0
What else can I help you with?
What is the average cost of basic life insurance?
The average cost of basic life insurance will vary depending on things such as a person's age, the type of policy, the coverage selected and the country of location. One can usually get a very basis life insurance policy for as low as $15 to $20 per month.
How much does the online drivers test cost?
You can start your drivers test for free at many places. However, many drivers ed. packages will include insurance. a great package can cost about $99.
How do you calculate carrying amount of buildings on the cost model?
The carrying amount of buildings under the cost model is calculated by taking the initial cost of the building, which includes purchase price and any directly attributable costs necessary to bring the asset to its intended use. From this initial cost, accumulated depreciation and any impairment losses are subtracted. Depreciation is typically calculated using a systematic method over the building's useful life. The resulting figure represents the carrying amount of the building on the balance sheet.
What is the four elements of a monthly mortgage payment?
A monthly mortgage payment typically consists of four main elements: principal, interest, taxes, and insurance, often referred to as PITI. The principal is the portion that goes towards reducing the loan balance, while interest is the cost of borrowing money. Taxes refer to property taxes assessed by local governments, and insurance includes homeowners insurance that protects against damages and often mortgage insurance if the down payment is low. Together, these components make up the total monthly payment a borrower must make.
What is the difference between the word insure and ensure?
Insure means to protect something of value with a service fee. For example, car insurance helps reduce the cost of major repairs due to accidents. Ensure means to make sure or to guarantee.
You have insurance on your home but no replacement insurance What does this mean?
HOAIt means our policy is based on actual value rather than replacement cost. It means that the insurance company is not guaranteeing you the replacement of your home if it burns down. For example, your insurance policy limit is $200,000, but the cost of replacing your home is $210,000, if you had a replacement policy, the insurance would pay for the replacement of your home despite the fact that your insurance limit is only $200,000. However, the insured value at the time of the loss is usually required to be at least 80% of the replacement cost before your policy is covered on a replacement cost basis.
Should i pay for 100 replacement cost?
Homeowners insurance should I pay for 100 percent replacement cost
Does your insurance company have to pay the policy limit for a total loss if you have replacement?
No, If you have a replacement valuation Home Insurance Policy then the company will pay the "replacement cost" The cost of replacement may or may not reach your policy limits depending on the loss.
Does ho3 homeowners insurance mean dwelling replacement cost?
no you need a separate endorsement - called Replacement Cost Coverage
Guaranteed replacement cost in a homeowner's insurance policy means that the insurance company?
right, Guarantees it.
How much should a filling replacement cost with no freezing and no dental insurance?
Your life
What is the replacement cost to rebuild a home in Woodland Hills Ca 91364?
$42,545.95 My answer is as useless as the question is, right? Your insurance agent can figure the approximate replacement cost of your home using a replacement cost computer program guide. The replacement cost estimators that the insurance industry use will overestimate the rebuilding cost somewhat but they would much rather be 10% high than 10% low on the cost estimator. If you have a replacement cost policy it will increase your coverage a small amount each year based on an index that figures any increase or decrease in replacement cost down to your exact zip code.
What is extended replacement cost homeowners insurance and how does it differ from traditional homeowners insurance?
Extended replacement cost homeowners insurance is a type of coverage that pays for the full cost of rebuilding or repairing your home, even if it exceeds the policy limit. This differs from traditional homeowners insurance, which typically only covers up to a certain percentage above the policy limit.
What is the insurance replacement cost of a 1983 Pontiac Grand Prix?
There is no such thing as "replacement cost" for auto insurance. Values are actual cash value - most similar to a trade allowance. However, insurance companies use different means to evaluate vehicles, so it may vary a bit.
How much does jewelry insurance cost?
Jewelry insurance cost will vary depending upon the value and rarity of the items being insured and the likelihood if them being damaged or lost. As an general indication however it is likely to be less than $10 a month for what most people would own.
Does increased cost of construction insurance clause affect the co-insurance clause of the policy?
NO, Increased Cost of Construction is exactly as stated, also known as "Replacement Cost". It does not affect the Coinsurance clause of your insuring contract
Will an insurance company pay out a dwelling claim if you decide not to rebuild?
Yes, but generally at Actual cash value (either market value or replacement cost minus depreciation) instead of replacement cost. However, the insurance company will generally pay to reconstruct at another location.
