Sentences with phrase «cause of loss»

Location and identification of property insured (for example, property address); policy and claim numbers; coverage details; cause of loss; and, your status as owner.

The insurance companies always go back to the trigger or the 1st covered cause of loss.

Illegal activities are specifically excluded on standard property insurance policies, and if the growing operation is the cause of loss - like an electrical overload causing a fire - the insurance company has a legitimate reason to deny the claim.

SUMMARY OF QUALIFICATIONS * Investigated cause of loss and subrogation potential for hundreds of worker's compensation, liability and property losses.

• Utilize various investigative tools like CCTV footage to determine cause of loss and apprehend it • Coach and mentor the staff regarding updated and effective LP strategies • Conduct regular shortage audits in collaboration with the store management while adhering to applicable Merchandise Protection Standards

Shorting Bitcoin has been my biggest cause of loss.

-- Your policy covers any cause of loss (fire, lighting, wind, hail, explosion, burst water pipes, and so on) unless that cause is specifically excluded in the policy documents.

A claim representative will be assigned to your claim in order to investigate the cause of the loss, and to determine the replacement cost value for the items damaged in the loss.

What is a renters insurance cause of loss?

While not every possible cause of loss is covered under your policy, many common ones are.

This is a common cause of loss, so it's important to have documentation of what you have.

We remember one particular case in which a landlord's policy denied coverage for cleanup of a home that was used as a meth house by the tenants, because the cause of the loss was criminal activity.

While unintentional, it's an act of a person which was the direct cause of loss.

It depends on the type of loss, who caused it, and the actual cause of the loss.

Almost without regard to the cause of the loss, if your property suffers a loss, it's your responsibility to mitigate it and to either have insured for that risk or to resolve the problem yourself.

Tornadoes are generally a covered cause of loss, so long as your policy has wind coverage — the vast majority of them do, though there may be some exceptions in parts of the Gulf Coast.

This claim representative will work with you in regards to assessing the cause of the loss, the extent of your loss, and issuing coverage to extend the funds necessary from your policy.

To determine if coverage applies, we look for the proximate cause of the loss — that is to say, the cause closest to the loss.

It covers expenses your incur to remove debris of damaged property if the damage results from a covered cause of loss.

The power surge is irrelevant because the proximate cause of the loss in the above example is the fire.

By the same token, if you were on the very outside of the area targeted, and suffered fire as a result of a nuclear detonation that didn't otherwise impact you, that fire could be a covered cause of loss.

On the other hand, if that power surge causes a fire because it overloads the wiring in the building, the resulting cause of loss to your computer is the fire itself, not the power surge that caused it.

That means that there is coverage if the cause of loss is listed in the policy.

On the other hand, if there was a fire and the water that was used to put out the fire grew into mold, the remediation would be covered due to the cause of loss being a fire.

Theft is the most common cause of loss and something too many people experience.

If you're accidentally the cause of a loss of property, those unit owners will look to you to make them whole.

In that instance, the weight of snow and ice would be the proximate cause of the loss, affording coverage.

You may have one deductible for your home and contents, and a different deductible if the cause of loss is an earthquake.

If you have a personal property loss, the cause of the loss may mean you can't stay in your apartment for a short period of time.

The proximate cause of a loss is the thing nearest to it, such as water from a fire hose damaging the building.

If the entire apartment has to be sprayed down with fire hoses to make sure there are no hot spots left, the damage from that water can be covered as well because the fire is the ultimate cause of your loss.

This means that unless the cause of loss is specifically excluded, the insurer pays the value loss settlement amount if the property is lost, stolen or destroyed.

Peril A peril may be defined as the cause of a loss.

Most Replacement Cost Policies cover at replacement cost the following: a covered damage or «cause of loss» to the structure of your home and can also include replacement cost coverage for your personal belongings as well.

You could also file a liability claim against your neighbor's policy, considering that there is a direct, causal relationship between your neighbor's negligence allowing the unsupervised child access to the bathroom and the proximate cause of the loss.

Theft is the most common cause of loss and something many people experience at some point in their lives.

A fire is a covered loss, so even if it didn't cause damage to your apartment, if the building is not usable, the fire is still the cause of loss so you still have the additional living expense coverage.

The wind is the actual cause of the loss, the rain coming in after the damage occurred is secondary.

When trying to determine if there's coverage, you generally want to look at the proximate cause of the loss to find coverage.

These damages are due to continuous and repeated exposure to you, the cause of the loss.

This means that your business insurance policy must explicitly cover the cause of loss.

If a hurricane blew a rock through your window and the rain came in and caused damage, that would typically be covered because the wind is the proximate cause of the loss.

You may be dealing with the aftermath of a windstorm, fire, burglary or other devastating cause of loss.

Coverage provided — Any cause of loss is allowed except those specifically excluded in the policy documents.

Rental Reimbursement coverage pays the cost of the rental car if your own car is stolen or becomes disabled due to a covered cause of loss.

Wind is the proximate cause of the loss, and not covered if you don't have wind coverage.

EB insurance covers damage to covered property by a covered cause of loss (peril).

If the wind blows a rock through your window and the water is blown in as a result, that water damage could be covered because the wind is the proximate cause of the loss.

This CAUSE OF LOSS does not include loss at your place of residence while unoccupied unless you have used reasonable care to:

Generally floaters are written on an open perils basis which means that, save for exclusions such as nuclear hazard, the property is covered regardless of the cause of loss.