What does 100k 300k 100k mean?
What does 100k 300k 100k mean?You should have at least 100,000/300,000/100,000 split limit coverage. That means: $100,000 of coverage per...
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What is a cash surrender value?
What is a cash surrender value?Cash surrender value is the amount left over after fees when you cancel a permanent...
What does O&P mean in insurance?
What does O&P mean in insurance?Overhead and ProfitGeneral Contractors charge for Overhead and Profit (“O & P“) as line items...
How do you know if your car has apple cider vinegar?
How do you know if your car has apple cider vinegar?How is ACV determined? To determine your vehicle's ACV, your...
Is a downstairs toilet classed as a bathroom for insurance?
Is a downstairs toilet classed as a bathroom for insurance?Is a downstairs toilet classed as a bathroom for insurance? Yes,...
What are the consequences of under insurance?
What are the consequences of under insurance?Potential losses could be exacerbated if the insurer applies the 'average' principle to a...
Is a $2500 deductible good home insurance?
Is a $2500 deductible good home insurance?Is a $2,500 deductible good for home insurance? Yes, if the insured can easily...
What does 100 replacement cost mean for insurance?
What does 100 replacement cost mean for insurance?Replacement Cost Coverage When you insure your home to 100% of its replacement...
What type of risk is uninsurable?
What type of risk is uninsurable?An uninsurable risk is a risk that insurance companies cannot insure (or are reluctant to...
What happens if my house is under insured?
What happens if my house is under insured?Underinsurance occurs when you insure your buildings and contents for less than the...
