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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The loss was reported to Allstate on November 24, 2021, and the Plaintiffs filed a claim seeking coverage for the damage to their dwelling and structures in the amount of $200,000. After investigating, Allstate denied coverage, invoking the policy’s vandalism exclusion and increased risk provision. Citing to Allemand v.

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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

When taking on new home renovations, your homeowners insurance policy might not be the first thing on your mind. However, for many home renovation projects, you will need to inform your insurance agent. Let’s take a look at some of the most common ways that home renovations will impact your insurance policy.

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Why Regular Home Insurance Policy Reviews Are Essential 

Freeway Insurance

Once you purchase your first house and set up a homeowners insurance policy , you may think that your insurance needs will be taken care of for as long as you own the house. However, reviewing your home insurance policy on a regular basis is essential if you want to fully protect your property.

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Block of Flats Insurance Glossary of Terms

Property Insurance Centre

Consequences of Underinsurance In the event of a claim on the block insurance policy , the insurer or its appointed loss adjuster may check to see that the Declared Value is adequate. If it is not, they may rely upon a clause within the insurance policy called Average, Average Condition, or Underinsurance.

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How to Read Homeowners Insurance Quotes

TGS

A lot of factors go into calculating your home insurance premium. For example, you may receive your insurance through ASI Progressive, which is part of the Progressive Group of Insurance Companies. Policy Number If you ever need to file a claim, this policy number is what you will use.

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Why Finding Homeowners Insurance in California is So Challenging in 2024:

Jackson & Jackson

This heightened risk of wildfires has led insurers to reevaluate their exposure in high-risk areas, potentially leaving homeowners in these regions with limited options for insurance coverage. Look for reputable companies with a strong financial standing and a history of satisfying their customers’ claims.

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Does Homeowners Insurance Cover Collectibles? 

Distinguished

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.