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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The Court considered whether the Plaintiffs’ loss was caused by theft or vandalism, as neither term was defined in the policy. In Cheung, the Plaintiffs, who resided in California, purchased property in scenic Mount Vernon, Washington, in July 2021, and insured the property through a policy of insurance issued by Allstate.

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

Wren Insurance Agency

Your policy may also provide some of the following benefits, depending on your carrier and any additional coverages you've elected to add on to your base policy: Debris removal Replacement of personal property (i.e. Your basic dwelling coverage is meant to rebuild or repair your home after a fire event.

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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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Insurance Considerations for Newlyweds: Merging Policies and Coverage

Mark Jackson Insurance Agency

Evaluate your existing life insurance policies and consider whether your coverage needs adjustment to reflect your new marital status. You may find that increasing your coverage or purchasing additional policies ensures both partners are adequately protected.

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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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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. This can apply to a total loss (e.g. damage caused by a leak).