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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

On November 20, 2021, after the home was vacant for an extended period of time, unidentified individuals broke into and damaged Plaintiffs’ property, taking various items. After investigating, Allstate denied coverage, invoking the policy’s vandalism exclusion and increased risk provision. Citing to Allemand v.

Theft 130
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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. In order to make sure you have the right continuous coverage, always consult your insurance agent!

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Does Homeowner’s Insurance Cover Boats?

Maritime Insurance International

While every policy is different, in most cases, homeowner’s insurance policies only offer limited coverage for boats. In this post, we’ll walk you through everything you need to know about whether or not homeowner’s insurance covers boats and the advantages of purchasing a dedicated boat insurance policy instead.

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Does Homeowners Insurance Cover Collectibles? 

Distinguished

Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Does Homeowners Insurance Typically Cover Art or Collectibles? What is Collectibles Insurance?

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How to Read Homeowners Insurance Quotes

TGS

A lot of factors go into calculating your home insurance premium. If you own multiple properties, confirm that your billing address and insured location are both accurate. Limits This portion of your home insurance quote breaks down the maximum amount that your home insurance policy will pay for each type of coverage.

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

Jackson & Jackson

This guide aims to shed light on the basics of homeowners insurance, the challenges specific to California’s insurance market, the reasons why finding coverage is more challenging now, tips for homeowners to navigate these obstacles, and a glimpse into the future of homeowners insurance in the state.

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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.