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Block of Flats Insurance Glossary of Terms

Property Insurance Centre

Importance of Accurate Declared Value It is vital that the block management company ensures the flats are insured for the correct rebuilding cost , as this value can increase each year depending on rising costs of materials and labour, as well as new building regulations.

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Insurance Considerations for Newlyweds: Merging Policies and Coverage

Mark Jackson Insurance Agency

Review Home/Renters Coverage If You Are Moving Combining households means consolidating belongings under one roof, which can significantly increase the value of your personal property. You may find that increasing your coverage or purchasing additional policies ensures both partners are adequately protected.

Policy 52
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Do You Own a Townhome? If so, you may be over-insured!

Wren Insurance Agency

For example, if your bylaws state that your HOA covers roof replacement, it is likely you will only need to purchase condo insurance, or a "walls-in" HO6 policy to cover your personal property and items within the unit itself like walls and fixtures. We'll be happy to let you know what type of coverage you should have.

Policy 52
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How to Read Homeowners Insurance Quotes

TGS

The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score. Coverage: Section I This section of your home insurance quote details the coverages relating to your property: Coverage A ( Dwelling ) : This covers the structure of your house.

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The Insurance Industry Faces Growing Wildfire Risk in California

American Agents Alliance

Building resilience in local communities is another way Californians can be proactive when facing changing regulations and increasing wildfire risk. Documenting personal property with videos, pictures, and receipts is a way policyholders can be proactive about pre-disaster planning.

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Why Regular Home Insurance Policy Reviews Are Essential 

Freeway Insurance

If you do a major project on your home, such as building a new addition to expand your family, youll want a plan that accounts for this added value to your home. Similarly, if someone moves out of your house, you may no longer need a high limit for your personal property coverage.

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South Carolina Wind Pool Insurance Explained

TGS

This will include dwelling structure, personal property, loss of use, and increased rebuilding costs. Your property must have a roof that is in good condition (determined by the insurance provider). Your property must not be used for illegal or immoral purposes. What Coverage Does the Wind Pool Offer?