it can range from $400-22,000 dollars a month
Depends on were
Will section 8 let you rent to a relative?
The Section 8 Voucher housing program helps low income families to pay their rent. Section 8 will not allow a person to rent to any relative.
How much is renters insurance in MN?
The cost of renters insurance in Minnesota typically ranges from $15 to $30 per month, depending on factors such as coverage limits, deductible amounts, and the insurer. On average, residents can expect to pay around $20 per month. It's advisable to shop around and compare quotes from different providers to find the best coverage options for individual needs.
- Does landlord insurance cover damages to inside walls?
yes it should - renters insurance has limited to zero building coverages - it would only cover betterment and improvements made to the building by the renter. All other building losses is covered by landlord policy
Your pool liner was torn by renters will it be covered by your insurance?
yes subject to your deductible
What renters insurance usually covers?
your personal property, loss of use of your apartment and your personal liability. the policy has conditions - generally you need a "covered cause of loss" for coverage on your personal property - some causes of loss are fire, theft, expolsion, etc. they are listed on your policy or your agent can provide you a copy of the policy before purchase.
What does renter's insurance cover for an apartment?
Renters insurance can be purchased for an apartment or rented home or condo. Most standard policies come with contents coverage, liability coverage, and reimbursement for external living expenses in the event that your residence is significantly damaged.
Here is an informative article I found on how to find affordable renters insurance:
http://www.insuranceagents.com/free-renters-quotes.html
Insurance. A fire department can use any means necessary to extinguish a fire. If a property is damaged, chances are it was to prevent the fire from spreading.
a apartment is a smaller unit of a house usally used for a small family it is usally cheaper than a house
What is the legal age to rent an apartment in Guelph Ontario?
what age do you have to be to rent an apartment in Ontario
No, Your Insurance contract gives the Insurance company the right to settle or defend whichever is cheaper.
If the insured property owner interferes with the companies decisions you could forfeit all coverage under your policy for that claim and even get your policy cancelled.
If a neighbor's burst pipe damaged our carpet can they be liable for carpet replacement?
Yes, your neighbor is at fault unless your actions contributed to the rupture.
How do you terminate a life insurance policy?
Contact the insurance company at their home office (policy holder service) and request the proper form to cancel coverage. If the policy is in force and premiums are paid up to date, then any cash value or dividend additions/accumulations (if the ins. co. is a Mutual co.) will be paid, plus any amount of the current premium that is "unearned." If the policy is a term contract, and the premiums are paid up to date, then only the amount of "unearned" premium will be refunded. Another way to terminate a contract, (especially term ins.) is to simply not pay the premiums which are due, and let it "lapse."
What would happen if my house is underinsured?
It depends on your policy form and by how much you're underinsured. Often, "coinsurance" applies, and you could find that if you suffer a loss, your claim might be reduced because you're underinsured. For example, let's say you should insure your house for the full replacement cost of $100,000, but to save money you only want to insure it for the amount you owe on it, or $50,000. Because you are only insuring 50% of the value, the insurance company will discount your claims to match that 50%. In other words, let's say you have a kitchen fire and the cost to repair your kitchen is $25,000. You might expect to receive $25,000 (less your deductible) since you have more than that in coverage limits. BUT, because you are only insuring to 50% of value, the insurance company will only pay you 50% of your claim, or $12,500 (less your deductible.) You're better off insuring to 100% of value. In fact, some of your additional coverages that the policy provides are within the limit on your house, so you may even want to overinsure just a bit. Sometimes it's cheaper to insure for a bit more than less, because more expensive homes on average are more likely to be well maintained, suffer fewer breakins, and have better safety and security measures. If your homeowner's liability limit is too low, and someone is hurt on your property, you could risk your other personal assets and future earnings. It's surprising how inexpensive higher liability limits can be. Your insurance agent can give you some quotes before you make a decision to change your coverage.
Why is Auto Insurance Necessary?
Frequently, State law requires the maintence of certain types of auto insurance, such as certain levels of liability coverage. In other contexts, contracts require that coverage be maintained. An example of this is when money is loaned and the car serves as collateral, the lender will usually require physical damage coverage so as protect the value of the collateral.
Car insurance provides financial protection in case you are involved in an auto accident. If an accident occurs, an auto insurance policy provides financial coverage to pay resulting vehicle damages, property damages, and/or medical costs. The amount of money the policy provides versus the amount of money you pay as premium will depend on the type of coverage purchased, the policy limits of each coverage, and the deductible (in the case of non-liability coverage, this is the amount that you pay out of pocket before the insurer's duty to pay is triggered).
Insurance is a payment plan for when things go wrong. If you don't have insurance you are going to have to come up with all the money at once. With insurance, you are making payments over a period of time to cover you in the event something happens.
Insurance is necessary because whether you are a renter or a homeowner, you will most likely keep all of your most cherished belongings in your home with you. Insurance could never replace the sentimental value of those belongings if lost, but it would at least provide financial indemnity to reduce the financial burden of losing those belongings.
What if you dont have insurance?
If the law requires you to have insurance (Auto Liability) or someone else does (your mortgage company, your auto lender) you could be in hot water if you don't have it. Otherwise, you don't have to have insurance.
How much does an average apartment cost?
Depends on region and locale. Monthly rental prices can vary from a couple hundred to thousands per month ... it would be difficult, at best, to average out all apartments.
How far apart in reality are two cities that are 14 in apart on the map?
depends on the scale of the map...
Does renters insurance cover loss of furniture due to landlords negligence?
Yes it would but if it were due to the landlords negligence his liability insurance would cover the loss. Your insurance co will chase the claim against his for you. Place a claim with them.
Can you have renter's insurance with a different company than your auto insurance?
Yes, you can. However, you may want to shop around since many companies will give you a discount when you have multiple products with them. Also, should you have an event that involves both, then you have to only deal with one company.
How much is 100000 in liability insurance?
I have to provide my apartment management with 100,000 liability insurance coverage. With Safeco it costs $18 per year. Liability coverage requires minimum personal property coverage of $10,000 (costs $57 per year) and replacement coverage (+$9). Total per year $84