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Does homeowners insurance cover anything stolen on your property even if you are not the owner of the stolen items and they are not related to you?
Wiki User
∙ 12y ago
Yes, If your plan embodies that kind of coverage. If personal property is located on the premises, then the insurance should cover it, regardless of who it belongs to (within reason). However, it is difficult to prove exactly what a homeowner had or did not have on their property at any given time. With that being said, insuarnce companies seem to be very cautious when accepting liability. It is often not worth claiming such a loss, unleess it is very significant, and is typical for a home to have (like a jewelry box). Often, homeowners will not report losses unless they are very significant, due to the deductable they may have to pay and/or the risk of their insurance premium increasing from their claim. **I am not an expert by any means, so calling the insurance company that holds the policy will provide you with an accurate explanation.
Wiki User
∙ 12y ago
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What insurance do you need for a home business?
First check, your homeowners insurance policy. Your home policy may not cover your business needs but check with your agent first about additional coverage. The things to consider include: * Equipment insurance - coverage for your computer, fax machine, etc. * Liability insurance * Malpractice insurance - professional protection against losses resulting from professional mistakes * Data insurance - protection for computer files. * Disability insurance - prices may be high but it may be worth your piece of mind. Your state insurance department is your best resource for insurance-related questions and concerns. Find information on insurance companies and agents, rate quotes and comparisons, insurance buying tips, claims filing information and much more!State Insurance Department websites: http://www.naic.org/state_web_map.htmMore than half of the businesses in the United States are based out of the owner's home, with more being added every year, according to research by the Small Business Administration. Many of those entrepreneurs think their homeowners' insurance policies cover their business needs when the unexpected happens, but the reality is that most homeowners' policies don't.Homeowners insurance provides a limited amount of coverage for business equipment, but most standard homeowners' policies exclude coverage for businesses operating in the home. Most policies don't cover lost data, lost income or liability. cheap homeowners insurance company in Florida
What is Builders risk insurance?
Builders Risk Insurance is a commercial Lines Policy Form Obtained by Contractors and Home Builders to cover their Construction related Risks.
What type of insurance does a small hamburger restaurant need?
First you need to find out what insurance policies are obligatory in your state/country. You will probably need the following:Liability insurance also known as Commercial General Liability insurance which protects you from lawsuits filed by customers or employees.Property Insurance which comes into effect in the event of property damage from both natural disasters (e.g. floods) as well as man-made damage.Workmen's Compensation Insurance covers damages resulting from employee injuries and pays out percentage of the employees salary in the event of on the job injuries.Commercial Auto Insurance for delivery vehicles.See the related link for more information.
Is Cuna Mutual Insurance Group a subsidiary of Madison National Life Insurance Company?
No, the two companies aren't related at all.
Can my homeowners insurance refuse to cover my fiance for loss or liability on the home we jointly own because he is not related to me and make me buy renters insurance for him in NJ?
Laws may be a little different in the Armpit of America but in the communist state of MA as long as you jointly own the home then you would be jointly covered on the home policy. If so then they cannot refuse your claim. If he is not joint owner he would have to get a separate tenants policy. The solution? You own everything excpet for mens clothing.
Does homeowners insurance cover the cost of cleanup after an unattended death?
No. Your Homeowners insurance is "Property" insurance. It covers property damages caused by certain covered Perils such as Fire, Wind, Hail, Lightning, Fire etc. You will not find coverage on your Home Insurance Policy for death or related expenses.
Will your homeowners insurance provide coverage for an automobile collision?
No. Automobile-related occurrences are not covered under homeowners insurance. In fact, they are expressly excluded.
How do you get the most money from insurance company after a home invasion?
Home Invasion and Homeowners InsuranceThat all depends. What did they steal? Is it covered under your homeowners Policy? If the stolen property is listed as covered under your homeowners Insurance then you should file a claim for the stolen property. If the door or window was kicked in or damaged then you can file a claim for cost of repairs.There is no coverage specific to a home invasion on your homeowners policy so there is no pay out for "home invasion" in and of itself.If you were injured firing the home invasion you will need to look to your medical insurance to cover the costs of related health care.
Does homeowners or comprehensive insurance cover damage to an auto from grandchildren throwing rocks?
Typically, homeowners insurance expressly excludes auto-related losses. Therefore, the auto comprehensive coverage should apply.
Does homeowners insruance pay for loss of frozen food?
No, homeowners insurance does not cover food losses due to the failure or outage of a public utility conveyance.All home insurance policies specifically exclude conveyance related damages
Is a fall on a wet deck covered by medical insurance or homeowners?
It depends on who fell and why. Homeowners Insurance is Property InsuranceHomeowners Insurance may sometimes provide a very small amount of coverage for minor household related injuries for the named insured.Visitor injuries would be subject to home owners liability terms.Major Medical insurance provides comprehensive coverage up to the policy limits regardless of where a personal injury occurred.It's much better to handle it with your medical insurer.Answer.homeowners
Does homeowners insurance cover asbestos removal as a result of a covered peril?
You'll need t check your insurance policy language to be sure, but most homeowners insurance polices in the U.S. these days do not provide coverage for asbestos abatement or related claims arising from asbestos.
Can you buy insurance for a tornado?
Yes, you can buy insurance coverage specifically for tornado damage. Homeowners insurance policies typically include coverage for tornadoes, but it's important to review the policy details to understand what is covered and what is excluded. Additionally, some areas prone to tornadoes may offer separate policies or endorsements specifically for tornado-related damages.
A tree fell on your sisters car while parked in your driveway during an ice storm. Will your homeowners cover this?
Homeowners Insurance is specific to the property of the named insured and sometimes, certain related liabilities of the named insured. The property of others is not covered.Nobody is liable for an act of nature, including natural falling objects.Your sister would have to look to her own chosen comprehensive auto insurance policy for an automotive loss.AnswerI don't believe the homeowners insurance would pay for the damage to the car unless some form of negligence can be established in relation to the tree. For example if it was very rotted and as a result fell on the car negligence might be established as a failure to maintain, but in a loss from a storm peril the coverage for the car would fall on the owner. In regards to the tree I have seen some homeowners policies that pay for removal of the fallen tree, but this is usually when the tree has damaged the dwelling.
Does homeowners insurance cover earthquakes?
Only if you have added and paid an additional premium for the Earthquake coverage endorsement.Adding earthquake insurance to your homeowner's policy is typically optional and can often be quite costly. As a result, only about 12% of California homeowners have earthquake insurance according to the California Earthquake Authority (CEA) . For more information, visit the Related Link below.
Does your farm bureau home owners insurance cover you if you are working in someone elses home?
Homeowners insurance policies are personal lines coverage and typically do not provide coverage for commercial or work related activities.
Does homeowners insurance cover asbestos?
You will need to refer to your Home insurance policy language. Alternatively you can ask your Insurance Agent or company representative. Most Home Insurance Policies these days contain specific language that excludes coverage for Asbestos and Asbestos related claims.
