Sentences with phrase «insurance protects owners»

Purchased with a one - time fee at closing, title insurance protects owners in the event that title to the property is found to be invalid.

In addition to the aforementioned issues that could conceivably arise, title insurance protects owners of single - family residences and condominiums from a litany of other problems, such as building permit violations and trust and zoning matters, improper documentation and wording of deeds, wills and trusts.

In most cases, condo insurance protects owners against 16 different perils including theft, vandalism, fire, smoke, windstorms or hail, volcanic eruptions and damage caused by automobiles or aircraft.

Motorcycle insurance protects owners from incurring major costs that could be financially devastating.

PMI protects the lender from default, while home owners insurance protects the owner for items like fire, storm damage, theft, etc..

This unique insurance protects the owner from having to pay financial damages out of their own pockets when a lawsuit results in a settlement, the cost of which would exceed their liability coverage limits.

Auto insurance protects the owner against any losses involved while using the automobile or car.

Motor Insurance protects the owner of the vehicle against damages to the vehicle and also pays for any liabilities owed by the vehicle owner as per law.

Not exact matches

According to a 2010 survey by Travelers Insurance, 94 percent of small - business owners are confident their business is protected against insurable risks, despite only 56 percent having disaster - recovery iInsurance, 94 percent of small - business owners are confident their business is protected against insurable risks, despite only 56 percent having disaster - recovery insuranceinsurance.

Below are the types of insurance most business owner's should consider: • Property insurance protects a person or physical property against its loss or the loss of its income - producing abilities.

Rather than purchase expensive liability insurance, then, many small business owners choose to incorporate to protect themselves.

FlightCar has $ 1 million in liability insurance for the owners of the cars rented through its platform to protect them against any damage that might occur while the car is being rented.

Being unaware of valuation information means that business owners do not have sufficient insight into key areas of optimal knowledge, such as the right capital structure for the business, and the proper insurance coverage needed to protect it.

The Hartford provides comprehensive and customizable Employment Practices Liability Insurance (EPLI) designed to help protect business owners and their businesses.

It found that 56 percent of owners living in a special flood hazard area don't take steps — besides purchasing basic flood insurance — to protect their property.

Probably the most important role life insurance plays in your business is that of protecting the owner, employees and family members.

«These proposed zoning changes will speed up the process for owners of Sandy - damaged buildings to obtain building permits for elevation and reconstruction and will reduce their vulnerability to future flood events, as well as protect property owners against higher flood insurance premiums,» said CARL WEISBROD, Director of the New York City Department of City Planning and Chairman of the New York City Planning Commission.

Auto & General provides commercial insurance in three general classes: property insurance, which provides protection against events such as a business owner's building being damaged in a fire; liability insurance, which protects the business owner in the event of negligence, and business vehicle insurance.

Insurance coverage protects the trailer owner in a variety of ways.

ATV owners should consider purchasing ATV insurance to protect themselves and others.

«A condominium corporation's insurance will cover the building and the common elements, like elevators or front lobby, but the condo owner must insure their own unit, personal items and protect themselves against liability if they are responsible for damage caused to a neighbour's unit.»

While the owner of the building likely has insurance to cover the damage, he may not have enough liability coverage to protect those in nearby buildings if the fire spreads.

If you are one of the many business owners in this state, you may already have a business insurance policy in place to protect your company from liability issues and financial loss.

In many cases, you have to ask for an owner's title insurance policy that protects you

Landlord insurance also protects the owner of the rented dwelling against liability risk.

If already in process get a Buyer's closing attorney and owner's title insurance to protect yourself at the very least!

That's where the tenant's liability coverage stands to make the owner whole, and also protect the insured resident from being sued by the landlord's insurance company to recoup what they paid out, in a process called subrogation.

An Owner's Title Insurance policy is purchased at the time a property is purchased and protects you, the buyer.

Much like the Canadian Deposit Insurance Corporation protects investors» deposits held at banks, Assuris protects policy owners from the failures of insurance cInsurance Corporation protects investors» deposits held at banks, Assuris protects policy owners from the failures of insurance cinsurance companies.

Homeowners insurance is not required by law but it is a commonsense measure for property owners who own the title outright and for individuals who currently have an outstanding mortgage to still protect themselves and their investment by purchasing homeowners insurance.

Condo insurance, also known as an HO6 insurance policy, provides condo unit owners coverage for their properties, protects against liability claims and helps cover costs if the unit is uninhabitable.

Homeowners» Insurance: Required for all mortgage loans, protects the home from damage and theft Owner's Title Insurance: Optional policy ensuring the title will not be subject to a claim of ownership, lien or other encumbrance Private Mortgage Insurance (PMI): Required by most lenders when the down payment is less than 20 % Federal Housing Administration (FHA) Mortgage Insurance Premium: Required on all FHA loans Mortgage Life Insurance: Optional policy that protects family and estate by paying off the loan in case of death Disability Insurance: Optional policy that guarantees loan payments will be made in case of disability

As a unit owner, you can protect yourself against insurance - related assessment by having the right personal condo policy.

This type of insurance helps protect against injury claims and property - damage suits (up to policy limits) brought by other drivers, pedestrians, or property owners if you are at fault in an accident.

Professionals and many business owners get this type of insurance to protect their assets.

RV insurance protects you, as a recreational vehicle owner, from excessive out of pocket costs in the event of a loss or if you are at fault in an accident that causes bodily injury or property damage.

As a renter, you are provided with an opportunity to solidly protect yourself with a reliable insurance just like a real owner of a home.

To protect a business in case of the death of a key employee, key person insurance, payable to the company, provides the owners with the financial flexibility needed to either hire a replacement or work out an alternative arrangement.

For property owners, Maryland home insurance is one of the most important steps you can take to protect this financial asset.

Title Insurance: Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the relateInsurance: Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the relateinsurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

This insurance can protect motorcycle owners from many of the risks they face while on the road.

Now that we've covered that, your renters insurance will protect you if there's a loss such as a fire and the owner of the home (or their insurance company) want to sue you because you caused that loss through your negligence.

Basically, a homeowner's insurance protects the home owner and a mortgage insurance protects the lender.

Many landlords actually require renters insurance as part of a lease agreement because these polices can help protect both the renter and the property owner.

The best renters insurance policy for jewelry owners is one that adequately protects all of a tenant's shiny valuables, such as rings,... Read More

Title Insurance: Insurance to protect the lender (lender's policy) or the buyer (owner's policy) against loss arising from disputes over ownership of a property.

Term life insurance for bank loans protect the bank's interest in the borrower's wellbeing, but it's equally valuable for the business owner's loved ones.

The vast majority of apartments require Reston renters insurance because it's the single best way to protect the property management company, the owners, and the residents.

Title insurance protects you from liens that may be attached to the property by way of a previous owner, or from any complications with the deed.

Mortgage insurance, often required for borrowers without sizable down payments, is a substitute for equity that serves to protect a loan's owner in the event of a borrower default.