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Valuables Insurance Coverage: Art Insurance Fire Claim Headed to Trial

Property Insurance Coverage Law

One of the more complex damage issues that must be addressed in all fire, smoke, and heat claims is the amount of damage to personal property in areas of a structure far away from the main fire.

Claim 142
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Louisiana Court Finds That an Insured Breached its Duty to Cooperate

The Property Insurance Law Observer

In Marcantel , the plaintiff suffered damage from Hurricane Laura at two properties in Louisiana. Following the hurricane, plaintiff submitted an insurance claim with a detailed contents list for $663,682 in personal property losses.

Damage 130
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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. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft.

Theft 130
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Prepare for the Unexpected — How to Help Policyholders With Disaster Planning

American Agents Alliance

That means considering the three basic priorities of life safety, property preservation, and incident stabilization in a disaster plan. Discuss how to inventory personal property with receipts, photos, and videos. Provide a checklist so your policyholders can easily keep track of personal property.

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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

Whether it’s a big project involving reconstruction of part of your home, or a small project that will increase the value of your home or personal property, your renovation will affect your homeowners insurance. However, for many home renovation projects, you will need to inform your insurance agent.

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Does Homeowner’s Insurance Cover Boats?

Maritime Insurance International

Most home insurance policies offer two main types of coverage: property damage and personal liability. In those cases, however, the policy will usually only cover property damage to your boat while it is on your property. Most home policies typically only offer around $1,000 max for boat property damage.

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How to Read Homeowners Insurance Quotes

TGS

If you suffer from losses or damages beyond those limits, you will be responsible for paying the rest out of pocket. 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.