answersLogoWhite

0

If you mean a home that is in a Trust such as a Family Trust, then the trust manager, executor or administrator of said trust would be the person responsible for obtaining insurance coverage for the home and any other property entrusted to their care.

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

In a land contract.who is responsible for home owners insurance?

Nobody. Homeowners Insurance covers Homes not land.


Homeowners Insurance?

form_title=Homeowners Insurance form_header=Protect one of your most important assets with homeowners insurance. Get the homeowners coverage options to suit your life. Do you already own homeowners insurance?= () Yes () No Does your current homeowners insurance cover flood damage?= () Yes () No () Don't have homeowners insurance Are individual items in your house, such as your TV, covered by homeowners insurance?= () Yes () No () Not Applicable Are you looking to get homeowners insurance or update your current insurance?= () Get Insurance () Update Insurance


Who is responsible for homeowners insurance the beneficiary of the trust or the person with a life estate interest in the property?

Q. Who is responsible for homeowners insurance the beneficiary of the trust or the person with a life estate interest in the property? A. If the property is a (personal residence, family farm, rental property or even a vacation property) held in trust.Regardless of a life estate for a named beneficiary. The property tax payable would be the responsibility of the owner of the property listed on the property deed. In this case it appears that the owner of the property is the trust. Therefore the trust would be responsible for the tax. The remainderman beneficiary nor the current beneficiary enjoying a life estate in the property would owe the property tax.


Does homeowners insurance cover damage caused by a repair man?

Not generally. If the repair man is responsible for damage, he is also responsible to repair it.


Is homeowners insurance or condo insurance or both responsible for leakage from the roof that has caused damage to the floors ceiling and walls?

In most cases the association is responsible for mantaining the roof and structure. It should the the association's insurance problem.


Does homeowners insurance cover your mortgage if you are laid off?

No. This is not what homeowners insurance is for. Homeowners insurance is to pay for physical damage to your home and contents.


Whose insurance is responsible if a tree on your property falls and damages another person's vehicle during clear weather?

Weather doesn't matter. Your HomeOwners Insurance would be responsible for those damages.


Does homeowners' liability insurance cover personal injury on another property?

No, your Homeowners Insurance will not. Your Medical Insurance Will.


Does homeowner insurance cover tenants who live in a duplex if they fall and break ankle?

No. Homeowners insruance excluded residents of the property. Their medical insurance is responsible for this only.


Will the homeowners insurance go up if spouse dies?

No. This will have nothing to do with the price of the homeowners insurance.


Does homeowners insurance continue after the owners death?

Homeowners insurance will continue after an owners death. The Homeowners insurance policy will typically be paid for by the executor of the estate and become his or her responsibility.


Does homeowners insurance cover slashed tires?

NO. Homeowners insurance policies do not provide coverage for automobiles. That's what auto insurance is for.

Trending Questions
What is the rotation on a big block Chevy? If you are 16 and have had your learner's permit for a year and get your license can you buy auto insurance without a parent co-signing? On mountain roads if your line of sight is obstructed when should you sound the horn or flash the lights? Why would insularity prove fatal to general motors? What types of people are more susceptible to purchasing poor-quality vehicles? What does code 720 with code 700 in a 2004 neon mean trans won't move in any gear? What is the mission statement for Progressive Insurance? Does gap insurance cover the vehicle if repo is made? Oo or oO which is best? A minor child with no license hit my car will her parents auto insurance repair my car? What is the tonnage of a Goodman air conditioner model number GSX130301DA? What changes have you observed in your community? What are the main dimensions of Peterbilt 359 Truck? Why would a car start and run then out of no where stop running and wont start but after awhile start like nothing is wrong? What is the Firing order for 1969 Chevy C10 Pickup 6 cyc? Can you drive with a broken catalytic converter? Mike used his travel card to purchase airfare lodging rental car gasoline meals and parking and used an ATM to obtain a cash withdrawal. Which expenses must Mike split disburse to the travel car? What engine oil goes in to Massey Ferguson 35 x? What does the red light on the dash broad mean that has a arrowpointing down and a waver line under it? Difference between Glass Beading and Sand Blasting?