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What Is Recoverable Depreciation in Home Insurance?

Property Insurance Coverage Law

If you’ve suffered property loss or damage, knowing what your insurance covers is crucial. Understanding recoverable depreciation can help policyholders get the full replacement cost for damaged or destroyed items, not just their depreciated value. What … The post What Is Recoverable Depreciation in Home Insurance?

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Insurers Say Honda and Local Dealer Should Pay for Damages Caused by Car Fire

Insurance Journal

Three insurers that paid more than $1 million in auto and property damage claims to a New York couple and their homeowners association are attempting to recover the payments from the giant car maker and local dealership. The claims stemmed …

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Protect Your Adobe Oasis with Essential Home Insurance Tips in Michigan

Shield Insurance Agency

Learn how you can secure your Michigan home against unexpected perils like breaking winds, uncontrollable wildfires, and theft in the guide from Shield Insurance Agency below. Talk to a trusted insurance agent to find out how safeguarding your home can reduce home insurance costs.

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Renovations and Home Insurance: What You Need to Know

Boyle Agency Insurance

However, amidst the anticipation and creativity that renovations bring, it’s crucial not to overlook the impact they can have on your home insurance. Coverage Adjustments Renovations can increase the value of your home, and it’s essential to ensure that your home insurance coverage reflects these changes.

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Does my Landlords Insurance Policy cover terrorism

Prof. Allan Manning

Some Defined Events policies do not exclude Acts of Terrorism, but the loss or damage would still need to be as a result of a Defined Event. Ie if it involves fire then the damage would all other things be equal, be covered. There are a few Policies with Optional Accidental Damage which do not have an Exclusion.

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The California Wildfires - What Impact Will They Have On Florida Insurance?

Wren Insurance Agency

Here in Florida unfortunately, we know the incredible damage wildfires can do. Yet today, as Florida residents watch the news in California, seeing how many personal residences are being demolished by the flames, many are wondering what the impacts will be to Florida's already-challenging home insurance market.

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Weathering the Storm: How IBHS Is Revolutionizing Building Safety

Insurance Journal

I recently watched the new movie Twisters starring Daisy Edgar-Jones and Glen Powell, which gives viewers a fantastic and frightening look at the damage tornadoes and severe weather can cause to American communities. Early in the film, storm chaser/scientist Javi, …

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