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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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Landlord Insurance vs. Standard Home Insurance: Key Differences

Protect Commercial Insurance

Definition and Purpose Standard home insurance is designed for individuals who live in their property, covering both the home and possessions inside it from damage and theft. Its primary aim is to protect the homeowner’s property and personal assets against common risks, such as fire, theft, or inclement weather.

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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. For example, standard home insurance will not cover theft or vandalism during construction.

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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. While a standard homeowners policy often includes some coverage for personal property, which can extend to art and collectibles, it’s often not enough for most serious collectors.

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Does Homeowner’s Insurance Cover Boats?

Maritime Insurance International

Here’s what you need to know: Property damage that is typically eligible for coverage under a homeowner’s policy is damage to your property including your home, structures on your property like sheds and garages, and personal property.

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Discover the Added Value of Renter’s Insurance in Michigan

Shield Insurance Agency

Rental Insurance Value: Safeguarding Your Assets One of the significant benefits of having renters insurance in Michigan is the protection it provides for your personal property. From furniture and electronics to clothing and jewelry, your belongings are safeguarded against perils such as fire, theft, vandalism, and more.

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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.

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