Category Archives: damages
Property investment has become a popular choice for people who want to get into the business of investment. It is only natural with all the tax and mortgage benefits associated with a property investment. But property investments involve a lot of risk factors. To protect yourself from these perils, you need investment property insurance.
A property insurance claim is a formal request of assistance from your insurance company after suffering from damages caused by incidents outlined in your policy. A property insurance claim is a legal document. Property insurance claims are assessed and evaluated by property insurance claims clerks to find out if the requests made are valid.
If you own a rental property, it is very likely that you will have to grapple with costs of damages caused by your guests. So how do you overcome this hurdle in your financial investment? A lot of companies are now offering property insurance for landlords. Damages due to natural catastrophes such as fires, floods, storms, or water can be covered by property insurance for landlords.
A non-profit insurance company, Florida Citizens Property Insurance Corporation was created in 2002 in a law passed by the State Legislature. It was right after Hurricane Andrew devastated the southern part of the state that Florida Citizens Property Insurance Corporation was established.
The Michigan Basic Property Insurance Association was created through the Insurance Code of 1956, Act 218.1956, to provide insurance coverage to all qualified persons within the State.
Florida homeowners, especially those in high-risk areas, experience a difficult time getting insurance coverage for damages caused by hurricanes and windstorms. Many private insurance companies are almost adamant at writing new policies that are specific to their insurance needs. For this reason, the Citizens Property Insurance Corp was created
Because of the frequency of hurricane and windstorm occurrences in Florida, homeowners in that state have trouble getting insurance coverage from the open, private insurance market.
How much your home property insurance coverage will cost is not the only thing to consider when you’re shopping for insurance.
Every type of business — whether small, medium, or large – needs property and casualty insurance coverage to protect from loss. Your business is your investment. So much of your time, money, and effort have been routed to your business to get it to where it is today. Having property and casualty […]
To get the amount of coverage you need, you would have to file for a property insurance claim. A property insurance claim is a legal document outlining the cost of damages of your insured property.