Does home insurance cover fire caused by cigarette?
Does home insurance cover fire caused by cigarette?Yes – coverage for smoke and fire damage are both included in a...
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Is double insurance legal?
Is double insurance legal?Having two auto insurance policies is legal, but filing the same claim with two different insurers isn't....
What is over insurance and underinsurance?
What is over insurance and underinsurance?Notes on Over Insurance: In case of over insurance a situation arises where insurance cover...
What is the meaning fidelity insurance?
What is the meaning fidelity insurance?Legal Definition of fidelity insurance : insurance against loss caused by the dishonesty or nonperformance...
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...
What is ACV price?
What is ACV price?What Is Actual Cash Value? Actual cash value (ACV) is the amount equal to the replacement cost...
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...
Is it better to put 20 down or pay PMI?
Is it better to put 20 down or pay PMI?PMI is designed to protect the lender in case you default...
How long do you have to make a house insurance claim?
How long do you have to make a house insurance claim?How long do I have to submit a claim? Depending...
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...
