What does ACV mean on insurance claim?
What does ACV mean on insurance claim?Actual Cash ValueIf you have Actual Cash Value (ACV) coverage, your policy will pay...
HOME
What is pro rata vs short rate?
What is pro rata vs short rate?Pro rata cancellations are applied when the insurer cancels the policy. This usually happens...
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...
Why is Lemonade insurance so cheap?
Why is Lemonade insurance so cheap?Why is Lemonade home insurance so cheap? Lemonade Insurance offers low prices potentially because of...
What are the 2 types of home insurance?
What are the 2 types of home insurance?Types of Home Insurance in India Standard Fire and Special Perils Policy. ...Home...
Why is it called underwriting?
Why is it called underwriting?The term underwriter originated from the practice of having each risk-taker write their name under the...
What is better ho3 or ho5?
What is better ho3 or ho5?An HO-3 policy only covers personal property for named perils, while an HO-5 policy covers...
Why is Lemonade insurance successful?
Why is Lemonade insurance successful?Lemonade is able to get by with no physical branches or humans because it offers very...
Can I claim broken fence on house insurance?
Can I claim broken fence on house insurance?What is buildings insurance. Buildings insurance covers the cost of repairing damage to...
Do extra payments automatically go to principal?
Do extra payments automatically go to principal?The principal is the amount you borrowed. The interest is what you pay to...
