The Respondent counterclaimed, alleging that she had been obliged to spend more than she otherwise would have paid to repair
the insured damage to the house, had the Appellant completed the contract.
Not exact matches
Buffett gave an example that losses for
damage to houses have grown in Florida isn't just because hurricanes may be worse, but because «you probably have five times the
insured values or maybe ten times the
insured values.»
For example, it makes sense
to insure your
house against fire; the premium is small compared
to the potential
damage, which works because the chance of a fire is also small.
You do not have
to worry about
insuring the physical structure of the
house or condo you live in the way you would if you were a homeowner, but you do have
to take care of your things and protect them against the risk of loss or
damage.
the liability portion of an HO policy pretty much follows the
insured and children... the incident does not have
to happen on the property... medpay yes, liability no... for instances a 7 yrs old child (resident of the home) goes
to a friends
house miles away and
damages their property in some way... let's say he's playing and spills something on the carpet that can not be cleaned..
Without the property
damage coverage, a driver is responsible for the repair or replacement of property
damage done
to the
insured driver of a car, whether that property is another car,
house or other private or public property.
A Driving - train Protect cover may be chosen where the company will cover
damage to the internal child parts of the engine, differential
housing and / or gear box of the two - wheeler, when the
damage is due
to water ingress or due
to the Leakage of lubricating oil and / or
damage to engine, differential
housing and / or gear box of the
Insured Vehicle arising out of leakage of lubricating oil due
to accidental means.
This section also covers additional benefits such as ambulance charges, education fund, dead body carriage cost,
damage to cloths, and rehabilitation cost
to insured person
to get rid from shock of injury, also cost for modification or repair of
house or vehicle after accident.
It provides coverage for loss /
damage to insured assets within the premise of
insured,
house or business due
to:
If your home is
insured, if any
damage caused
to your
house then you can be relaxed because your
house will be financially protected.
Personal property coverage
insures your belongings against the risk of loss due
to any number of named occurrences, such as a
house fire, wind
damage to your apartment, acts of vandalism, storm
damage and many other covered events.
Very simply put, it would be the reconstruction cost of the
house in the event of any loss and / or
damage arising due
to any of the
insured events like Fire, Storm, Riots, Flood, etc..
Any loss or
damage caused by insurer or
insured person directly or indirectly
to the
house or its contents.
If the
house remains unoccupied, it can be harder
to insure and be vulnerable
to theft, vandalism, or
damage due
to lack of maintenance.