There is no set answer to this, since it depends on many factors, such as: * How much coverage do you have? * What type of coverage do you have? * What is the nature of the claim (fire, flood, etc.) * Was the house insured for full replacement cost, or less? * Did you also have contents insurance, and was there damage to the contents as well? * Did you also have coverage on appurtenant structures (detached buildings such as a tool shed, etc.)? * Are you sure the policy was already in effect at the time of loss? Many policies have a waiting period before they become effective.
How much increase auto insurance after claim
The amount of insurance a family should have on a residential home depends on the type of home, the square footage of the home, if it requires flood insurance and if the home owner wants to cover property loss.
How about asking him. With todays privacy laws it is probably none of your business whether or not he has homeowners insurance. If there is a case where a possible claim may result and you don't have the nerve to ask him then it's not much of a claim is it.
You should be able to find that information in the policy terms.If not you should contact your agent. Insurance companies have their own guidelines, requirements concerning these matters.
In order to determine how much household insurance you need, you first need to determine the value of your home, and the personal belongings you have in it. You can get an insurance agent to help you with it.
probably none.
My house burned down and I am trying to file a claim for fire and smoke damage. How do insurance companies know how much to compensate for the damage? Do they look at your inventory list?
Usually not. Most companies do not rate up for a claim. However, at this time it is very hard to get homeowners insurance at a good rate if you are cancelled by another company or if you have claims it is hard to move to another company. Insurance goes in cycles. For the past few years insurance companies have been loosing money on homeowners insurance so they have become much more careful with their underwriting. It is easier to get car insurance than home insurance. Most companies will not even write home insurance unless you also give them your auto insurance.
"Yes you should get your boat insurance bundled with your car insurance though because you could get a much cheaper rate, and your home insurance could be included as well."
It is not worth it. Once you file a claim, your insurance premiums will increase for a couple of years. You should talk to your agent to see how long premiums will increase for and how much your increase will be. I would not file an insurance claim to get back $300. If it was over $1000, it might be worth it.
You should consider the area you are living in, whether your home will be prone to much damage. You should consider the cost, whether or not you can afford this insurance and whether or not the home is something that is only a short stop or somewhere you truly want to stay.
Business insurance depends on your business income and home much you can put forth during a years time. Business car insurance should be pretty standard to regular insurance unless you have multiple drivers added to your plan.