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This sentance refers to the type of damage the insurance will cover. Direct loss is a tree hitting a house, or a fire happing in a kitchen. an Indirect loss would be if the fire department made you leave the home becasue there is a forest fire coming and they are evacuating all the residents. Although most insurance companies have a coverage in there policy to cover that as well that is a good example of an indirect loss.
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Can a person insure property that belongs to someone else?
No, in order to get an insurance policy on property you need to have an insurable interest. Meaning you need to own the property or have some other interest in the property.
Can one insurance carrier issue two policies to insure one property?
No, two policies cannot be issued against a single property as per Insurance Law.
Which company does Insure Direct now trade as?
The company called 'Insure Direct' Now trade as 'Dubai Trade'. This has been official since Dubai Trade made a deal with the company Insure Direct a while back.
Can you insure someone else home?
Insurance for Someone Else's HomeYes, You can Insure the property of another person. So Long as you have authorization to do so and the owner is benefited, or an other insurable interest in that property exists. You can not insure the property of another when no insurable interest exists. It would be unlawful to insure the property or life of another where the intent is to gain unduly from anothers loss.
Will an insurance company insure a property without a certificate of occupancy?
no it will not
How do you insure a vehicle against acts of war?
You can't
What is the Insure domestic tranquility meaning?
to make or inforse it
Do you have to insure a car that has been repossessed?
No, since the car is no longer considered "your" property.
Do you have to insure a non running car?
If the car is located on private property, it does not have to be insured.
What services does the Auto Insure Direct offer?
Auto Insure Direct offers car/auto insurance, commercial property insurance, motorcycle/ATV/Jet Ski insurance, homeowners insurance, general liability insurance, boat/trailer insurance, commercial vehicle insurance, recreational vehicles insurance and competitve rates. A consumer can receive insurance quotes, report a claim, check the companies locations, and contact them.
What are some car insurance companies that will insure a classic truck?
Insurance companies that will insure classic trucks include Direct Line and More Than. A company called Classic Truck Insurance also insure classic trucks.
Can you insure someone else's financed car?
No. Insurance cannot be obtained on property which the policy holder has no vested interest or ability to control.
