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What else can I help you with?
Why is it called an off license?
An Off-licence is a UK convenience store with permission to sell alcohol off the premises.
What does cool off in mean?
It means to chill or calm down
What does off site mean?
It means that the plant (Equipment) is out of the site work.
What could be insured by Standard Title Insurance policy?
Two types of title insurance coverage: 1. Mortgage Policy - Covers the Primary Lender for the life of the loan. As the loan is paid down, the coverage goes down with it. When the loan is paid off (either through life of loan payments or refinance) the Policy is no longer in affect. 2. Owner's Policy - Covers the new owner for the history and prior owner acts affecting the property. Owner's Policy is in effect for as long as the new, current owner owns the property 1 year or 100 years. Acts of new owner after issuance are not covered, only prior owner acts at time of purchase. Since each property is unique, the coverage is unique to the property. "Standard" coverage insures the history of the property If a issue creates a cloud on title (marketability, loanability,etc.), that will be shown on the title report along with requirements needed to address the cloud (tax sales, old mortgages,etc). If an issue cannot be removed from title, the buyer has the option of not purchasing the property or accepting it with the known defect and the title agency will "except" that defect from coverage ie: not insure it. Title insurance is non-transferrable. If you sell the property, you cannot transfer your Policy to the new owner. A Lender, however, can usually assign the Loan Policy coverage to an assign or purchasor of the loan if they have purchased Secondary Market coverage at the time the Policy was issed and the original terms, conditions and original loan amount has not changed as part of the purchase of the loan.
When a condo is off the market in real estate language what does this mean?
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
Does home owners ins cover vandalism and theft of items in it on vehicle?
It depends on whether you have "off premises" property coverage on your policy and then what household items were stolen.
Does homeowners insurance cover theft or robbery when theft occurred from another persons property?
Yes. Homeowners policies provide coverage for theft or any other covered cause such as fire, tornado, etc. when the property is located off premises. The amount of coverage is generally 10% of coverage C (Contents) for property located off premises. This covers property at a friends house, in a hotel on vacation, in your child's dorm room at college, and just about anywhere else. Homeowners policies is probably the best value there is in insurance due to the amount of coverages it provides for the low premiums.
Will a homeowners insurance policy cover for an accident to an insured off property?
There is no coverage at all for an accident to an insured either off property or on property. A Homeowners policy provides coverage for structures, personal property, additional living expenses due to loss, liability coverage and medical payments. There is coverage away from premises for insured personal property provided it is due to loss from a covered cause. Coverage is generally limited to 10% of coverage C and if it is theft, insured must be temporarily residing where the theft occurred. The liability coverage provided by the policy covers the insured away from premises. These all are general statements and there are exclusions so the policy should be consulted.
Does homeowners insurance cover theft of borrowed items?
No. If you mean something you borrowed from someone else then no. You cannot insure anything you don't own. The owner of the items can make a claim on their homeowners policy as coverage is extended off premises for up to 10% of the coverage c. This covers you while on vacation, business trips, etc.
Does Homeowner's cover theft of personal property away from home?
Yes. The coverage for theft or any other cause of personal item off premises is equal to up to 10% of your contents coverage. You must also take into account that certain type of personal items have a limit on them for theft including jewelry, guns, silver, fine art, etc. Depending on your policy, there are limits on these items unless you schedule them separately on the policy as an inland marine floater.
Does home insurance cover theft?
The foregoing answer is not altogether correct and I am concerned that some users may be misled.Theft coverage under a homeowners policy is provided, if at all, under the personal property section, and coverage is provided in an amount stated on the Declarations page of the policy. The amount shown on the Declarations usually refers to the coverage for theft of items from the insured premises. While it is true that many policies do coverage off-premises theft coverage, not all do; it is therefore critical that you check your own policy for verification. If your policy does not, you may be able to obtain a rider for it through your agent/broker. Similarly, if the property that you wish to protect exceeds in value the amount of coverage that can be obtained by a rider, you may be able to "schedule" the property. The reason for doing this is because many/most homeowners policies, in the property (contents) coverage will provide a maximum recovery for the loss of a category of property (for example, electronics). Therefore, if you have a high value computer or TV, you may want to shedule it so that in the event of loss you are not limited in the amount of recovery. There will be an additional premium for doing so, so you will need to make a financial judgment.
Why is commercial crime coverage important?
Commercial crime coverage is needed to cover against disappearance, theft or destruction of money and securities. Crime coverage is absolutely essential for any business dealing in cash, check and credit card transactions. The particular crime form needed depends on the exposure for a given business. Form CR0004 is a good form for money and securities and broad enough to cover many typical retail operations against theft of money. Limits are specified for money on premises and off premises. Also, it is important to add coverage for employee dishonesty which can be done with form CR0001 which will have its own specified coverage limit.
Does homeowners insurance cover belonging stolen from your car?
It might. It depends on what was stolen. There are limitations for certain property under homeowner's insurance, and it would be subject to your homeowner's insurance deductible. Most homeowner's policies will provide coverage for up to 10% of the personal property limit in your policy for your property when it is off premises. For example, if your policy indicates you have $50,000 coverage for personal property, you would have $5,000 coverage for personal property off premises, but the other limitations would apply. Under the policies I deal with, business property is limited to $2500 under a homeowner's policy, which means only $250 is covered off premises. The minimum homeowner's deductible is $500, so basically, there is no off premises coverage for business property. There are also limitations for money, jewelry, firearms, electronic devices, etc. You need to talk to your agent for his or her advice.
What can you do if your car is stolen and you still have a loan on the car but your insurance does not cover theft and they recover your car totaled?
YOU pay off the loan like you agreed to in the contract. You likely agreed to have ins. that covered theft also. You should have had full coverage on a car with a loan on it. Sorry, you have to pay the loan off and now you own a totaled car! Comprehensive coverage isn't that expensive and would have covered theft.
Is personal property in a storage unit covered by the ho-3 homeowner policy?
Yes. Normally up to 10% of coverage c (Contents) are covered off premises.
Does homeowners insurance cover personal items stored in a rented garage?
Yes. A homeowners policy provides the widest and most coverage for the money of any type of insurance there is. You have coverage for up to 10% of your coverage C limit off premises. This way you have coverage while in storage, on vacation, a child's property in their dormatory at college, etc.
What is difference between on premises and off premises?
on premises means made on site ie in that kitchen and off premises means made at a different site In the UK 'On premises' and 'Off Premises', generally called On or Off licences, are the licences granted to 'a fit and proper person' for the retail sale of alcoholic beverages. An 'On' licence is granted to places such as public houses or bars to permit the consumption of these beverages on the premises where they are sold. An 'Off' licence is granted to shops and stores where such drinks may be purchased but you are not allowed to consume them in the store.
