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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.

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 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?

Insurer 52
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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

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

Jackson & Jackson

One important aspect of homeowners insurance is that it not only protects the physical structure of the home but also extends coverage to personal belongings inside the property. Being prepared can help mitigate risks and potentially make finding homeowners insurance in the future less challenging.

Insurer 52