Sentences with phrase «loss of use coverage based»

In that instance, you might be in a position to claim loss of use coverage based on that mandatory evacuation caused by the immediate risk of your neighbor's home collapsing onto yours.

Not exact matches

If you lose the use of your home on a temporary basis due to a covered loss such as a fire, loss of use coverage makes sure you have a place to stay and pays for your additional living expenses.

With personal property coverage on a replacement cost basis, loss of use insurance to pay for your hotel, and liability coverage should you cause another person bodily injury or property damage, Effective Coverage has got you covered.

Loss of use coverage starts at $ 3,000, though $ 4,500 is a more common base level of coverage.

Loss of use payment is based on the amount of personal property coverage that you have.

Attorneys for both plaintiffs and defendants will find comprehensive coverage of such matters as: the advantages and disadvantages of suits based on strict liability, negligence and breach of warranty; the use of state consumer protection statutes; the duty to warn and its innumerable ramifications; the liability of the manufacturers, retailers and other potential defendants in the distribution chain; successor liability; federal preemption of common law claims; monitoring product safety during design, manufacturing and distribution; causation theories in actions involving multiple manufacturers; product misuse and alteration; the elements of proof needed in an action; recovery for economic loss; punitive damages; and the government contractor defense.

If you need your car on a daily basis, either for work purposes or to drive your kids around, then it might be worth your while to look into loss of use coverage which will pay for a rental car if your vehicle is out of commission.

Loss of use payment is based on the amount of personal property coverage that you have.

For equipment, livestock and other personal property used in your operation, your insurance policy will define your coverage based on which Causes of Loss apply.

Based on NerdWallet's sampling of earthquake insurance rates from the California Earthquake Authority, a renter may pay less than $ 300 a year for $ 50,000 in personal property coverage with a 5 % deductible and $ 1,500 for loss of use.

If you lose the use of your home on a temporary basis due to a covered loss such as a fire, loss of use coverage makes sure you have a place to stay and pays for your additional living expenses.

A driver that depends on his vehicle on a daily basis may choose to include roadside assistance and / or loss of use coverage onto his policy.

With personal property coverage on a replacement cost basis, loss of use insurance to pay for your hotel, and liability coverage should you cause another person bodily injury or property damage, Effective Coverage has got you covered.

Loss of use coverage starts at $ 3,000, though $ 4,500 is a more common base level of coverage.

You might want to consider loss of use coverage if you rely on your vehicle on a daily basis.

Most policies written today use Full Replacement Value coverage which will pay for full replacement costs up to the limits of the policy, but some insurers still write policies for Actual Cash Value, which only pays you a depreciated amount for the losses based on the age and condition of the items involved.

There are also renters coverage plans that include inflation coverage which increase the amount of your insurance based on how inflation changes the cost of living and loss of use insurance, which protects you if your home is rendered uninhabitable due to an insured loss.