Loss of Use Claim Documentation for Renters
A renters loss-of-use claim is easier to evaluate when the tenant documents why the unit is uninhabitable, the covered cause of loss, normal…
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Insurance questions, minus the boardroom voice.
Practical reads for the moments around a policy: moving, buying, driving, adopting, protecting, repairing, and filing a claim.
Pet Liability in Renters Insurance
Renters liability coverage can respond when a policyholder is legally responsible for injury or property damage caused by a pet, but animal exclusions,…
Keep readingRenters Insurance and Earthquake Damage
Earthquake damage is generally excluded from a standard renters policy, but separate earthquake insurance or an endorsement may be available to protect personal…
Keep readingRenters Insurance and Flood Damage
Standard renters insurance generally does not cover flood damage from rising surface water; renters can buy separate flood coverage for belongings through the…
Keep readingHome Insurance Claim Appraisal and Dispute Process
Appraisal is a policy-based process used in many property claims to resolve disputes about the amount of loss; it generally does not decide…
Keep readingRecoverable Depreciation in a Home Insurance Claim
Recoverable depreciation is the portion of depreciation an insurer may initially withhold from a replacement-cost claim and later pay after qualifying repair or…
Keep readingService Line Coverage Explained
Service line coverage is an optional homeowners endorsement that can address qualifying physical damage to exterior underground utility lines a homeowner is responsible…
Keep readingEquipment Breakdown Coverage Explained
Equipment breakdown is usually an optional homeowners endorsement aimed at sudden electrical, mechanical or pressure-system breakdowns that a standard property policy may not…
Keep readingHO-3 vs. HO-5 Homeowners Policies
HO-3 and HO-5 labels describe policy-form structures, but the practical comparison is which property is covered on an open-perils basis, which exclusions remain,…
Keep readingHomeowners Insurance Deductibles: Flat, Percentage, Wind and Hail
A homeowners deductible can be a fixed dollar amount or a percentage of an insured value, and wind, hail, named-storm or hurricane losses…
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