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Is a homeowner's insurance claim taxable?
no. you are being reimbursed for your loss.
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.
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.
What to do when your basement tenant sue the house owner six weeks after a fall without even inform the owner at the time of fall and Is it covered by homeowner insurance?
It is very difficult to prove if the tenant had not informed the tenant at the time of fall. Judge will suspect that it is fraudulent insurance claim. Tenants are not covered by a homeowner insurance. However, if the homeowner has a landlord insurance, tenants are covered.
Does homeowner insurance pay the claim on cars vandalized in their driveway?
No, An auto theft or vandalism would have to be covered by the vehicle owners comprehensive auto insurance policy. that's what Auto Insurance is for.
What is homeowners liability insurance for?
The liability portion of your home insurance policy provides protection in the event someone asserts a claim of liability against the homeowner for damages or injuries.
