons vehicle, go after her and her insurance company. But if not, go after the owner of the vehicle, they are responsible for the vehicle at all times. The insurance company doesnt care who is driving.
Do the proceeds of an estate sale involving another persons personal property have to be documented?
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