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What are the condo insurance requirements for mortgage approval?
Condo insurance requirements for mortgage approval typically include coverage for the interior of the unit, liability protection, and coverage for common areas. Lenders may also require a certain amount of coverage to protect their investment in the property.
Does a subdivision without common areas need liability insurance and why?
I don't see any need for liability insurance in the case you described. In cases where you have a homeowners association or a condo owners association and they own common property such as a swimming pool, parks, roofs, sidewalks, etc. then they would have a need for both property and liability insurnance to cover these areas. This is what you dues are in place to pay for as well as maintenance.
By law do you have to get liability insurance for a wedding?
No. But if you have wedding insurance public liabilitycoverage may be included. The extent of coverage is deefined by the terms and conditions of the policy. Further, if someone is injured as a result of a negligent act by the owner of the facility where the weddinhg is held, his/her/its liability insurance would probably come into play. That is one of the areas of inquiry that should be made when you are choosing a venue for a wedding.
What type of insurance coverage is necessary for a flats building?
For a flats building, it is necessary to have a comprehensive property insurance policy that covers the building structure, common areas, and liability protection in case of accidents or damages.
When searching for affordable car insurance, what are essential areas that need to be covered?
In most states, you absolutely need liability, bodily injury, and property damage coverage.
What are two areas of tortious liability?
More accurately there are THREE areas: intention torts, negligence, and strict tort liability.
Where can you buy horse insurance?
You can find horse insurance online or at any equine insurance company. My advice would be to look for horse insurance either online or in a phone book because it really is not that common of a type of insurance in certain areas and states.
What are the coverage options and benefits of flat buildings insurance?
Flat buildings insurance typically provides coverage for the structure of the building, common areas, and liability protection for the property owner. Benefits may include protection against damage from events like fire, theft, and natural disasters, as well as coverage for legal expenses in case of a liability claim.
What types of services and products does Maxum Insurance Group offer?
Maxum Insurance Group targets businesses with risks that other insurance companies would turn down. Some of the areas that Maxum deals with include motor truck cargo, railroad property, warehouse legal liability, and medical equipment.
How much is workmans compensation insurance?
It depends on the insurance company and their particular experience with the kind of work, number of employees, loss history, management, company's safety program, areas of operation and more. Your insurance agent can discuss options. If you're self-employed, ask about Occupational Accident and Contingent Liability instead of Workers' Compensation.
What is the cost of liability insurance for loggers?
The cost of liability insurance for loggers can vary widely based on factors such as the size of the operation, the location, and the specific risks involved. On average, premiums can range from $1,000 to $5,000 annually, but larger operations or those in high-risk areas may pay significantly more. Additionally, insurance costs may be influenced by the logger's claims history and the coverage limits selected. It's essential for loggers to obtain quotes from multiple providers to find the best rates for their specific needs.
What are some of the largest insurance companies in the United States?
The largest insurance companies in the United States are Farmer's, All State, Progressive, Prudential, State Farm and Aetna. Since there are different types of insurance companies such as life insurance, auto insurance etc some companies will rank higher than others when judging them in certain specific areas.
