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Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

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Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

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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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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.

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Decision: Insurer Prevails on Motion in Limine to Exclude RCV Evidence at Trial

The Property Insurance Law Observer

Background: Plaintiffs, Luz Marquez and Gilberto Santiago (Plaintiffs), sued Clear Blue Specialty Insurance Company (Clear Blue) for denial of coverage under their homeowners policy (the Policy) for damage to their home allegedly caused by Hurricane Ian.

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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. 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.

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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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