I specifically am trying to find out if any state mandates the use of Marshall Swift data for calculating the reconstruction cost.
Category: Home Insurance
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Does My Homeowners Insurance Cover Cracks In The Foundation Brick?
I have just found a couple of cracks in my brick.
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Will AAA Insurance Cover A Broken Pool Water Pipe That Has Caused Damage To Our House?
We found a leak in a water pipe that supplies the pool with water It must have been there for some time. Our house has some damage and cracking in the walls. We are too old to repair it ourselves. Is this covered by AAA insurance?
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Does Homeowner’s Insurance Cover Stolen Car Key FOB Replacement?
I need to have the FOB key replaced on my 2008 Avalanche because the spare set was stolen out of my wife’s car.
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Am I Liable If Someone Gets Hurt In My Timeshare?
Am I liable if someone gets hurt in my timeshare, even if I’m using my points and going to different places than the place I bought and is there insurance for this?
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Does Insurance Cover A Dropped Floor Or Foundation?
We had a 20 ft belly in a pipe that connected our bathroom to the main sewer line. When the floor was jackhammered open to replace this pipe, one side of the floor dropped by 1 1/2″ because there was no dirt supporting the floor up on that side. The ground must have settled/ decayed leaving a huge gap under the foundation which is how the belly in the pipe formed to begin with. Now we have to rebuild the floor by ripping out the collapsed section and pour new concrete. The other issue is the floor has asbestos tiles on it so we may need an asbestos abatement. Is there anyway to have this covered by homeowners insurance?
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Do I Need Builders Risk Insurance To Purchase A Home Where We will Do Major Renovations Before Moving In?
The bank is requiring us to secure a homeowner’s insurance policy before closing. The insurance companies will not insure the house under a traditional homeowner’s insurance policy because we will close and immediately begin construction. We will not move in until the construction is finished because we have children and we don’t want to live in a construction zone. This seems like a catch 22. Please help this first time homebuyer and first time renovator what I need to do.
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Can Tools Or Valuable Property Stored In An Adjacent Structure Be Scheduled On Your Homeowners Policy?
Contents coverage wouldn’t apply because the adjacent structure doesn’t share the same foundation as the dwelling. If not scheduled, tools would be subject to deductible. If scheduled, not subject to deductible with broader coverage. How do you respond to a customer who has thousands of dollars in tools in a shop separate from foundation of dwelling that uses them for hobby only as opposed to business purposes? Also, what coverage applies to tools if removed from premises to do work in woods/ friends house/ etc.?
Newly licensed agent. Started in the business in January and absolutely loving what i do. No one grows up wanting to be an insurance agent, but God has blessed me with an opportunity and He has given me this unquenchable thirst to learn as much as I can and i have fallen in love with the material. I never realized how much HELP and support an agent could provide. Since I’ve started, i haven’t tried to be the cheapest, i want my customers to feel valued and 100% at peace in those times of a loss. I want them to just know that they are taken care of bc every i and t has been dotted and crossed to insure that i haven’t left them exposed with ANY gaps of coverage. The mentor i have is the smartest guy i know and he knows so much about the business and the industry. I want to be as knowledgeable as he is when i take over his book one day. This website literally just gave me a very competitive edge in the market to be able to provide knowledge and comfort to my customers that the “policy fat trimmers” and quick sellers can not provide. Looking very forward to learning from and hopefully one day being knowledgeable enough to return the favor on this website. With every question answered, there will be a new one to follow. Thanks for the help and guidance!