Posts Tagged ‘insurance’
What is the total home insurance payment a year in US?
Answer:
depends on how much your house is worth. So can’t really answer this question without that info.
LOOKING FOR HOME OWNERS INSURANCE CALIFORNIA WITH A ROTTWEILER?
I am purchasing a house this month and trying to get an IDEA on how much my home owners insurance will run me, however I have a rottweiler ( obedience trained, no attack training) and several insurance companies have out right told me they do not write policies for owners with rottweilers… any one know of a company that will cover me? and Not charge me an arm and a leg??
Answer:
State farm is a dog friendly company. They only ask if your dog was trained to be a guard dog or if it has ever bitten anybody. Not sure if it varies by state but in my state they insure aggressive breeds
State Medicaid for nusring home resident–do they take life insurance upon passing?
My grandmother is a nursing home resident under state medicaid. She has a small life insurance policy that only family is aware of. Upon her passing, if we used the life insurance policy, would the state take the funds?
Answer:
If your grandmother has named a beneficiary the beneficiary receives the death benefit with no encumbrance from the State. If she does not name a beneficiary or if the beneficiary (or beneficiaries) are no longer alive the death benefit would go to her estate and the State would claim the assets of her estate.
Do I need insurance to drive just bought car home? If not, what is home in that case?
It’d not make sense if this insurance is req’d as u can’t buy insurance without car and buying insurance right then and there with car is bit insane. If insurance is not needed, then how home is defined. I can buy car in GA and drive to my home to PA, right?
Answer:
The insurance laws are the way they are for a reason. You don’t see the ‘sense’ in it now but you will if you wreck and cause harm to someone else. You can not drive the car off the lot without proof of liability insurance or financial responsibility. If you can’t, or refuse, to do this then don’t buy the car.
Where can I find home owners insurance that will pay the remaining balance on my home when I pass on. (Die)?
I understand there are companies that do this. I would like to leave it to a family member, and am worried that they will not be able to pay the balance. This way I know it will be taken care of.
Answer:
Hi, you need to get life assurance (term assurance) so, if you have 20 years left on your mortgage, you get 20years life insurance to cover the amount owed.
Some firms do decreasing term assurance, which runs along side your mortgage and the sum insured decreases as you pay off the capital.
So, make sure you check whether you are buying level term assurance or not, and choose to suit your needs.
C
With whom should I insure my home, now that State Farm is letting go of their Florida home insurance policies?
Answer:
It pays to start shopping around for a new policy. The good news is that more than a dozen insurance companies have entered the market since the hurricane-induced meltdown of 2004-06.
Citizens Property Insurance Corp., the state’s insurer of last resort, has been farming out hundreds of thousands of its policies to startup companies. Firms in that group include American Integrity Insurance, United Property & Casualty and Federated National Insurance. Many have been dubbed poor financial risks, though none has been tested thanks to our mostly storm-free hurricane seasons since 2006.
Companies with stronger ratings have been branching out in Florida, too. One is St. Petersburg’s ASI, which recently insured only newer homes, but now is taking on older homes.
If you struggle to find coverage, contact the Florida Market Assistance Plan at www.fmap.org or by calling toll-free 800-524-9023. FMAP helps consumers find coverage. If you still can’t secure a policy, an agent will place you with Citizens Property Insurance.
Can an insurance company cancel home owners insurance because you own a dog?
We have a friend that was told by insurance company that he had to get rid of his 2 labs because they are high on the bite list. If he diesn’t get rid of them the insurance company will cancel him.
Answer:
Yes, they can. However, Labs are not generally considered biters and I’m wondering what list they were looking at.
Have either of the dogs bitten anyone?
There seems to be something else going on here. Read the article below though and tell them to find another insurance company. Not all insurance companies are anti-dog. They’re just anti-dogs that bite and I’m having a problem with Labs being classed as biters. They are not a breed known for biting. If they were, Guide Dogs for the Blind wouldn’t be using them as one of their main breeds for Guide Dogs.
Additional info: Here’s the only dog bite list I could find. Labs are not on it. (the number at the end of each breed is the number of fatalities between 1979 – 1998)
1. Pit Bull — 76
2. Rottweiler — 44
3. German Shephard — 27
4. Husky — 21
5. Malamute — 15
6. Wolf-Dog Hybrid — 14
7. Mixed Breed — 12
8. Chow-Chow — 11
9. Doberman-Pincher — 9
10. Great Dane — 8
11. St. Bernard — 8
home insurance? renting to my brother do i need landlord insurance?
i am buying a flat and my brother is going to rent it from me. i will not be living in the flat he will be in it himself.
he will pay me the amount of the mortgage so i will not be making any profit rom the rental.
do i need landlord insurance or what are the options?
Answer:
Yes you need a dwelling fire policy (some people call it landlord insurance). A Homeowner’s policy is only for owner-occupants, so since you do not live there you need a different policy. As the previous poster wrote Talk to your broker!
As for your brother, it is also in his best interest to get a renter’s policy. His contents and his liability cannot be covered by your policy, since it is your policy and not his policy.
Do I need insurance to teach at home?
I’m thinking about giving some music lessons from home to boost my income, would I need special insurance – and would it affect my mortgage?
Answer:
It should not affect your mortgage unless you are running a full time business from your home. You should increase your liability coverage and maybe look at an umbrella policy since you have an increased liability exposure (to protect you if someone says they got hurt coming to your home for lessons). Talk to your agent. Important to do before you start to figure out the increased cost and adjust your rates to cover this business expense.
ontario mobile home insurance companys?
today a major insurance company advised me that due to a added room to mobile home cannot be insured and all other perils pass.
they quoted me about 0.00 which is better than my current insurance of 0.00 per year.
the home is 800 sq feet and the added rooms total is 600 sq feet.
if you have a mobile home with a added room attached located in
ontario who is your insurance company and how much do you pay?
In general it is hard to insure mobile homes but it is required for the bank of a 103,000 asset.
Answer:
Request a Quote to this boker, They help you: http://www.may-mcconville.com/html/services/services.htm