0
Add your answer:
Earn +20 pts
Is a homeowner's insurance claim taxable?
no. you are being reimbursed for your loss.
Can you claim on insurance if you have an accident backing out of your driveway?
It depends on the type of insurance, the terms of the contract and the circumstances.
If your truck and bike were stolen from your driveway will your rates increase if you file a claim with your homeowner's insurance?
Homeowner's insurance does not cover that type of loss.AnswerAny time you file a claim with either auto or homeowners insurance, your rates increase. If it costs more to replace the items than the rate increase, then file the claim. Ask your insurance company how much extra you will pay and for how long, do the math and see for yourself. While homeowner's insurance won't cover your truck if stolen (that's what comprehensive coverage under auto insurance is for), it will cover your bike if stolen from your driveway. But that is subject to your deductible and if it is a typical deductible (like $1000) it won't make any sense to even make the claim.And when you do file, you now become a higher risk so you have the possibility of getting higher rates but that totally depends on your insurer and your loss history.
Does homeowner insurance cover the homeowner?
If i go out of town and live the water running from the sink would mu homeowners cover the claim
Can a homeowner insurance company file a claim against a homeowner's employee acting as a general contractor during a remodeling project?
Yes
Will your homeowner's insurance pay medical expenses if you are injured in a fall in your home?
No, that would be medical insurance. Homeowner's insurance covers things like burglaries and damage to the home. * Homeowner's insurance will pay for injuries to other persons that occur on the owner's property when they find the claim justified.
Where can you get homeowner insurance if you have an open claim?
Depending on the type of claim, you should be able to acquire replacement coverage even with the claim being open. The claim payee will be determined by when the claim happened.
Will your homeowner's insurance pay if you are sued?
If it relates to a personal injury claim where the individual was injured on the policy holder's property then usually homeowner's insurance will provide compensation up to the specific amount stated in the policy.
If a homeowners insurance agency claimed you the homeowner filed a fraudulent claim is there a statute of limitations on a lawsuit that the insurance company can file against the homeowner?
Every state has different statute of limitations on crimes such as filing a fraudulent claim. Contact an attorney or check out your state's statutes to determine the SOL.
Why do you need a homeowners insurance adjuster to file a claim?
You don't. The homeowner files the claim. The adjuster then reviews the claim to determine if it is in fact a covered loss under the terms of your policy.
Can homeowner's insurance be cancelled because of a wind damage claim?
Yes, actually the largest amount of non renewals for home insurance are due to claims.
Will homeowner's insurance normally cover a property damage claim which exceeds the liability coverage limit from a car accident?
No.
