If some of the allegations of the claim are covered by the indemnification provisions for the policy, the insurer is obligated to defend the entire action.
Yes, loss history reports can sometimes contain inaccurate information that can negatively impact insurance premiums. Contacting your state Insurance Department can address inaccuracies.
Under the Federal Fair Credit Reporting Act, only the property owner, the lending service, or the insurance provider can access your CLUE report.
Yes, an insurance underwriter will analyze your loss history report to determine the cost of your insurance plan.
Most water backup insurance providers offer different levels of coverage. You may choose a policy that protects a given value of your property, like $5,000, or one that will fully replace affected items in your home.
Water backup insurance isn’t exclusively for homeowners. Remember, water backups can also wreak havoc in apartments, so getting coverage for your unit is advisable.
You may recover damages from the power company if the power interruption resulted directly from the provider’s negligent actions.
Your homeowner’s policy will not reimburse you for food spoilage if your power is shut off.
Generally, debris will need to be placed curbside, and you’re responsible for sorting and placing it there. Check with your local waste management agency to learn about the junk removal and disposal procedures and your specific responsibilities.
If a hurricane destroyed your home and other properties in your area, the city or county may provide free “roll off” dumpsters or give you the option of partaking in a coordinated lot cleaning program by selecting junk removal contractors to remove junk from properties of homeowners who are willing to participate. These programs provide […]